Mr. Clive Brookes reports

ATORO CAPITAL CORP. ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Atoro Capital Corp. has closed its previously announced non-brokered private placement. The company issued an aggregate of four million common shares at a price of five cents per share for gross proceeds of $200,000.

Net proceeds from the offering will be used for general working capital. In connection with the offering, the company paid finders' fees of $8,400 in cash to certain arm's-length finders.

All securities issued in connection with the offering are subject to a statutory four-month hold period expiring on July 31, 2026. In addition, securities issued to two directors are subject to escrow pursuant to TSX Venture Exchange policies.

Two directors of the company subscribed for an aggregate of 400,000 common shares for gross proceeds of $20,000 and have agreed to place such common shares issued at closing in escrow, in accordance with TSX-V policies. Such subscriptions constitute a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that the fair market value of the insider participation does not exceed 25 per cent of the company's market capitalization. The company did not file a material change report more than 21 days before the expected closing of the offering because the details of the participation therein by related parties to the company were not settled until shortly prior to the closing of the offering.

We seek Safe Harbor.