NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
May 26, 2021 – Vancouver, B.C. – Medaro Mining Corp. (CSE:MED) (“Medaro” or the “Company”) is pleased to announce that the Company’s common shares (the “Shares”) have been approved for listing on the Canadian Securities Exchange (the “CSE”) and that trading of the Shares is expected to commence at market open on Wednesday, April 7, 2021.
The Shares will trade under the symbol “MEDA” and the ISIN and CUSIP numbers of the Shares are, respectively, CA58404N1096 and 58404N109.
The Company also announces that it has obtained a receipt for its final long form prospectus (the “Prospectus”) from the British Columbia Securities Commission, Alberta Securities Commission and Ontario Securities Commission. The Prospectus qualifies the distribution of 3,475,500 units (each, a “Unit”) of the Company and the 3,475,000 Shares and 3,475,500 warrants of the Company underlying such Units that were issued upon the deemed exercise of the Company’s previously outstanding 3,475,500 special warrants.
A copy of the Prospectus is available on SEDAR at www.sedar.com.
About the Company
The Company is a lithium exploration company based in Vancouver, BC. The Company is based in Vancouver, BC and holds an option over the Superb Lake lithium and gold property located in Thunder Bay, Ontario.
For more information, investors should review the Company’s filings that are available at www.sedar.com.
Forward Looking Statements
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 Company’s anticipated trade date on the CSE and the timing thereof are “forward-looking statements.” These forward-looking statements reflect the expectations or beliefs of management of the Resulting Issuer 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.
Director and Chief Financial Officer
Telephone: 778 233 3537