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Vancouver, British Columbia — October 30, 2025 — Medaro Mining Corp. (the “Company” or “Medaro”) (CSE:MEDA ) (OTC PINK:MEDAF) (FWB:1ZY) is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) offering of up to 4,062,500 common shares of the Company (“Shares”) at a price of $0.08 per Share, for gross proceeds of up to $325,000.
The Company may pay finder’s fees to eligible finders in connection with the Private Placement in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. All securities issued in connection with the Private Placement will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation in Canada. The Private Placement is subject to all necessary corporate and regulatory approvals. The Company intends to use the net proceeds from the Private Placement for potential acquisitions and working capital.
The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) absent registration or available exemptions from such registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States or to U.S. persons, or in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Medaro
Medaro Mining Corp. is a lithium exploration company based in Vancouver, BC. The Company owns the James Bay Pontax Project and the CYR South lithium properties in Quebec.
For more information, investors should review the Company’s public filings, which are available at www.sedarplus.ca.
On Behalf of the Board Mark Ireton
CEO & Director Medaro Mining Corp.
Suite 1000 – 409 Granville Street, Vancouver, BC V6C 1T2
Email: mark.ireton57@gmail.com
The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release and does not accept responsibility for the adequacy or accuracy of this release.
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the Private Placement and the expected use of proceeds therefrom, are “forward-looking statements.” These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
