Quadro Resources Ltd. — Share Issue/Capital Change 2022

Nov 24, 2022

QUADRO RESOURCES LTD.

NOTICE OF CHANGE IN CORPORATE STRUCTURE

November 22, 2022

BC Securities Commission 701 West Georgia Street Vancouver, BC V7Y 1L2

Dear Sirs:

Re: Quadro Resources Ltd. (the “Company”) Notice of Change in Corporate Structure

Pursuant to section 4.9 of National Instrument 51-102 Continuance Disclosure Obligations, please be advised:

(a) the party to the transaction is Quadro Resources Inc.; (b) the transaction is a share consolidation on a 3:1 basis; (c) the effective date of the transaction is November 22, 2022; (d) no party ceased to be a reporting issuer; and (e) there has been no change in the issuer’s year-end.

Yours truly,

C/S “T. Barry Coughlan”

T. Barry Coughlan CEO and Director

cc: Alberta Securities Commission cc: P.E.I. Securities Commission cc: Manitoba Securities Commission cc: Quebec Securities Commission cc: New Brunswick Securities Commission cc: Saskatchewan Securities Commission cc: Nova Scotia Securities Commission cc: Registrar of Securities – Northwest Territories cc: Ontario Securities Commission cc: Registrar of Securities – Yukon Territories cc: Newfoundland Securities Commission cc: Nunavut Securities Commission cc: CDS Inc. cc: TSX Venture Exchange