Original News Release
Medaro Mining cancels proposed RTO with Omega Gold
Mr. Faizaan Lalani reports
Medaro Mining Corp. will not be proceeding with the previously announced reverse takeover transaction (RTO) with Omega Gold Corp. The parties have terminated discussions under the non-binding letter of intent dated June 23, 2025, and the proposed transaction will not proceed.
Pursuant to the terms of the non-binding letter of intent, each party will bear its own costs and expenses incurred in connection with the proposed transaction.
Medaro continues to evaluate strategic opportunities while remaining focused on prudent capital allocation and creating long-term shareholder value.
About Medaro Mining Corp.
Medaro Mining is an exploration company based in Vancouver, B.C. The company owns the James Bay Pontax project and the CYR South lithium properties in Quebec.
We seek Safe Harbor.
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