Press Release, QUADRO ISSUES OPTIONS TO DIRECTORS, OFFICERS AND CONSULTANTS

Vancouver, B.C., February 5, 2021. Quadro Resources Ltd. (“Quadro” or the “Company”)
(TSXV: QRO, OTCQB: QDROF, FRA: G4O2) is pleased to announce that, subject to regulatory
approval, it has issued 2,910,000 stock options to directors, officer and consultants of the Company.
The stock options are issued with an exercise price of $0.12 and will expire February 5, 2026.

About Quadro Resources – Quadro is a publicly traded mineral exploration company. It is led by
an experienced and successful management team and is focused on exploring for gold in North
America. The Company’s shares trade on the TSX Venture Exchange under the symbol “QRO”.
Quadro owns a 100% interest in the Staghorn property and has an option to earn a 100% interest in
the Long Lake and Yellow Fox/Careless Cove properties in Newfoundland.

On behalf of the board of directors,
Quadro Resources Ltd.
“T. Barry Coughlan”
President and CEO
Tel (778) 373-6734
Tel (604) 644-9561
info@quadroresources.com

"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release." The information contained
herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking
statements relate to information that is based on assumptions of management, forecasts of future results, and estimates
of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking
statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events
or results to differ from those reflected in the forward-looking statements. Investors are cautioned against attributing
undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the
Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events
or results could differ materially from the Company's expectations or projections.” For more information on the Company,
interested parties should review the Company's filings that are available at www.sedar.com.