Quadro Closes Flow-Through Unit Financing
Vancouver, B.C. December 31, 2019. Quadro Resources Ltd. (“Quadro” or the “Company”) (TSXV:QRO) announces that it has filed documents with the TSX Venture Exchange (the “Exchange”) to close its previously announced (December 13, 2019) non-brokered flow-through private placement financing (the “Financing”) for total proceeds of $128,750 consisting of 2,575,000 Flow-Through Units (the “FT Units”) at a price of $0.05 per FT Unit. Each FT Unit consists of one flow-through common share and one common share purchase warrant, each warrant being exercisable into one common share at a price of $0.05 per share for a period of 12 months from closing.