Madoro Metals Corp. Provides Update On Proposed Reverse Takeover With Narrow River Resources

About this update from Madoro Metals Corp

Madoro Metals Corp. Provides Update On Proposed Reverse Takeover With Narrow River Resources (TheNewswire) March 2, 2026 - VANCOUVER, British Columbia – TheNewswire - Madoro Metals Corp. (“Madoro” or the “Company”) (TSX VENTURE: MDM; OTC: MXSTF; FSE: A2QQ1X), is pleased to provide a brief update regarding the proposed reverse takeover (the “Proposed Transaction”) with Narrow River Resources Pty Ltd. (“NRR”) previously announced in the Company’s news release dated February 2, 2026.   Madoro and NRR continue to advance the various components required under TSX Venture Exchange (“TSXV”) Policy 5.2 – Changes of Business and Reverse Takeovers. Work related to the Proposed Transaction—including technical reporting, preparation of transaction documentation, and assembly of required regulatory filings—is progressing as expected. The parties remain committed to moving the Proposed Transaction forward and will provide further updates as appropriate.   Completion of the Proposed Transaction remains subject to execution of definitive documentation, regulatory and shareholder approvals, and satisfaction of all applicable TSXV requirements.   Details of the Proposed Transaction, as contemplated in the letter of intent signed by Madoro and NRR on January 30, 2026, may be found in the Company’s news release dated February 2, 2026.   About Madoro Metals Corp.   Madoro Metals Corp. (MDM - TSX Venture Exchange; MSTXF – OTC Markets; A2QQ1X - Frankfurt) is an emerging resource company engaged in the evaluation, acquisition, and exploration of mineral properties in Canada and Mexico. Madoro holds an Option to acquire 100% interest in the First Green Lithium Property located in the emerging Cadillac-Pontiac lithium camp in the Abitibi Témiscamingue region, approximately 75 kilometres southwest of Val-d’Or, Québec; a 50% interest in the Ralleau mineral property in the Urban Barry District, Lebel-sur-Quévillon area of Quebec; and a 100% interest in the Cerro Minas Property in Oaxaca, Mexico. For further information, investors and shareholders are invited to visit the Company’s website at www.madorometals.com, call the office at 1-604-681-1568, toll free at 1-877-377- 6222, or send an email to info@madorometals...

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