Medaro Mining Corp. announced that it has amended its option agreement with Skyharbour Resources Ltd. dated November 1, 2021, as amended on November 14, 2023, pursuant to which the Company holds an option to acquire a 100% interest in the Yurchison uranium property located in the Wollaston Domain of Northern Saskatchewan. The Company paid Skyharbour a fee of $2,500 in consideration for the amendment.

Pursuant to the Amended Option Agreement, the Company must make and incur the following outstanding cash payments, share issuances, and exploration expenditures to satisfy its earn-in obligations: i. issue Skyharbour 825,000 common shares in the capital of the Company (the Shares) at a deemed price of $0.40 per Share, on or before May 2, 2024; ii. pay Skyharbour $250,000 in cash and incur $1,500,000 in exploration expenditures on the Property by May 1, 2025; and i. pay Skyharbour $250,000 in cash, issue Skyharbour $1,670,000 worth of Shares, and incur $3,000,000 in exploration expenditures on The Property by November 1, 2025. The 20-day volume weighted average price will be used in calculating the value of any Shares issued.