Mundoro Capital Inc. is pleased to announce that the previously announced 3000 meter drill program at the Company's Borsko Jezero license has been completed with 3990 meters over four drill holes, Figure 1: Plan Map of Drillhole Locations. The core from the four drill holes has been cut and sampled with all assay results expected by mid-December 2017. Borsko is one of the four licenses being sole funded by JOGMEC as part [...]
Mundoro Capital Inc. has settled on adjusted terms for the private placement it announced September 29, 2017. Mundoro will now raise proceeds of approximately $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 two years [...]
Mundoro Capital Inc. is pleased to announce the Company is mobilizing for drilling at the East and West Zone on the Zeleznik license . Zeleznik is one of the four licenses currently being sole funded by our joint venture partner Japan Oil, Gas and Metals National Corporation as part of the JOGMEC-Mundoro joint venture announced in March 2016. Zeleznik is located at the northern end of the Timok Magmatic Complex in [...]
Mundoro Capital Inc. is pleased to announce the Company has been notified by the Ministry of Energy that Bulgaria Alpha EOD, a 100% subsidiary of the Company, has won the tenders for the Svoboda permit and the Pesnopoy permit in Bulgaria. Teo Dechev, CEO and President of Mundoro commented, "We are pleased to have been named the winner of the Svoboda and Pesnopoy tenders. Before exploration can begin on these two projects [...]
Mundoro Capital Inc. is pleased to announce its intention to complete a non-brokered private placement of up to 8,823,529 units at a price of CDN$0.17 per Unit for gross proceeds of up to CDN$1,500,000. Each Unit will consist of one common share in the capital of the Company and one-half of one transferable common share purchase warrant. Each whole Warrant will be exercisable to acquire one Share at an exercise price of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 8, 2017) - Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce the Company is mobilizing for the Phase II drill program at the Borsko Jezero license ("Borsko") where drilling is expected to commence in August. Borsko is one of the four licenses being sole funded by JOGMEC as part of the Amended Earn-in Agreement [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 19, 2017) - Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce drilling results from the Tilva Rosh prospect within the 100% controlled Savinac exploration license in north-eastern Serbia. The Savinac license covers 90 km² and is located in the Timok Magmatic Belt, approximately 20 km southeast of the Bor mining [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 27, 2017) - Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to provide an update on exploration results at the Zeleznik Property ("Zeleznik") which is one of the four subject properties currently being sole funded by the Japan Oil, Gas and Metals National Corporation (JOGMEC) as part of the JOGMEC-Mundoro joint venture [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 14, 2017) - Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro" or the "Company") announces that it has granted options to acquire a total of 1,144,500 common shares of the Company to employees, consultants, officers and directors at the exercise price of $0.17 per share for a period of five years based on the closing price of the Company's shares on the TSX [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 7, 2017) - Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce the results from drilling at the Borsko Jezero license ("Borsko"). Borsko is one of the four licenses part of the JOGMEC-Mundoro option to earn-in agreement announced in August 2016. Borsko is located directly west of the Serbian state-operated producing [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 18, 2017) - Mundoro Capital Inc. (TSX VENTURE:MUN)(www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce the start of the drilling program at the Tilva Rosh gold target on the Company's 100% owned Savinac license ("Savinac"). Savinac is one of the four exploration licenses located in the southern portion of the Timok Magmatic Complex in Serbia that are 100 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 1, 2017) - Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro" or the "Company") provides an update to the drilling program at the Company's Borsko Jezero license ("Borsko") where drilling is ongoing. Borsko is one of the four licenses being sole funded by JOGMEC as part of the JOGMEC-Mundoro option agreement announced in August 2016 ("Timok North Projects [...]
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