Mundoro Capital Inc. , announces filing audited consolidated financial statements and Management's Discussion and Analysis on SEDAR at www.sedar.com and posting on the Company's website at www.mundoro.com. 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 [...]
Mundoro Capital Inc. 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 www.sedar.com and posted on the Company's website at www.mundoro.com. EXPLORATION ACTIVITY DURING [...]
Mundoro Capital Inc. 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 . Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant exercisable to acquire one [...]
Mundoro Capital Inc. 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 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 is exercisable into one common share at a price of $0.20 per share for a period of 2 [...]
Mundoro Capital Inc. 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 at $0.135 per Unit. Each Unit comprises of one common share of the Company and one-half of one share purchase warrant. Each whole share purchase 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 [...]
Mundoro Capital Inc. announces filing unaudited consolidated financial statements and Management's Discussion and Analysis on SEDAR at www.sedar.com and posting on the Company's website at www.mundoro.com. All amounts are in Canadian dollars unless otherwise stated. HIGHLIGHTS FROM Q3-2019 Financial Update Earn-in parties funded exploration costs totaled $0.7 million and operator fees earned totaled $0.07 million. Mundoro [...]
Mundoro Capital Inc. announces it has entered into an earn-in agreement with Vale Canada Limited , in which Mundoro has granted to Vale an option to earn-in to four of Mundoro's exploration licenses: Sumrakovac, Osnic, Dubrava and Padina located within the Timok Magmatic Complex in Serbia. Timok is one of the most prolific metallogenic domains in the Tethyan Belt. Timok hosts the Cukaru-Peki deposit and the producing [...]
Mundoro Capital Inc. , announces filing unaudited consolidated financial statements and Management's Discussion and Analysis on SEDAR at www.sedar.com and posting on the Company's website at www.mundoro.com. All amounts are in Canadian dollars unless otherwise stated. HIGHLIGHTS FOR Q2-2019 Financial Update Partner funded exploration costs totaled $0.4 million and operator fees earned totaled $0.03 million. Mundoro funded [...]
Mundoro Capital Inc. , announces it has filed results for the quarter ending March 31, 2019 . Details of the Company's financial results are contained in the unaudited consolidated financial statements and Management's Discussion and Analysis which are available on the Company's website at www.mundoro.com and on SEDAR at www.sedar.com. Financial results were prepared in accordance with International Financial Reporting [...]
Mundoro Capital Inc. reports that it has been notified by Japan Oil, Gas and Metals National Corporation of its decision to undertake the Stage Two Earn-In on the Borsko-Jezero license under the Earn-In Agreement between Mundoro and JOGMEC. Mundoro is also pleased to provide an update on the exploration activity under the Company's option agreements with earn-in third parties. Under the Earn-In Agreement with JOGMEC [...]
Mundoro Capital Inc. is pleased to announce the completion of the initial target testing drill program at the Savinac and Bacevica exploration licenses in the Timok Magmatic Complex in eastern Serbia. The exploration programs on the Freeport-Mundoro Projects are sole funded by Freeport-McMoRan Exploration Corporation as part of the earn-in agreement with Freeport, in which Mundoro has granted to Freeport an option to [...]
Mundoro Capital Inc. is pleased to announce completion of the third year exploration program with Japan Oil, Gas and Metals National Corporation , on the Borsko Jezero license located within the Timok Magmatic Complex in eastern Serbia. This exploration program is the third year of the Phase I earn-in with JOGMEC, which included primarily: 57.6 line kilometers of Induced Polarization geophysics, a gravity survey over 6 [...]