Mundoro Capital Inc. reports an update on the Company’s exploration activity and filing of its condensed interim consolidated financial statements for the three and six months ended June 30, 2018 and the related management’s discussion and analysis of financial position and results of operations. Location Map of Partnership Licenses in Serbia Update on Exploration Activity In Serbia, drilling is ongoing at the [...]
VANCOUVER, British Columbia, July 30, 2018 -- Mundoro Capital Inc. announces it has entered into an earn-in agreement with Freeport-McMoRan Exploration Corporation , in which Mundoro has granted to Freeport an option to earn-in to Mundoro’s Savinac and Bacevica exploration licenses located within the southern portion of the Timok Magmatic Complex in Serbia. Timok is one of the most prolific metallogenic domains in [...]
VANCOUVER, British Columbia, July 05, 2018 -- Mundoro Capital Inc. is pleased to announce mobilization for drilling at the Borsko Jezero license . Borsko is one of the four licenses being sole funded by Japan Oil, Gas and Metals National Corporation as part of the Amended Earn-in Agreement announced August 2016. Borsko is located in the central portion of the Timok Magmatic Complex directly west of Bor copper-gold system [...]
VANCOUVER, British Columbia, June 28, 2018 -- Mundoro Capital Inc. is pleased to announce mobilization for drilling at the Saje Lead-Zinc Project on the Company's Zvezda 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 Lead-Zinc Project is optioned to an arm’s length third party private [...]
VANCOUVER, B.C., May 25, 2018 -- Mundoro Capital Inc. , is pleased to announce the voting results of the Annual General Meeting held on May 23, 2018 . Shareholders voted as follows on the matters before the meeting: Board Members Shareholders 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 [...]
VANCOUVER, British Columbia, May 09, 2018 -- Mundoro Capital Inc. is pleased to report that it has entered into an Option Agreement with an arm’s length third party private company to which it has granted an option on one of Mundoro’s exploration projects, the Saje Lead-Zinc Project located within the Zvezda license in southeastern Bulgaria. CEO & President, Teo Dechev commented: "We are delighted to have [...]
VANCOUVER, British Columbia, April 16, 2018 -- Mundoro Capital Inc. is pleased to provide the exploration work program for 2018 in Serbia for the four licenses being sole funded under the Option Agreement between Mundoro and Japan Oil, Gas and Metals National Corporation at the Timok mining camp in eastern Serbia . Location Map JOGMEC optioned Licenses Target Map for Borsko Target Map for Zeleznik Target Map for Padina [...]
VANCOUVER, British Columbia, Feb. 28, 2018 -- Mundoro Capital Inc. is pleased to announce drilling results from the East and West Zone on the Zeleznik exploration license in north-eastern Serbia. Zeleznik is one of the four licenses being sole funded under the Agreement between Mundoro and Japan Oil, Gas and Metals National Corporation announced March 7, 2016. Zeleznik is located directly north of the Serbian state-owned [...]
VANCOUVER, British Columbia, Jan. 19, 2018 -- Mundoro Capital Inc. is pleased to announce that the drill program at the East and West Zone on the Zeleznik license has been completed with 4200 meters of diamond drilling over sixteen completed drill holes. The drill core has been cut and sampled with all assay results expected by end-February 2018. Location Map East Zone Drill Hole Location Map West Zone Drill Hole Location [...]
Mundoro Capital Inc. , has now closed the second tranche of its non-brokered private placement, raising an additional for $1,004,940 through the issuance of 7,444,000 units at a price of $0.135 per unit. Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant exercisable to acquire a common share at a price of $0.20 for a term of three years. The terms of this second [...]
Editors Note: There are three photos associated with this press release. Mundoro Capital Inc. announces that it has received laboratory results for the four diamond drill holes at the Company's Borsko Jezero license for 3990 meters, Figure 1: Plan Map of Drillhole Locations. HIGHLIGHTS Drill holes 17-BJ-11 and 17-BJ-12 confirmed the extension of the advanced argillic alteration 250 m to the northeast and 100 m to the [...]
Mundoro Capital Inc. , has now closed a private placement for $1,317,589 through the issue of 9,759,917 units at a price of $0.135 per unit. Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant exercisable to acquire a common share at a price of $0.20 for a term of three years. Mundoro has agreed to pay cash finder's fees of $79,538 with respect to the private placement [...]
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