Medaro Mining Grants Stock Options and RSRs and Announces Completion of Assignment Agreement

Core Viewpoint - Medaro Mining Corp. has granted stock options and restricted share rights to advisors and directors, while also fulfilling obligations related to a mineral claims acquisition in Ontario [1][3]. Group 1: Stock Options and Restricted Share Rights - The company has granted a total of 400,000 stock options and 170,000 restricted share rights to certain advisors and directors [1]. - The stock options will vest in three tranches: 33% after 4 months, 33% after 8 months, and the remaining 33% after 12 months, with an exercise price of C$0.39 per share [2]. - The restricted share rights will vest 100% after 4 months from the grant date [2]. Group 2: Mineral Claims Acquisition - Medaro Mining holds the option to acquire a 100% interest in the Clay Howells Project in Ontario, subject to a production royalty [4]. - To exercise this option, the company must make payments of $20,000 by August 13, 2026, $30,000 by August 13, 2027, and $38,000 by August 13, 2028 [5]. - If the option is exercised, the optionors will retain a 1.5% net smelter returns royalty, with the company having the right to purchase one-third of the royalty for a one-time payment of $500,000 [5]. Group 3: Securities and Compliance - All securities issued in connection with the stock options, restricted share rights, and consideration shares are subject to a statutory hold period of four months and one day under Canadian securities laws [6]. - Medaro Mining Corp. is a lithium exploration company based in Vancouver, BC, owning the James Bay Pontax Project and CYR South lithium properties in Quebec [7].