Medaro Announces LIFE Private Placement Offering

Executive Summary

• Medaro Mining Corp. announced a private placement offering of up to 3,742,857 units at $0.14 per unit, targeting gross proceeds of up to $524,000.
• Each unit consists of one common share and one warrant (exercise price $0.17, exercisable after 60 days for a 24‑month period).
• Net proceeds are earmarked to fund exploration at the Pontax and Cyr South lithium projects and for general corporate and administrative purposes.

Key Details

• Units Offered: Up to 3,742,857 units
• Price per Unit: $0.14 (equivalent to $0.07 per share plus warrant)
• Total Gross Proceeds Target: $524,000
• Unit Composition: 1 common share + 1 common share purchase warrant
• Warrant Terms: Exercise price $0.17; exercisable after a 60‑day lock‑up for a period of 24 months from issuance
• Offering Structure: Private placement under the Listed Issuer Financing Exemption (NI 45‑106) and Coordinated Blanket Order 45‑935 (LIFE Exemption)
• Geographic Availability: Offered to investors in all Canadian provinces/territories except Québec; securities expected to be freely tradeable with no hold period under Canadian law
• Closing Date: Expected on or about December 22, 2025
• Use of Proceeds:
• Advance exploration activities at the Pontax and Cyr South lithium properties
• General corporate purposes
• Administrative expenses
• Finder’s Fees: Company may pay eligible finders in connection with the offering, subject to applicable securities laws and CSE policies.
• Regulatory Notices: Securities are not registered under U.S. law; cannot be offered or sold in the United States or to U.S. persons absent exemption.

Notable Quotes

(No direct quotes were provided in the release.)