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 [...]
Mundoro Capital Inc. is pleased to report that it has entered into a Generative Program Agreement in the Republic of Bulgaria with Japan Oil, Gas and Metals National Corporation . The purpose of this Strategic Alliance is to establish a generative program between Mundoro and JOGMEC, whereby Mundoro will carry out mineral exploration activities in Bulgaria under the direction of a joint Technical Committee with the view to [...]
Mundoro Capital Inc. is pleased to provide an update for the two drill programs currently ongoing on the Company's licenses in the Timok Magmatic Complex in eastern Serbia. JOGMEC - Mundoro JV Property Drill Program Borsko is one of the four licenses being sole funded by Japan Oil, Gas and Metals National Corporation as part of the JOGMEC-Mundoro option agreement announced in August 2016 . The Year 3, Phase I drill [...]
Mundoro Capital Inc. is pleased to announce drilling results from the Saje lead-zinc-copper-silver project on the Company's 100% owned Zvezda exploration license . Zvezda is one of two contiguous exploration licenses located in south-eastern Bulgaria in the Rhodopean Region which is part of the Tethyan Metallogenic belt. The Saje Project drill program and related work was sole-funded by a private mining company under an [...]
Mundoro Capital Inc. is pleased to announce two drill rigs have been mobilized to commence a drill program at the Savinac and Bacevica exploration licenses. Freeport-Mundoro Project Location Map The drill program is being sole funded by Freeport-McMoRan Exploration Corporation as part of an earn-in agreement , in which Mundoro has granted Freeport an option to earn-in to Mundoro’s Savinac and Bacevica exploration [...]
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