reports
Mundoro Advances Targeting on Vale Program and Generative Programs
Vancouver, British Columbia--(Newsfile Corp. - July 6, 2021) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) () ("Mundoro" or the "Company") a royalty generator company with a portfolio of projects focused on copper and gold that generate future royalties and near term cash payments, is pleased to report an update on the Vale-Mundoro Project exploration programs and the target compilation field work for the GT7 Copper Project in Serbia.Teo Dechev, CEO and President commented: "The Vale funded exploration program in South Timok has been progressing nicely with drill testing having started at ...
Mundoro Provides Operational Update and Signs Definitive Option Agreem...
Vancouver, British Columbia--(Newsfile Corp. - May 6, 2021) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) () ("Mundoro" or the "Company") is pleased to announce the Company and Vale Canada Inc. ("Vale") have executed a definitive option agreement for the two additional exploration areas in Timok, Serbia. As well, the Company has filed its 2020 Year End Audited Consolidated Financial Statements and Management's Discussion and Analysis on SEDAR and posted on the Company's website at .Teo Dechev, CEO and President commented: "Mundoro is growing its list of properties optioned to partners. T...
Mundoro-Vale Exploration Program Expands Targeting in Timok Serbia
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) () ("Mundoro" or the "Company") announces update for the Vale-Mundoro JV Program in Serbia, that includes (i) Phase 1 drill program at the Skorusa copper-gold porphyry system ("Skorusa") and (ii) geophysical program at the Oblez license. Both programs are located in the southern portion of the Timok Magmatic Complex ("Timok") west-southwest of the Cukaru Peki Deposit and the Bor mining complex. HighlightsDiamond drilling is ongoing at Skorusa copper-gold porphyry system, along with...
Mundoro Receives New Copper-Gold Project in Serbia
Vancouver, British Columbia--(Newsfile Corp. - March 30, 2021) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) () ("Mundoro" or the "Company") announces the granting of a new exploration license totaling 98 sq. km located in the northern portion of the Serbo-Macedonian Metallogenic Province, which is part of the Tertiary Magmatic Belt in central Serbia and south of the Rudnik lead-zinc-silver mining district.HighlightsThe license is a copper-gold area totaling 98 sq. km in central Serbia ("GT7 Copper Project", "Project")Considered highly prospective for porphyry and related epithermal miner...
Mundoro Announces Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 11, 2021) - Mundoro Capital Inc. (TSXV: MUN) | (OTCQB: MUNMF) | ) ("Mundoro" or the "Company") is pleased to report that it has closed an over-subscribed non-brokered private placement financing raising $3,086,000 through the issuance of 19,287,500 units ("Units") at $0.16 per unit, subject to final TSX approval. Each Unit consists of one common share and one-half of one share purchase warrant. Each whole share purchase warrant ("Warrant") is exercisable into one common share at a price of $0.30 per share for a period of 2 years following...
Mundoro Announces Non-brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2021) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) () ("Mundoro" or the "Company"), intends to undertake a private placement to raise gross proceeds of up to $3,000,000 through the issuance of up to 18,750,000 units ("Units") at $0.16 per Unit ("Offering"). Each Unit will be comprised of one common share of the Company and one-half of one share purchase warrant. Each whole share purchase warrant ("Warrant") is exercisable into one common share at a price of $0.30 per share for a period of 24 months following the closing of the Of...
Mundoro Commences Drill Program on Vale Project in Timok Serbia
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2021) - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF) | ) ("Mundoro" or the "Company") is pleased to announce mobilization of drill rigs for drilling at the Skorusa license ("Skorusa"). Skorusa is one of the licenses being sole funded by Vale Canada ("Vale") as part of the Earn-in Agreement announced October 2019. Skorusa is located in the southern portion of the Timok Magmatic Complex ("Timok") directly southwest of Bor mining camp. Timok is one of the most prolific metallogenic domains in the western portion of the Tethyan Belt. ...
Mundoro Announces Operational and Exploration Update with New Target A...
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2020) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) () ("Mundoro" or the "Company") a royalty generator company with a portfolio of projects focused on copper and gold that generate royalties and near-term revenue, is pleased to report its quarterly update for exploration and corporate activity. The Company's quarterly Consolidated Financial Statements and Management's Discussion and Analysis are filed on SEDAR at and posted on the Company's website at .Teo Dechev, CEO and President commented: "Despite an exploration year that ha...
Mundoro Announces New US. Listing on OTCQB Venture Market Under Symbol...
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2020) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) () ("Mundoro" or the "Company"), a royalty generator company with a portfolio of projects focused on copper and gold that generate royalties and near-term revenue, is pleased to announce that its common shares have been approved for trading on the OTCQB Venture Market effective today. Mundoro's U.S. listing will trade under the symbol "MUNMF". Quotes for Mundoro's US symbol are available directly at: The Company's primary Canadian listing will continue to trade on the TSX Ventu...
Mundoro Announces MOU with Vale for Two Additional Exploration License...
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - Mundoro Capital Inc. (TSXV: MUN) () ("Mundoro" or the "Company"), a generator company with a portfolio of projects focused on copper and gold that generate prospective royalties and near-term revenue, announces it has entered into a binding Memorandum of Understanding ("MOU") with Vale Canada Limited ("Vale") as outlined below. Teo Dechev, CEO of Mundoro commented, "Mundoro is pleased to expand its relationship with Vale by signing this binding MOU for the option of two of Mundoro's projects in Timok, Serbia. This broadening...
Mundoro Announces Q2-2020 Exploration and Corporate Report
Vancouver, British Columbia--(Newsfile Corp. - August 24, 2020) - Mundoro Capital Inc. (TSXV: MUN) () ("Mundoro" or the "Company"), is pleased to report its quarterly update for exploration and corporate activity for the three months ending June 30, 2020. The Company has filed its quarterly Consolidated Financial Statements and Management's Discussion and Analysis on SEDAR at and posted on the Company's website at . Highlights for Q2-2020Financial UpdateThe Company ended Q2-2020 with $2,378,168 in cash and cash equivalents. Mundoro has no long-term debt.During the six months ended June 30, ...
Mundoro Reports on Annual General Meeting Results and Options Grant
Vancouver, British Columbia--(Newsfile Corp. - July 3, 2020) - Mundoro Capital Inc. (TSXV: MUN) ) ("Mundoro" or the "Company"), is pleased to announce the voting results of the Annual General Meeting held on June 30, 2020 (the "Meeting"). Shareholders voted as follows on the matters before the meeting:Board MembersShareholders elected the following 4 board members with shareholders represented at the meeting voting in favour of individual directors as follows: Director Nominee Percentage of Votes John Hoey 92.01% Teo Dechev 92.50% Michael Calyniuk 92.01% Nick Hatch 92.50% Appointment of...
Mundoro Announces Q1-2020 Exploration and Corporate Report
Vancouver, British Columbia--(Newsfile Corp. - May 22, 2020) - Mundoro Capital Inc. (TSXV: MUN) () ("Mundoro" or the "Company"), is pleased to report its quarterly update for exploration and corporate activity for the three months ending March 31, 2020. The Company has filed its quarterly Consolidated Financial Statements and Management's Discussion and Analysis on SEDAR at and posted on the Company's website at . Mundoro's Objectives for 2020Commence exploration on the Vale-Mundoro JV Projects in the second half of 2020.Add partner(s) for Mundoro's projects available for optioning.Enter int...
Mundoro Provides Update on Exploration Activity, Corporate Activity an...
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2020) - Mundoro Capital Inc. (TSXV: MUN) () ("Mundoro" or the "Company"), announces filing audited consolidated financial statements and Management's Discussion and Analysis on SEDAR at and posting on the Company's website at All amounts are in Canadian dollars unless otherwise stated. Along with the filing of financial statements, Mundoro provides an update on our exploration activity and corporate activity in response to the COVID-19 pandemic which has created evolving guidelines and rules in the jurisdictions where we operate. COVI...
Mundoro Reports on Q4-2019 Exploration for Serbia and Bulgaria Program...
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2020) - Mundoro Capital Inc. (TSXV: MUN) () ("Mundoro" or the "Company") is pleased to report on exploration activity for the Company's partner funded exploration programs that are ongoing in Serbia and Bulgaria. The Company's unaudited consolidated financial statements and Management's Discussion and Analysis are expected to be filed by the end of April 2020 on SEDAR at and posted on the Company's website at .EXPLORATION ACTIVITY DURING Q4-2019 Mundoro Generative Programs and Outlook for Projects Available for Option or Joint Ventu...
Mundoro Receives Additional Private Placement Proceeds
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2020) - Mundoro Capital Inc. (TSXV: MUN) () ("Mundoro" or the "Company") is pleased to announce that further to its news release issued December 27, 2019 announcing the closing of a private placement for a total of $1,530,968, it has received additional subscriptions for 735,473 units at a price of $0.135 per unit, for an aggregate of $99,288 ("Final Offering"). Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant exercisable to acquire one common share at a price of $0.20 per share, ...
Mundoro Announces Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 27, 2019) - Mundoro Capital Inc. (TSXV: MUN) () ("Mundoro" or the "Company") is pleased to report that it has closed an over-subscribed non-brokered private placement financing raising $1,530,968 by the issuance of 11,340,502 units ("Units") at $0.135 per unit, subject to TSX approval. Each Unit consisted of one common share and one-half of one share purchase warrant. Each whole share purchase warrant ("Warrant") is exercisable into one common share at a price of $0.20 per share for a period of 2 years following the closing of the off...
Mundoro Announces Non-Brokered Private Placement
Not for Distribution to a United States Newswire or for Dissemination in the United StatesVancouver, British Columbia--(Newsfile Corp. - December 4, 2019) - Mundoro Capital Inc. (TSXV: MUN) () ("Mundoro" or the "Company"), intends to undertake a private placement to raise gross proceeds of up to $1,000,000 by the issuance of up to 7,407,407 units ("Units") at $0.135 per Unit ("Offering"). Each Unit comprises of one common share of the Company and one-half of one share purchase warrant. Each whole share purchase warrant ("Warrant") is exercisable into one common share at a price of $0.20 per ...
Mundoro Provides Third Quarter Exploration Programs Update and Financi...
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2019) - Mundoro Capital Inc. (TSXV: MUN) () ("Mundoro" or the "Company") announces filing unaudited consolidated financial statements and Management's Discussion and Analysis on SEDAR at and posting on the Company's website at . All amounts are in Canadian dollars unless otherwise stated.HIGHLIGHTS FROM Q3-2019Financial UpdateEarn-in parties funded exploration costs totaled $0.7 million and operator fees earned totaled $0.07 million. Mundoro funded exploration costs for generative programs totaled $0.2 million.Corporate expenses tota...
Mundoro Announces Earn-in Agreement with Vale for Exploration of Four ...
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2019) - Mundoro Capital Inc. (TSXV: MUN) () ("Mundoro" or the "Company") announces it has entered into an earn-in agreement ("Agreement") with Vale Canada Limited ("Vale"), in which Mundoro has granted to Vale an option to earn-in to four of Mundoro's exploration licenses: Sumrakovac, Osnic, Dubrava and Padina (the "Vale-Mundoro Projects") located within the Timok Magmatic Complex ("Timok") in Serbia. Timok is one of the most prolific metallogenic domains in the Tethyan Belt. Timok hosts the Cukaru-Peki deposit and the producing mines...
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