Mr. Brian Stecyk reports

PEDRO RESOURCES LTD. PROVIDES CORPORATE UPDATE

Pedro Resources Ltd. continues to work toward closing the proposed $725,000 convertible debenture private placement financing announced by the company on July 14, 2023.

The company expects to close the offering in or around early October.

About Pedro Resources Ltd.

Pedro Resources is a Canadian exploration company listed on the Canadian Securities Exchange focused on mineral exploration and development.

We seek Safe Harbor.