Mundoro Capital Inc. is pleased to report results from its operations in the first six months ending June 30, 2024 . Financial Highlights Strong Cash Position: As of June 30, 2024, the Company held $4,372,473 in cash and cash equivalents and no long-term debt. The Company has sufficient working capital to fund its operations for the next 12 months. Fees Earned: In H1-2024, the Company generated $918,080 in Fees and [...]
Mundoro Capital Inc. has filed its quarterly Consolidated Financial Statements and Management's Discussion and Analysis on SEDAR at www.sedar.com and posted on the Company's website at www.mundoro.com. Follow our weekly updates from the field on: LinkedIn and X. Q1-2024 Financial Highlights Strong Cash Position: As of March 31, 2024, the Company held cash and cash equivalents totaling $3,610,283 and no long-term debt [...]
Mundoro Capital Inc. announces the operating and financial results for the quarter and year ended December 31, 2023. The audited Financial Statements , and Management's Discussion and Analysis for 2023 are filed on SEDAR+, and are available on Mundoro's website at www.mundoro.com under the heading "Investors." Teo Dechev, CEO and President commented: "In 2023, the portfolio of partner funded programs had ~13,900 meters of [...]
Mundoro Capital Inc. is pleased to announce results from the inaugural drilling at the Dos Cabezas Project , in Cochise County, Arizona. As of April 12, 2024, Mundoro holds 100% of the Project. Teo Dechev, CEO and President commented "Mundoro is pleased with the initial drilling results from the Dos Cabezas Project. The first phase of drilling tested four target areas, with scout drill holes in each target. In two of the [...]
Mundoro Capital Inc. is pleased to announce that 2023 marked a year of significant transition and advancement for the Company. Throughout the year, we successfully managed extensive field programs for four partners across ten projects in three countries and two continents. The Company's partner-funded programs amounted to substantial exploration expenditures of approximately $14 million, advancing numerous targets over [...]
Mundoro Capital Inc. is pleased to provide an update on the Company's activities in the exploration portfolio in Q4-2023 and highlights from the portfolio in 2023. 2023 Portfolio Highlights Nine active projects currently under option and one partner-funded generative alliance. Expanded our group of partners to four major mining companies. Partner funded, Mundoro operated, nine prospects drill tested, totaling 13,325 [...]
Mundoro Capital Inc. is pleased to announce that it has submitted to the TSX Venture of its Notice of Intention to make a Normal Course Issuer Bid . In the opinion of the Company, its common shares have been trading at prices that do not reflect the underlying value of the Company, including its strong financial position and positive Cash from Operations as reported in the Q3-2023 Financial Statements, 10 active programs [...]
Mundoro Capital Inc. is pleased to report profitable financial results from its operations in the first nine months ending September 30, 2023 . Teo Dechev, CEO and President commented: "The Company is pleased to report a profitable period for the nine-months ended September 30, 2023, where Cash Flow from Operations increased to $1,315,362, which is 428% increase over the same period ended September 30, 2022. The [...]
Mundoro Capital Inc. is pleased to announce commencement of a drill program at the Dos Cabezas Project , Cochise County, Arizona. The Dos Cabezas Project is optioned to Vale Base Metals to earn-in to the Project. The Q4-2023 drill program is planned to test three target areas with 3 diamond drill holes for a total of 2,200 meters. These drill holes represent a rare opportunity in Arizona of untested porphyry copper [...]
Mundoro Capital Inc. is pleased to report profitable financial results from its operations in the first six months ending June 30, 2023 . Teo Dechev, CEO and President commented: "The Company has delivered a profitable first half of 2023 as a result of the generative business strategy which continues to operate 10 exploration programs, generating new exploration opportunities for partnering while maintaining low corporate [...]
Mundoro Capital Inc. has filed its quarterly Consolidated Financial Statements and Management's Discussion and Analysis on SEDAR at www.sedar.com and posted on the Company's website at www.mundoro.com. Teo Dechev, CEO commented: "Mundoro has built a diversified, copper focused, exploration portfolio generating payments to the Company which exceed the corporate expenses resulting in positive cash flow. Mundoro grew the [...]
Mundoro Capital Inc. "), is pleased to report the addition of a new project area, Picacho Project in Pinal County, Arizona, consisting of a combination of Mineral Exploration Permits from the Arizona State Land Department and claims from the Bureau of Land Management . The Picacho Project has been established as a result of the Strategic Alliance between Mundoro and Vale Canada Limited . Picacho Property Highlights The [...]