15:52:30 EST Wed 11 Feb 2026
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Medaro Mining Corp (3)
Symbol MEDA
Shares Issued 11,237,147
Close 2026-02-10 C$ 0.39
Market Cap C$ 4,382,487
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Medaro stakes 1,130 hectares in Bastnas district

2026-02-11 11:26 ET - News Release

Mr. Mark Ireton reports

MEDARO MINING CORP. HIGHLIGHTS POSITIVE MINING OUTLOOK FOR CRITICAL MINERALS IN THE EU

Medaro Mining Corp. has provided an update on its recently announced entry into Sweden, where the company has staked approximately 1,130 hectares of mineral tenure in central Sweden within the broader Riddarhyttan-Bastnas area of Skinnskatteberg Municipality, Vastmanland county.

The company believes Sweden offers an increasingly attractive exploration and development environment given the European Union's accelerating focus on domestic supply chains for critical raw materials, Sweden's established mining and infrastructure base, and a regulatory regime that provides clear pathways for mineral tenure and permitting.

Sweden mining outlook: supportive demand and policy tailwinds

Sweden is positioned to play an expanding role in Europe's critical minerals supply chain. The EU Critical Raw Materials Act (CRMA) is designed to strengthen domestic extraction, processing and recycling capacity, and includes measures intended to shorten permitting time frames for designated strategic projects (including published targets such as 27 months for extraction permits and 15 months for processing/recycling permits under the CRMA framework).

At the jurisdictional level, Sweden has publicly emphasized the strategic importance of critical minerals and responsible supply chains. Sweden joined the Sustainable Critical Mineral Alliance, underscoring a policy focus on high environmental, social and governance standards, and sustainable sourcing.

Recent developments also point to continued momentum for critical mineral projects in-country. For example, Sweden approved a zoning plan for Talga's proposed graphite mine near Kiruna, with Swedish officials highlighting Sweden's role in supporting more independent European supply of critical raw materials.

Medaro believes these intersecting trends -- EU demand pull, supply chain security initiatives and Sweden's emphasis on sustainable mining -- create a constructive backdrop for disciplined, modern exploration.

Property overview

As previously disclosed, Medaro's staking package comprises two exploration permit applications totalling 1,131 hectares.

The property is located in a region known for historical mining and mineral occurrences. Medaro considers the broader district to be geologically prospective for multiple mineralization styles, including iron-oxide-copper-gold (IOCG), volcanogenic massive sulphide (VMS)/massive sulphide-style and rare-earth element (REE) mineralization.

About Medaro Mining Corp.

Medaro is a mineral exploration company focused on the acquisition and advancement of high-quality mineral projects in Sweden, Ontario and Quebec.

We seek Safe Harbor.

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