Core Points - Quadro Resources Ltd. announces that TRU Precious Metals Corp. has exercised the Initial Option under the Option Agreement dated June 15, 2022, for Quadro's Staghorn Property in Newfoundland and Labrador [1][2] - TRU has acquired a 51% undivided interest in the Staghorn Property, reflecting its commitment to advancing the project [2] - TRU has a 30-day period to elect to proceed with the Additional Option, which would allow it to earn an additional 14% interest in the Staghorn Property [3] - Quadro Resources holds a 49% ownership interest in the Staghorn property and fully owns the Long Lake property [4]