Medaro Mining Corp. announced a private placement of up to 2,857,142 flow-through units at a price of CAD 0.70 per flow-through units for aggregate gross proceeds of up to CAD 1,999,999 on November 3, 2021. The transaction will include participation from funds managed by Sprott Asset Management, LP. Each flow-through units will consists common share, issued on a flow-through basis and one half of one common share purchase warrant, each warrant entitles the holder to purchase one additional common share at an exercise price of CAD 0.90 per share for two years from issuance. The company may pay finder?s fees. All securities to be issued will be subject to a four-month and one day hold period under applicable securities laws.