File: Attachment QRONRMAR21.pdf

QUADRO PROVIDES CLAIRTY TO SHAREHOLDERS

Vancouver, B.C., March 21, 2024. Quadro Resources Ltd. ("Quadro" or the "Company") (TSXV: QRO, OTC Pink: QDROF, FSE: G4O) announces that, further to its Management Information Circular (the "Circular") prepared and sent to shareholders in May 2023, and the July 31, 2023 Audited Annual Financial Statements, filed on SEDAR+ November 28, 2023, the Company is providing further clarification of information provided and, in certain circumstances, providing information omitted in error.

Summary Compensation Table

1. Below is the updated Summary Compensation Table for the Named Executive Officers of the Company. Stock Options were issued in fiscal 2021, not fiscal 2022 as previously disclosed. SUMMARY COMPENSATION TABLE

Annual Compensation Long Term Compensation

Awards Payouts

Shares

Securities or

Under Units Subject

NEO Other Options/ to Resale All other Name and Principal Annual SARs Restrictions LTIP Compen- Position Year Salary Bonus Compensatio Granted ($) Payouts sation (a) T. Barry Coughlan ($) ($) n ($) (#) (g) ($) ($) President, CEO & Director(1) (b) (c) (d) (e) (f) (h) (i)

2022 96,000 Nil Nil Nil Nil Nil Nil

2021 96,000 Nil Nil 295,000 Nil Nil Nil

2020 74,000 Nil Nil Nil Nil Nil Nil

Thomas R. Wilson 2022 42,000 Nil Nil Nil Nil Nil Nil CFO & Director 2021 54,000 Nil Nil 100,000 Nil Nil Nil

2020 23,200 Nil Nil Nil Nil Nil Nil

NOTES:

(1) Payments are made to TBC Ventures Ltd., a company 100% owned by T. Barry Coughlan, pursuant to an

agreement between the Company and TBC Ventures Ltd. (see "Management Contracts" in this Information

Circular).

Management and Change of Control Contracts

2. There are management contracts with TBC Ventures Ltd. (Barry Coughlan, Director, President, CEO), and Thomas Wilson (Director, CFO), which were signed in January 2020, and which automatically renew on a monthly basis. There are also change of control contracts with both parties dated January 1, 2020.

1400 1040 West Georgia Street Vancouver, B.C. V6E 4H1 Tel (604) 644-9561 info@quadroresources.com Availability of Audit Committee Charter

3. The Company's Audit Committee Charter is available for any shareholders who wish to review it.

Identify Related Parties

4. The following information is provided in relation to the management fees and consulting fees as mentioned under Note 9 Related Party Transactions of the audited financial statements as of July 31, 2023:

9(d) Wayne Reid (through his company Eastrock Exploration Inc.), VP Exploration. Services were previously booked to geological consulting (point 9 (c)) but reclassed to management services due to a more management focused role rather than geological.

9(e) Pieter Bakker, director as of 2023 AGM.

Individual Bankruptcies

5. Within the last ten years prior to the date of the Circular, Thomas Wilson, CFO and proposed director, entered into a plan of arrangement. He informed the Institute of Chartered Accountants of BC; he and the trustee both confirmed the balance of the consumer proposal has been paid. The Compliance Department of the TSX Venture Exchange completed a review and, notwithstanding his late PIF application, consented to Mr. Wilson serving as a Director for the Company. The amount was fully paid on November 4, 2022.

About Quadro Resources Quadro is a publicly traded mineral exploration company with approximately 28.5 million shares issued and outstanding, of which management and advisors hold approximately 25%. It is focused on exploring for gold in North America. The Company's shares trade on the TSX Venture Exchange under the symbol "QRO". Quadro owns a 100% interest in the Staghorn property, which it has optioned to TRU Precious Metals Corp.; owns a 100% interest in the Long Lake property; and has an option to earn an initial 51% interest in the Tulks South Property, in Newfoundland.

On behalf of the board of directors, Quadro Resources Ltd.

"T. Barry Coughlan" President and CEO

Tel (604) 644-9561 info@quadroresources.com

"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release." For more information on the Company, interested parties should review the Company's filings that are available at www.sedarplus.ca.

1400 1040 West Georgia Street Vancouver, B.C. V6E 4H1 Tel (604) 644-9561 info@quadroresources.com