MEDARO MINING ANNOUNCES TERMINATION OF JOINT VENTURE

VANCOUVER, British Columbia, April 3, 2025 – Medaro Mining Corp. (CSE: MEDA; OTC PINK: MEDAF; FWB: 1ZY) (“Medaro” or the “Company”) announces that, further to its January 30, 2025 news release, the Company has terminated (the “Termination”) its joint venture to research and develop technology for extracting lithium from spodumene concentrate (the “Technology”) pursuant to the joint venture agreement among the Company, Global Lithium Extraction Technologies Inc. (“GLET”), Gurcharn Deol, and Dr. James G. Blencoe dated June 30, 2021, as amended on September 8, 2021, that was carried out through GLET.

In connection with the Termination, GLET has assigned all of its interests in and to the Technology to Dr. Blencoe, and Dr. Blencoe and Mr. Deol transferred all of their shares in GLET to the Company, resulting in the Company becoming the sole shareholder of GLET.

On Behalf of the Board of Directors

Faizaan Lalani

Interim CEO & Director

 

About the Company

The Company is a lithium exploration company based in Vancouver, BC, and holds options over the Darlin, Rapide, Lac La Motte and CYR South lithium properties in Quebec. The Company owns the James Bay Pontax Project in Quebec.

 

For  more  information,  investors  should  review  the  Company’s  filings  that  are  available  at

www.sedarplus.ca.

 

Contact Information info@medaromining.com 778-837-7191

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