Quadro Announces Increase to $0.05 Unit Private Placement Financing
Vancouver, B.C. January 21, 2020. Quadro Resources Ltd. (“Quadro” or the “Company”) (TSXV:QRO) Further to its December 13, 2019 and December 31, 2019 news releases, the Company announces that, subject to TSX Venture Exchange approval, it has increased the Hard Dollar Unit portion of its Financing from 2,500,000 Units to 8,825,000 $0.05 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.