01:10:25 EST Fri 16 Jan 2026
Enter Symbol
or Name
USA
CA



Quadro Resources Ltd (3)
Symbol QRO
Shares Issued 28,511,576
Close 2026-01-02 C$ 0.035
Market Cap C$ 997,905
Recent Sedar Documents

Quadro Resources closes $252,500 private placement

2026-01-15 15:40 ET - News Release

Subject: Quadro Resources news release PDF Document

File: Attachment QRONRJAN15.pdf

QUADRO CLOSES PRIVATE PLACEMENT FINANCING

Vancouver, B.C., January 15, 2026. Quadro Resources Ltd. ("Quadro" or the "Company") (TSXV: QRO; FSE: G4O) further to its November 25, 2025, December 11, 2025, January 6, 2026 and January 8, 2026 news releases, the Company is pleased to announce that it has closed its $0.035 private placement financing (the "Financing") for gross proceeds of $252,500.

The Company has issued 7,214,286 units at a price of $0.035 per unit (the "Units"), each Unit consisting of one common share and one common share purchase warrant (the "Warrants"), each Warrant entitling the holder to purchase one additional common share of the Company at an exercise price of $0.06 per common share for a period of 24 months from the date of issue.

One insider subscribed to the Financing for $35,000 or 1,000,000 Units, that portion of the Financing being a "related party transaction" as such term is defined under MI 61-101 Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation requirement of MI-61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than 25% of the Company's market capitalization.

In connection with the Financing the Company has paid cash finders' fees totaling $11,025 and issued 315,000 non-transferable broker warrants, exercisable at $0.06 for 24 months, as permitted by the policies of the Exchange.

All securities issued pursuant to the Financing are subject to a 4-month plus 1 day hold, expiring May 9, 2026.

The Company intends to use the proceeds of the Financing for general working capital purposes ($175,129) and to fund its portion of the Quadro-TRU Precious Metals Corp. joint venture on the Staghorn property ($66,346).

About Quadro Resources Quadro Resources Ltd. is a publicly traded mineral exploration company with approximately 28.5 million shares outstanding, listed on the TSX Venture Exchange under the ticker symbol "QRO." The Company focuses on gold exploration in North America. Quadro owns a 49% interest in the Staghorn property, while TRU Precious Metals Corp. holds 51%. Quadro maintains full ownership of the Long Lake property. Both properties are located along the Cape Ray Fault in Newfoundland and Labrador.

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." The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward- looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections." For more information on the Company, interested parties should review the Company's filings that are available at www.sedarplus.ca

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