Mr. Barry Coughlan reports

QUADRO ANNOUNCES INCREASE TO $0.05 UNIT PRIVATE PLACEMENT FINANCING

Further to its Dec. 13, 2019, and Dec. 31, 2019, news releases, Quadro Resources Ltd., subject to TSX Venture Exchange approval, has increased the hard-dollar unit portion of its financing from 2.5 million units to 8,825,000 five-cent units for proceeds of $441,250. The company previously closed on 2,575,000 flow-through units for proceeds of $128,750. The proposed increase would, on closing the full amount, bring total gross proceeds of the financing from $500,000 to $570,000.

We seek Safe Harbor.