Cairo Announces Termination of Proposed Qualifying Transaction with Swarmio Inc.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

CAIRO RESOURCES INC.

1430-800 West Pender Street, Vancouver, BC V6C 2V6 Telephone: (604) 638-8063; Fax: (604) 648-8105

CAIRO ANNOUNCES TERMINATION OF PROPOSED QUALIFYING TRANSACTION WITH SWARMIO INC.

Vancouver, B.C., April 7, 2020 – Cairo Resources Inc. (TSX-V: QAI.H) (the “Company” or “Cairo”), a Capital Pool Company listed on the NEX Board of the TSX Venture Exchange (the “Exchange”), announces, further to its news release of October 1, 2019, that given prevailing market conditions, it has terminated the Amalgamation Agreement dated September 30, 2019 with Swarmio Inc.

About Cairo

The Company is a Capital Pool Company presently listed on the NEX board of the Exchange. The Company currently has issued and outstanding 1,881,473 common shares issued and outstanding and no convertible securities.

For further information please contact Darryl Cardey at (604) 638-8063.

ON BEHALF OF THE BOARD

(signed) “Darryl Cardey”

Darryl Cardey

President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.