Medaro Mining Announces Granting of Permits for Bastnäs Asset in Sweden

Vancouver, British Columbia--(Newsfile Corp. - March 12, 2026) - Medaro Mining Corp. (CSE: MEDA) (OTCID: MEDAF) (FSE: 1ZY) ("Medaro" or the "Company") is pleased to announce that exploration permits (undersökningstillstånd) (collectively, the "Permits") have been granted for the Bastnäs permit areas (the "Project") located in Skinnskatteberg Municipality, Västmanland County, Sweden. The Permits were issued by Bergmästaren at Bergsstaten (the Swedish Mining Inspectorate) under Sweden's Minerals Act (1991:45) and grant the permit holder an exclusive right to investigate the permitted areas.