Medaro Announces Private Placement

Executive Summary

• Medaro Mining Corp. announced a non‑brokered private placement of up to 3,333,333 Units at $0.30 per Unit and up to 657,894 flow‑through (FT) Units at $0.38 per FT Unit, targeting aggregate gross proceeds of up to $1,250,000.
• Each Unit includes one common share and a warrant exercisable at $0.45 for 24 months; each FT Unit includes one flow‑through common share and a warrant exercisable at $0.55 for 24 months.
• Proceeds will fund general working capital, including exploration on the newly staked Sweden property and the Clay Howells REE project in Ontario, with FT proceeds earmarked for Canadian exploration expenses under the Income Tax Act.

Key Details

• Units Offered: Up to 3,333,333 Units @ $0.30 per Unit → $1,000,000 gross proceeds (maximum).
• FT Units Offered: Up to 657,894 FT Units @ $0.38 per FT Unit → $250,000 gross proceeds (maximum).
• Total Potential Gross Proceeds: $1,250,000.
• Unit Composition:
• 1 common share + 1 common‑share purchase warrant.
• Warrant exercisable into one common share at $0.45 per share for 24 months from issuance.
• FT Unit Composition:
• 1 flow‑through common share (tax‑deductible) + 1 common‑share purchase warrant.
• Warrant exercisable into a non‑flow‑through common share at $0.55 per share for 24 months from issuance.
• Use of Proceeds:
• General working capital, including exploration on the Sweden property and Clay Howells REE property (Ontario).
• FT Unit proceeds specifically allocated to “Canadian exploration expenses” as defined in the Income Tax Act.
• Hold Period: All securities subject to a four‑month hold period per CSE policies and Canadian securities law.
• Conditions to Completion: Subject to receipt of all required approvals, including CSE approval; may involve payment of finder’s fees.
• Regulatory Notices: Securities not registered under U.S. securities laws; offering unavailable to U.S. persons without exemption.

Notable Quotes

• “The proceeds from this financing will enable us to advance our exploration programs on the Sweden and Clay Howells projects, supporting our growth strategy.” – Mark Ireton, CEO & Director

This release contains forward‑looking statements regarding the proposed private placement, use of proceeds, and exploration activities. Actual results may differ materially.