Mr. Michael Mulberry reports

MEDARO MINING ANNOUNCES PROPOSED SHARE CONSOLIDATION

Medaro Mining Corp.'s board of directors has approved a consolidation of the common shares of the company on a one-for-10 basis. The company has 94,514,572 common shares outstanding, and, if completed, the proposed consolidation would reduce the issued and outstanding common shares to approximately 9,451,457 common shares.

The company will issue a subsequent news release, following its filing of all necessary documentation with the Canadian Securities Exchange (CSE) in respect of the proposed consolidation, announcing the effective date of the proposed consolidation, the new Cusip and ISIN for the consolidated common shares, and any other relevant details regarding the proposed consolidation. No fractional common shares will be issued as a result of the proposed consolidation. Any fractional common shares resulting from the proposed consolidation will be rounded up, in the case of a fractional interest that is 0.5 or greater, or rounded down, in the case of a fractional interest that is less than 0.5, to the nearest whole number of common shares, and no cash consideration will be paid in respect of fractional common shares rounded down to the nearest whole common share.

About Medaro Mining Corp.

Medaro Mining is a lithium exploration company based in Vancouver, B.C., which owns or holds options over the Superb Lake, Lac La Motte, Darlin, Rapide, Pontax and Cyr lithium properties located in Quebec, and the Yurchison uranium property located in Northern Saskatchewan. The company is also involved in the development and commercialization of a new process to extract lithium from spodumene concentrate through its global lithium extraction technologies joint venture.

We seek Safe Harbor.