NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. November 12, 2025 - Vancouver, BC - Mundoro Capital Inc. ( TSXV: MUN  | www.mundoro.com ) (“ Mundoro ” or the “ Company ”) announces that further to its news release dated October 24, 2025, announcing a private placement to raise aggregate proceeds of C$1,500,000 (the “ Financing ”), the Company has received a surplus of subscriptions for a total of 5,836,540 Common Shares (“ Common   Shares ”) at a price of C$0.26 per Common Share to raise aggregate gross proceeds of C$1,517,500. Principal shareholders, directors and officers of the Company (collectively, the “ Insiders ”) subscribed for approximately C$665,500.00 worth of Common Shares in the Financing. This participation by Insiders constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Shareholders in Special Transactions  (“ MI 61-101 ”). This transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities to be distributed nor the consideration to be received for the securities issued to such related party under the Offering will exceed 25% of the Company's market capitalization. The Common Shares are subject to a four-month hold period, expiring March 13, 2026. No finders’ fees have been paid in connection with this Financing.  The net proceeds of the Financing will be used by the Company to expand the generative program in the Western United States, specifically targeting copper opportunities, and for general working capital.  This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended (“ U.S. Securities Act ”), or any state or other applicable jurisdiction's securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state or other jurisdictions’ securities laws.  About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals. To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners. The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. For more information, please visit   www.mundoro.com . Follow our ongoing updates via:   LinkedIn  and  X For further information about Mundoro, please contact: Teo Dechev, Chief Executive Officer, President and DirectorChristian Elferink, Investor Relations Manager+1-604-669-8055 info@mundoro.com    Caution Concerning Forward-Looking Statements This news release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe” or “continue”  or similar words or the negative thereof, and include the use of proceeds from the Offering.. The material assumptions that were applied in making the forward looking statements in this news release include expectations as to mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this news release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risk of general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and the Company undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on SEDAR+ at www.sedarplus.ca . Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. October 24, 2025 - Vancouver, BC - Mundoro Capital Inc. ( TSXV: MUN  | www.mundoro.com ) (“ Mundoro ” or the “ Company ”) announces its intention to conduct a non-brokered private placement through the issuance of up to 5,769,231 common shares of the Company (“ Common Shares ”) at a price of C$0.26 per Common Share for aggregate gross proceeds of up to C$1,500,000 (the “ Offering ”). Strategic lead orders from existing shareholders demonstrate strong confidence in the Company’s business model. The net proceeds of the Offering will be used by the Company to expand the generative program in the Western United States, specifically targeting copper opportunities, and as general working capital.  The Common Shares issued pursuant to the Offering will be subject to a four-month hold period and will be subject to U.S. resale restrictions under U.S. securities laws. Finders’ fees may be payable on a portion of the Offering. The Offering is expected to close on or about October 31, 2025 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange. Insiders of the Company may acquire securities under the Offering, which will be considered a “related party transaction” as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions  (“ MI 61-101 ”). Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the subject matter, nor the fair market value of the consideration for the transaction, insofar as it involves insiders of the Company is expected to exceed 25% of the Company’s market capitalization. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended (“ U.S. Securities Act ”), or any state or other applicable jurisdiction's securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state or other jurisdictions’ securities laws.  About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals. To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners. The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. For more information, please visit   www.mundoro.com . Follow our ongoing updates via:   LinkedIn  and  X For further information about Mundoro, please contact: Teo Dechev, Chief Executive Officer, President and Director Christian Elferink, Investor Relations Manager +1-604-669-8055 info@mundoro.com    Caution Concerning Forward-Looking Statements This news release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe” or “continue”  or similar words or the negative thereof, and include the following: the timing and structure of the Offering, the use of proceeds from the Offering, the payment of any finders’ fees in respect of the Offering, that participation of insiders of the Company in the Offering, completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this news release include expectations as to the ability of the Company to satisfy the closing conditions of the Offering, the receipt of all applicable regulatory approvals in respect of the Offering, including the approval of the TSX Venture Exchange, mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this news release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risk that the Company will not be able to satisfy the conditions to closing the Offering as contemplated or at all, general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and the Company undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on SEDAR+ at www.sedarplus.ca . Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Vancouver, British Columbia--(Newsfile Corp. - October 13, 2025) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) ( www.mundoro.com ) (" Mundoro " or the " Company ") announces it has entered into a definitive option agreement (" Agreement ") with a wholly owned subsidiary of BHP Group Limited (" BHP "), in which Mundoro has granted to BHP an option to earn-in to seven (7) of Mundoro’s exploration licenses (the " BHP-Mundoro Central Timok Project " or the " Project ") located within the Timok Magmatic Complex (" Timok ") in Serbia.  Highlights: BHP can earn 100% ownership over 10 years by funding US$ 35,000,000 (C$ 48,877,500 1 ) in exploration expenditures . Mundoro retains a 2% NSR royalty upon exercise. BHP commits to escalating annual option payments, starting at US$ 323,000 (C$ 451,070 1 ) . Mundoro will operate the project and earn annual operator fees. Teo Dechev, CEO of Mundoro commented:  “We are pleased to announce the expansion of our strategic partnership with BHP, a world leader in the resources industry. This deepened collaboration focuses on exploring a package of additional exploration licenses in the highly prospective Timok region of eastern Serbia for copper porphyry systems. This expanded relationship combines Mundoro's decade of local and operational expertise in the Timok region, with BHP's global geoscience team, and specialization in porphyry exploration. This collaboration leverages the respective strengths of each company to systematically explore this prospective mineral district. Working together under a unified exploration methodology, both teams are committed to intensifying exploration efforts. This integrated approach, which draws upon Mundoro’s deep understanding of local geological conditions and BHP’s cutting-edge global exploration methodologies, is designed to enhance targeting capabilities and significantly increase the likelihood of new discoveries within the Timok region. We believe this expanded partnership will drive value for both companies and has the potential to contribute to the economic development of eastern Serbia.” Agreement Terms Pursuant to the Agreement, Mundoro has granted to BHP an option to earn, over 10 years (the " Option Period "), a 100% interest in the BHP-Mundoro Central Timok Project.  To exercise the option, BHP must: Fund cumulative exploration expenditures  up to US$ 35,000,000 (C$ 48,877,500 1 ) by set milestones: Anniversary Cumulative Exploration Expenditures  2nd US$ 2,500,000 4th US$ 7,000,000 6th US$ 14,500,000 8th US$ 27,000,000 10th US$ 35,000,000 Make annual option payments  starting at US$ 323,000 (C$ 451,070 1 ), increasing by 2% per year. Make milestone payments of US$ 2,000,000 (C$ 2,793,000 1 ) each when certain resource estimates are declared, up to  a total of US$ 10,000,000  (C$ 13,965,000 1 ), or US$ 10,000,000  (C$ 13,965,000 1 ) upon exercise of the option if no resource is declared. Additional Terms: Operating Fees :  Mundoro is the initial operator, responsible for overall operations related to the Project and will receive   operating fees. If BHP has funded at least US$ 20,000,000 in exploration expenditures, or if at least 40,000 meters of cumulative drilling has been completed, BHP may elect to replace Mundoro as operator. Advanced Royalty Payments: Upon exercise of the option, BHP will begin making annual advanced royalty payments to Mundoro. The value of these advanced royalty payments will be equal to the dollar amount of the last option payment made under the Agreement prior to the exercise of the option, and such advanced royalty payments will increase by 2% per year . Royalty : Upon exercise of the option, Mundoro will retain a 2% Net Smelter Return Royalty   ( " Royalty " ).  Subject to the terms of the royalty agreement in respect of the Royalty, BHP will have the right to purchase 50% of the Royalty before production commencement.  The buy-back price will be based on a certain tonnage of copper multiplied by the one year average copper price on the London Metal Exchange.  The aggregated sum of the exploration expenditures, the milestone payments and the option payments, to exercise the option, is approximately US$ 48,536,759 (C$ 67,781,511 1 ) if BHP completes the earn-in over the Option Period.   Property Overview The BHP-Mundoro Central Timok Project comprises approximately 418 square kilometers (km²) of ground and is located within the Timok Magmatic Complex in Serbia (see Figure 1). Timok is one of the most prolific metallogenic domains in the Tethyan Belt, hosting several significant deposits and major producing mines, including: the Cukaru-Peki Deposit the Malka Golaja Copper-Gold Deposit the Timok Project the Čoka Rakita Project the Bor copper porphyry underground mine, the Majdanpek copper-gold porphyry open-pit mine and the Veliki Krivelj copper-gold porphyry open-pit mine. Figure 1: Regional map highlighting Central Timok   A total of C$ 15.4 million has been spent on the Project by Mundoro and previous partners. Extensive work has been completed across the licenses in the Project area, including comprehensive geophysical surveys (AMT, IP, and Ground Magnetics), systematic geochemical surveys (stream sampling, soil sampling, rock sampling, and trenching), and targeted diamond drilling campaigns. The Project contains numerous targets, with the most advanced being: the Skorusa Porphyry System, a defined 2 km x 3 km copper-gold porphyry system where drilling confirmed mineralization with an intercept of 201.2 meters at 0.11% Cu and 0.11 g/t Au; and  the Tilva Rosh Prospect, which features a large 16 km² lithocap structure with a high-grade epithermal target at Tilva Rosh South where trenching returned 12 meters at 30.39 g/t Au and 171.27 g/t Ag.  Additional prospective targets include Markov Kamen , Orlovo , D-vein, Prekostenski , Zlot 1-3,  Bukova, Tilva Mare , Glavica, Bacevica North, Gorunov, Oblez SE  and Branik (see Figure 2). The targets exhibit geological features, mineralization styles, and alteration patterns characteristic of porphyry and related high-sulphidation epithermal systems exhibited elsewhere in the region. Figure 2: Location Map of target areas in the BHP-Mundoro Central Timok Project Qualified Persons The scientific and technical information contained in this news release was reviewed and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and Chief Geologist to the Company. About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals. To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners.  The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. For more information, please visit   www.mundoro.com . Follow our regular updates on:   LinkedIn  and  X For further information about Mundoro, please contact: Teo Dechev, Chief Executive Officer, President and Director Christian Elferink, Investor Relations Manager +1-604-669-8055 info@mundoro.com    Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: the anticipated synergies and benefits of the Agreement, completion of the cumulative exploration expenditures, annual option payments, milestone payments, payment of operating fees and the advanced royalty payments upon exercise of the option by BHP  and the exercise of the option by BHP. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks that the anticipated synergies and benefits of the Agreement will not be realized as anticipated or at all, risks that BHP will not complete the cumulative exploration expenditures, annual option payments, milestone payments, payment of operating fees and the advanced royalty payments upon exercise of the option at contemplated or at all,  general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on   www.sedarplus.ca . Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 1 Based on mid-market exchange rate $1 USD = 1.397 CAD

August 29, 2025 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF |   www.mundoro.com )  (" Mundoro " or the " Company ") is pleased to provide an update on its exploration activities across its portfolio of projects, including in partnerships with BHP Billiton (UK) DDS Limited (“ BHP ”) and Japan Organization for Metals and Energy Security (“ JOGMEC ”), and the filing of its the unaudited condensed interim consolidated Financial Statements and Management’s Discussion and Analysis (MD&A) for the three-month and six-month periods ended June 30, 2025, and 2024, on SEDAR.  Q2-2025 Highlights and H2-2025 Outlook Partnered Programs with BHP in Serbia:   Drill testing was completed in July at a new target in the Borsko Project . A priority for H2-2025 is the execution of a drill program at the Trstenik Project , pending final permits. Advancement of Discussions for the Company’s Portfolio in Timok:  The Company entered into a Letter of Intent (LOI)  with a third party for an exclusivity period through September 2025 related to seven of the Company's 100%-owned exploration licenses in Timok region of Serbia. Advancement of USA Portfolio: Executed a property agreement  at the Copperopolis Project  in Arizona and completed a geochemical program with results expected in Q3-2025. The partner-seeking process continues for the drill-ready Dos Cabezas Project . BHP-Mundoro Projects, Serbia Exploration continued across the five licenses that are part of the earn-in agreement with BHP. Borsko Project Q2-2025 Exploration Activities: Geophysics:  A 3D inversion model from the ground Audio-Magnetotelluric (AMT) survey was received. Geochemistry:  Green Rock analysis was completed at the end of the quarter. Drilling:  Drill testing was initiated near the end of the quarter at a new target area in the northwest portion of the license.  H2-2025 Exploration Plans: Drilling & Analysis: The drill program at the northwest target was completed in July, and will be followed by analysis of the results. Data Integration:  The ground AMT geophysical model will be integrated and analyzed in Q3-2025 to refine drill targets. Resampling of approximately 63% of historical drillhole pulps will be undertaken to consolidate geochemical data. Geochronology:  A molybdenite sample will be analyzed to estimate the timing of mineralization. Trstenik and Crvena Zemlja Projects Q2-2025 Exploration Activities: Field Work:  Mapping was conducted in the central target area, focusing on areas with elevated magnetic geophysical data. Modeling:  Analysis of geophysical, geochemical, and spectral drilling data was performed to outline an optimal drilling target for a future campaign in the southern targets area. H2-2025 Exploration Plans: Drilling:  Execution of the drill program in the north-central target area is a key priority for H2-2025, pending the receipt of the final permits. Modeling & Geochronology: 3D modeling of the southern targets is planned for 2025 to enhance understanding of the mineralized system. Molybdenite samples will be analyzed to determine the age of mineralization. Southern Timok Properties (Vitanovac, Ponor, Lipovica, Orlovac) Q2-2025 Exploration Activities: Geological Interpretations: Geological cross-sections were built across all four license areas to compare with available geophysical information. Lipovica:  A ground AMT infill survey was completed, and reconnaissance field mapping is ongoing. Orlovac:  A ground gravity survey was completed, with reconnaissance field mapping ongoing. H2-2025 Exploration Plans: Modeling:  A comprehensive interpretation and modeling of all geophysical surveys for each of the four properties is scheduled for completion in H2-2025 to generate refined exploration targets. Geochronology:  Age-dating of zircon and andesite samples will be conducted for the Vitanovac, Ponor, and Orlovac properties. JOGMEC-Mundoro EE1 Copper Project, Bulgaria Q2-2025 Project Update: Permitting Delay:  In Q2-2025, a higher court in Bulgaria granted an appeal filed by an objecting party against the positive Appropriate Assessment decision for the project's drill program. The case has been sent back to a lower court for further review, which will extend the permitting process and delay the planned drill program. H2-2025 Exploration Plans: Drilling:  The planned drilling program, designed to test high-priority sediment-hosted copper targets, remains contingent on the final resolution of the permitting process and receipt of all government approvals. Mundoro Projects – Available for Joint Venture Mundoro continues to advance its 100%-owned projects and engage in discussions with potential partners. Serbian Portfolio Q2-2025 Corporate Update: In May 2025, the Company entered into a Letter of Intent  with a third party, granting an exclusivity period through September 2025. The Company is conducting due diligence with the goal of completing a definitive agreement for seven of its exploration licenses in the Timok Magmatic Complex. USA Portfolio (Arizona) Dos Cabezas Project: H2-2025 Exploration Plans: Partnering:  The Company is actively seeking a partner, with multiple confidentiality agreements executed and a data room open for third-party review. Field Work:  Infill mapping and sampling are planned for H2-2025 at the Elma target area. Modeling:  The technical team is refining the geological model using data from the Phase 1 drilling to identify vectors toward the inferred porphyry center at the Mescal Canyon–Mineral Park target area. Picacho Project: Q2-2025 Exploration Activities: Geochronology:  Age-dating results for key igneous units were received, with one age being consistent with previous work in the district. [1]   The project remains available for partnership. Copperopolis Project: Q2-2025 Exploration Activities: Corporate:  The Company executed a Property Agreement with a third party, establishing participating interests of 73.09% for Mundoro and 26.91% for the partner. Mundoro is the operator and is responsible for seeking a new funding partner. Geochronology:  Results from U-Pb zircon age-dating were received and are consistent with ages from nearby operating porphyry copper mines. [2]   Geochemistry:  A Bulk Leach Extractable Gold (BLEG) geochemical sampling program was completed. H2-2025 Exploration Plans: Results from the BLEG survey and other geochemical samples are expected in Q3-2025. Financial Highlights For complete details of the Company’s financial results, please refer to the unaudited condensed interim consolidated financial statements and MD&A for the three-month and six-month periods ended June 30, 2025, and 2024. The Company’s filings are available on SEDAR at www.sedar.com and on Mundoro’s website at   www.mundoro.com .  All amounts are expressed in Canadian dollars unless otherwise indicated. Cash Position:  As of June 30, 2025, the Company held $4.1 million  in cash and cash equivalents. F ees Earned:  During the six months ended June 30, 2025, the Company’s fee income, which includes operator fees, option payments, interest, and miscellaneous income, totaled $860,890 compared to $918,080 for the six months ended June 30, 2024. The decrease of approximately 6% was primarily due to lower management fees received resulting from fewer partner-funded programs. Exploration Expenditures:  The exploration expenditures, the majority of which are funded by partners, were lower for the six months ended June 30, 2025 at $3,175,919  compared to $4,343,032 for the six months ended June 30, 2024, primarily due to a decrease in the number of partner-funded exploration work programs.  Recoveries from option partners during the six months ended June 30, 2025 and 2024 amounted to $2,629,536  and $3,687,765, resulting in net exploration costs of $546,383  for the period in 2025 and $655,267 for the same period in 2024. Corporate Expenditures:  During the six months ended June 30, 2025, the Company recorded overall corporate expenses of $664,295  compared to $579,141 for the six months ended June 30, 2024, an increase of approximately 15%. The increase was primarily driven by higher corporate governance costs from an ongoing internal subsidiaries reorganization. Net Loss:  For the six months ended June 30, 2025, the Company recorded a net loss of $539,925  ($0.01 per share), compared to a net loss of $286,337 ($0.00 per share) for the six months ended June 30, 2024, representing an increased loss of $253,588.   Grant under Equity Incentive Plan   The Board of Directors has approved the grant of 200,000 stock options under the Company's Equity Incentive Plan. This grant is to an independent director of the Company. The stock options carry an exercise price of C$0.23 per common share, reflecting the closing price on the TSX Venture Exchange on August 28, 2025. The Stock options are exercisable for a period of five years from the date of grant and shall vest one third after one year from the grant date, one third after two years from the grant date and one third after three years from the grant date.   Qualified Persons The scientific and technical information described in this MD&A have been prepared in accordance with National Instrument 43-101. The scientific and technical information for Serbia, Bulgaria and the USA exploration programs was reviewed and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and Chief Geologist to the Company and T. Dechev, P.Eng, APEGBC, a Qualified Person as defined by NI 43-101 and Chief Executive Officer to the Company. About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners.  The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. Follow our weekly updates on:   LinkedIn  and  X For further information about Mundoro, please contact: Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055.  You can also visit Mundoro’s website   www.mundoro.com . Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on   www.sedar.com . Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

July 15, 2025, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF |   www.mundoro.com ) (" Mundoro " or the " Company ") , a royalty generator with a portfolio of exploration properties focused primarily on copper, is pleased to announce the voting results of its Annual General Meeting of shareholders held on July 14, 2025 (the “ Meeting ”). The Company's shareholders voted in favor of all matters brought before the meeting.  A summary of the voting results is shown below: Motion % For Set up number of directors at 5 99.97% Teo Dechev 99.97% Michael Calyniuk 99.97% Siegfried Weidner 99.97% Mark Platt 100% Stephen Altmann 100% Appointment of Auditors 99.97% Equity Incentive Plan 99.91% Shareholders approved the re-appointment of PricewaterhouseCoopers LLP as auditors of the Company for the ensuing year at the remuneration to be fixed by the Board of Directors (the “ Board ”). Board Changes Mundoro is pleased to announce the election of Mr. Siegfried Weidner, B.Sc ., P.Geo., as a Director of the Company. Mr. Weidner's appointment is effective as of July 14, 2025.  Mr. Weidner is a Professional Geologist registered in British Columbia with over 35 years of international experience in mineral exploration. A significant portion of his distinguished career includes 18 years with Rio Algom Ltd./Billiton/BHP Billiton, culminating in his role as BHP-Billiton Exploration's Manager of Operations for North America and Europe.  He is widely recognized for his proven track record of discoveries, successful project evaluations, and effective project execution, guiding initiatives from greenfield exploration through to advanced stages. Notably, Mr. Weidner was the recipient of several industry accolades, including Prospector of the Year (New Brunswick PDAC branch in 1993). Furthermore, he was a key part of the team that received the International Bill Dennis (PDAC) Prospector of the Year award in 1998 for the discovery of the Spence Porphyry Copper Deposit in Chile.  His deep expertise will be instrumental in the Board's oversight of Mundoro's strategic exploration efforts and project advancements. "We are delighted to welcome Siegfried Weidner to Mundoro's Board," stated Ms. Teo Dechev, CEO of Mundoro Capital. "His extensive experience as a professional geologist and his proven track record of significant discoveries and project advancements will be an invaluable asset. Siegfried's addition significantly strengthens our technical expertise and strategic oversight at the board level as we continue to advance our exploration portfolio and pursue new opportunities." Mr. Nick Hatch has retired from the Company’s Board of Directors, effective at the close of the Company's recent Annual General Meeting. Mr. Hatch's retirement follows 5 years of dedicated service to the Board of Mundoro. "On behalf of the entire Board, we extend our sincere gratitude to Nick Hatch for his contributions and unwavering support as an independent director," stated Ms. Teo Dechev, Chief Executive Officer of Mundoro Capital. "We wish him all the very best in his future endeavors." About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners.  The portfolio of mineral properties is currently focused predominantly on copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. For further information about Mundoro, please contact Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055, or Shamil Devji, Investor Relations Manager at +1-604-669-8055.  You can also visit Mundoro’s website   www.mundoro.com .   Caution Concerning Forward-Looking Statements   This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on   www.sedar.com .   Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Vancouver, BC – June 23, 2025  – Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF |   www.mundoro.com ) ("Mundoro" or the "Company") is pleased to announce the commencement of its summer drill program at the Borsko Project , part of the BHP-Mundoro option earn-in agreement in the Central Timok Magmatic Complex (" TMC ") in Serbia. The Borsko Project, covering approximately 40 sq. km, is strategically situated directly west of the established Bor Mine  and lies along a  parallel structural corridor within the highly prospective TMC. To date, exploration has identified several key targets. Notably, Target 1  (see Figure 1) is an undercover, well-preserved alteration lithocap, extending approximately 1.6 km by 1 km. This intact lithocap, representing the upper portion of a preserved hydrothermal system with classic alteration zonation indicative of a nearby porphyry, was initially identified through geophysical techniques and drill testing. Building on the understanding gained from Target 1, the exploration team has since identified a similar geophysical anomaly in the northwest portion of the license ( Borsko NW Target  in Figure 1). The new Borsko NW Target will be the focus of an initial 1,000-meter drill hole.  The drill rig was mobilized in June with drilling anticipated to conclude in Q3-2025 .  The program is solely funded by BHP as part of the approved work program and operated by Mundoro’s operations team. The Timok region in eastern Serbia is a well known mining district with over a century of mining operations, with approximately 4 billion tonnes in porphyry systems across five known mines. The Timok Magmatic Complex is host to some of the largest copper-gold porphyry deposits in the western Tethyan Belt, including Cukaru-Peki (high sulphidation epithermal copper-gold and porphyry copper), the Bor Mining Complex (copper-gold porphyry), Veliki Krivelj and Majdanpek (both copper-gold porphyry open-pit mines), and the recently re-opened Cerovo porphyry copper-gold open-pit mine. The Company believes Borsko's strategic location within the prolific TMC positions it favorably for discovery. Figure 1 – Location Map of Borsko in Timok Region, Serbia. Qualified Persons   The scientific and technical information described in this Press Release has been prepared in accordance with National Instrument 43-101. The scientific and technical information for this press release  has been reviewed and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and Chief Geologist to the Company.   About Mundoro Capital Inc.   Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners.  The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA.   For further information about Mundoro, please contact Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055, or Shamil Devji, Investor Relations Manager at +1-604-669-8055.  You can also visit Mundoro’s website   www.mundoro.com .   Caution Concerning Forward-Looking Statements   This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on   www.sedar.com .   Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

May 30, 2025 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com ) (" Mundoro " or the " Company ") announces the operating and financial results for the quarter ended March 31, 2025.  The Financial Statements and Management’s Discussion and Analysis (MD&A) for Q1-2025 are filed on SEDAR+, and are available on Mundoro’s website  under the heading Investors . All amounts are expressed in Canadian dollars unless otherwise indicated. Q1-2025 Financial Summary ●        Cash Position:  As of March 31, 2025, the Company held $5.2 million in cash and cash equivalents and no long-term debt. The working capital for the company is $1.9 million.  ●      Fees Earned: The Company’s fee income, which includes interest, operator fees, option payments, and miscellaneous income, decreased to an aggregate of $740,392 in Q1-2025 compared to $790,957 in Q1-2024, primarily due to a reduction in management fees received resulting from fewer partner-funded programs. ●      Exploration and Project Evaluation Expenditures: The exploration expenditures, the majority of which are sole-funded by partners, were lower at $1,759,690 in Q1-2025 compared to $2,637,541 in Q1-2024 primarily due to a decrease in the number of partner-funded budgeted exploration work programs. Recoveries from option partners in Q1-2025 were $1,451,815 compared to $2,584,073 in Q1-2024, resulting in net exploration costs of $307,875 in Q1-2025 and $53,468 in Q1-2024. ●      Corporate Expenses: Corporate expenses in Q1-2025 were $296,732 compared to $267,522 in Q1-2024, representing an increase of $29,210 or approximately 9%. The change primarily reflects timing differences related to the accrual of 2025 audit fees. ●      Net Income:  For the quarter ended March 31, 2025, the Company recorded a net income of $451 ($0.00 per share), compared to a net income of $436,265 ($0.00 per share) for the quarter ended March 31, 2024.   Q1-2025 Exploration Summary and Exploration Plans   BHP-Mundoro Projects, Serbia   Borsko ●      Passive Seismic and Ground AMT Survey Completed: Fieldwork for a passive seismic survey was completed. The final report and subsequent 3D inversion model were received in Q1-2025. This geophysical technique provides an additional layer of subsurface data for target refinement. Additionally, a ground AMT survey was completed. The 3D inversion model from BHP is expected to be completed in Q2-2025. ●      Green Rock Analysis: Fifty samples were selected for Green Rock analysis. This analysis will provide additional geochemical data for refining targeting. The geochemical results from the study were received in Q2-2025 with additional targeting in mid 2025. ●      Optimizing Drill Locations for Porphyry Source Testing: The exploration team analyzed all available data to determine optimal drill locations, identifying a new target area in the NW part of the license. ●      Exploration Plans: Drill Program Planning ○      Drill Program Planning: Exploration plans for Q2-2025 prioritize preparation for commencing drilling at NW target area, as well as additional targeting and comprehensive planning for future drilling. ○      New Targeting: Additional targeting initiatives are also planned for completion in H2-2025. Trstenik ●      Central Target Area Mapping: Mapping in the central target area was completed, focusing on new road cuts, intrusive outcrops and delineation by the geophysical models anomalies. This mapping enhanced geological understanding by documenting exposed alteration and mineralization, quartz veining systems, and structural controls on potential mineralization at depth, as well as connecting the geophysical anomalies to geological objects. ●      Structural Analysis and Data Interpretation:  Structural analysis and comprehensive data interpretation took place in Q1-2025. This integrated analysis will guide further exploration planning and target refinement for the remainder of 2025. ●      Exploration Plans: Drill Program Planning ○      North-Central Target Area Drill Program:  The delay in receiving forestry permit approval, for the north-central target area drill program, has delayed the start of the drill program from Q4-2024 to 2025.  Although the forestry permit approval is understood to be in the final stages, final timing for approval is unknown.  Upon approval of the required forestry permits related to drilling, execution of the drill program in the north-central target area is a key priority for H1-2025, representing a step forward in the project’s exploration. South Timok ●      During Q1-2025, structural interpretations were completed across the Vitanovac, Ponor, Lipovica, and Orlovac license areas. This work aimed to integrate geophysical data to define key structural features potentially linked to mineralization. Concurrently, additional geophysical fieldwork advanced, with ground Audio-Magnetotelluric (AMT) infill surveys completed at Lipovica and Orlovac, and a ground gravity survey commenced at Orlovac to help identify potential targets in covered terrains.   Mundoro Owned Projects, Serbia   Serbia : Mundoro holds approximately 419 sq km of exploration licenses in Serbia, primarily within the prolific Timok Magmatic Complex (TMC), known for significant copper-gold deposits like Bor, Majdanpek, and Cukaru Peki. The area benefits from established infrastructure.  In Q1-2025, the Company’ primary objective was to advance the targeting work to clearly demonstrate the value of these licenses to third-party mining companies. The Company is progressing discussions with third party mining companies in order to potentially option this package of licenses.   JOGMEC-Mundoro Project, Bulgaria   The JOGMEC-Mundoro EE1 copper project in Bulgaria is prospective for sediment-hosted stratiform copper. JOGMEC completed Stage One earn-in (Q3-2022), and exploration work has been conducted. While drill locations were submitted for permitting and a positive Appropriate Assessment was initially received, objections filed in court delayed the process. Although the courts terminated the objections in Q1-2025, an appeal has been filed, further prolonging permitting and delaying the planned 1,800-meter drill program.  Scheduling and commencement of this program remain dependent on the final resolution of the permitting process and receipt of all government approvals.   Mundoro Owned Projects, USA   Dos Cabezas Project – Arizona: Advancing Porphyry Copper Targets :  Mundoro's 100%-owned Dos Cabezas Project, available for joint venture, covers approximately 61 sq km in Southeast Arizona's Laramide magmatic arc. Situated 150 km east of Tucson, and south of the Safford district, exploration has defined six targets: four with surface porphyry copper signatures and two representing potential covered centers in the pediments. Q1-2025 activities included submitting samples for geochronology (confirming Laramide ages, with further results expected Q3-2025), conducting partner site visits, performing fieldwork at the Elma target, and refining the Mescal Canyon geological model with 2023 drill data.   Copperopolis Project – Arizona: Generative Fieldwork and Target Generation : Located in Yuvapi County, northwest Arizona, the Copperopolis Property features historic high-grade Au-Cu veins and is considered prospective for deeper Laramide-age porphyry systems, with a target identified near the San Juan Mine. Completed work includes historic vein evaluation, detailed mapping at San Juan (identifying NE-trending dikes, breccias, and weak-to-moderate porphyry-style alteration), and high-resolution drone imagery. Q1-2025 saw a BLEG geochemical survey (results expected Q2-2025), detailed mapping confirming a sheeted dike complex, and geochronology (U-Pb results Q2-2025 consistent with nearby operating mines).   Picacho Project – Arizona: Unlocking Covered Porphyry Potential :  The Picacho Project, wholly owned by Mundoro and available for partnership, encompasses a 105 sq km land package (State Permits and Federal Claims) in central Arizona. It is strategically located within a cluster of major porphyry copper deposits. Exploration efforts have identified three covered target areas, either untested or only partially tested, indicating potential for concealed porphyry systems.  In Q1-2025, geochronology work was undertaken, with results received in Q2-2025 confirming a Laramide age (68Ma) for a key igneous unit, consistent with the regional mineralizing events. Generative Programs: Mundoro is actively evaluating new opportunities: ●      Serbia:  Evaluating areas in Cretaceous and Tertiary Belts. ●      USA:  Targeting copper in Arizona's Laramide Belt and other Western US belts. ●      Global:  Evaluated three additional geological belts, focusing on copper.   Qualified Persons The scientific and technical information described in this Press Release has been prepared in accordance with National Instrument 43-101. The scientific and technical information for this press release  has been reviewed and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and Chief Geologist to the Company. About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners.  The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA.   Follow Mundoro’s weekly updates from the field on: LinkedIn  and X @Mundoro For further information about Mundoro, please contact Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055, or Shamil Devji, Investor Relations Manager at +1-604-669-8055.  You can also visit Mundoro’s website www.mundoro.com .   Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedar.com .   Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

April 29, 2025 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com ) (" Mundoro " or the " Company ") announces the operating and financial results for the year ended December 31, 2024.  The audited Financial Statements (FS), and Management’s Discussion and Analysis (MD&A) for 2024 are filed on SEDAR+, and are available on Mundoro’s website at www.mundoro.com under the heading “Investors”. All amounts are expressed in Canadian dollars unless otherwise indicated. Mundoro's CEO, Teo Dechev, noted that fiscal year 2024 was a period of focused execution. Core activities involved continued exploration within partnered projects, assessment of new opportunities, and technical progression of available properties to facilitate third-party option discussions. Over a two-year perspective, the company's financial results illustrate a disciplined and sustainable business approach, allowing the reinvestment of the positive cash flow from 2023 into 2024 initiatives. In 2024, capital was allocated to advance targets across the property portfolio.  The exploration conducted in 2024 has enhanced the attractiveness of the Company's properties, positioning them favorably for new partnerships. Discussions are ongoing with potential partners, indicating continued interest in the properties. 2024 Year End Financial Summary ●      Cash Position and Working Capital: As of December 31, 2024, the Company held $6.32 million in cash and cash equivalent and held $1.96 million in working capital.  The Company has no long-term debt.   ●      Fees Earned and Net Option Payments Received:  Fees earned, including operator and option fees, were $1.11 million in fiscal year 2024. ●      Exploration and Project Evaluation Expenditures: Total exploration and project evaluation expenditures conducted on the Company's properties were $6.91 million in fiscal year 2024. Of this amount, $6.01 million was recovered from option partners, resulting in net exploration costs to the Company of $0.90 million for the year. These net exploration costs are primarily attributable to the Company's internally funded Project Generative operations. ●      Corporate Expenses: Corporate expenses in fiscal year 2024 were down 7.7% from the prior year to $1.26 million.   2024 Exploration Summary and 2025 Outlook   BHP-Mundoro Projects, Serbia Borsko: Evaluating a Preserved Alteration System through Advanced Techniques  Located in the central Timok Magmatic Complex, directly west of the Bor Mine, exploration of the Borsko Project is for significant copper-gold mineralization. Building on the discovery of an undercover alteration lithocap (Target 1), 2024 activities involved structural interpretations, mineralogy and petrography analysis, petrophysical measurements, and detailed structural mapping. Extensive geophysical surveys, including passive seismic and ground AMT, were completed or significantly advanced in late 2024, with final reports and 3D models received in Q1 2025 to optimize future drill locations. Exploration plans for early 2025 prioritize integrating these advanced datasets to finalize target definitions and develop a comprehensive drill program. Trstenik and Crvena Zemlja: Systematic Exploration and Drill Program Advancement  Immediately north of the Majdanpek copper porphyry Mine, the Trstenik project is strategically positioned within the northern Timok Magmatic Complex, with targets showing similarities to Majdanpek's porphyry and associated skarn mineralization. 2024 saw extensive systematic exploration, including receiving results from late 2023 drilling and passive seismic surveys, completing a ground AMT survey and inversion analysis, detailed mapping and sampling across multiple areas, and comprehensive geochemical and structural analysis. Importantly, a drill proposal was developed and logistical readiness was significantly advanced for a planned drill program in the North-Central target area, demonstrating clear progress towards drill testing high-priority targets in 2025, while data analysis and 3D modeling continue for the southern targets. The delay in receiving forestry permit approval, for the north-central target area drill program, has delayed the start of the drill program from Q4-2024 to 2025.  Although the forestry permit approval is understood to be in the final stages, final timing for approval is unknown. Vitanovac: Geophysical Surveys and Structural Interpretation for Target Generation  Located as the southern extension of the Timok Magmatic Complex, the Vitanovac license is prospective for porphyry and epithermal copper-gold mineralization associated with intrusions. Building on initial stream sediment anomalies, 2024 exploration focused on completing extensive geophysical surveys, including ground AMT, gravity, and magnetic surveys, following receipt of results from late 2023 drilling. Processed results from these surveys were received, and structural interpretation completed in Q1 2025. Future plans prioritize the comprehensive interpretation and 3D modeling of all collected geophysical data in H1 2025 to generate refined drill targets for future exploration activities on this frontier license. Ponor: Geophysical Surveys to Refine Anomalous Geochemical Targets  The Ponor license, situated within a geologically prospective setting, is host to compelling gold, copper, lead, and zinc geochemical anomalies in the North and South target areas. 2024 exploration activities built upon these anomalies through comprehensive reconnaissance mapping, rock sampling, and the completion of multiple ground geophysical surveys, including ground AMT (with infill), gravity, and magnetic surveys. Processed results for these surveys were received, and structural interpretation was completed in Q1 2025. Future plans focus on the integrated interpretation and modeling of all collected geochemical and geophysical data in early Q2 2025 to define specific drill targets. Lipovica: Geophysical Surveys for Subsurface Intrusive Target Identification  Adjacent to the Ponor license, the Lipovica area presents an attractive exploration target for mineralization potentially associated with subsurface intrusive bodies beneath sedimentary cover sequences. 2024 activities involved completing comprehensive grid-based soil sampling, reconnaissance mapping, rock sampling, and multiple ground geophysical surveys including gravity, AMT (with infill commenced), and magnetic surveys. Processed results from the completed surveys were received, and structural interpretation was completed in Q1 2025. Remaining geophysical fieldwork was completed in Q1 2025 and finalization of  integrated interpretation and modeling in Q2 2025 to delineate potential intrusive targets under cover. Orlovac: Gravity and Magnetic Surveys for Greenfield Exploration  The Orlovac license is located adjacent to the Ponor and Lipovica licenses and interpreted to have potential for intrusive-related mineralization. As a greenfield exploration effort in 2024, the Company rapidly advanced initial exploration, completing grid-based soil sampling (with results received), reconnaissance mapping, rock sampling, ground AMT, and ground magnetic surveys, while commencing a ground gravity survey and AMT infill survey in Q4 2024. Structural interpretation was completed in Q1 2025. Exploration plans for early 2025 prioritize completing remaining geophysical fieldwork and conducting comprehensive interpretation and modeling in Q2 2025 to define initial exploration targets within this prospective new license area. JOGMEC-Mundoro Project, Bulgaria EE1 Copper Project: Unlocking Sediment-Hosted Copper Potential The EE1 Copper Project in northwest Bulgaria, a joint venture with JOGMEC, is prospective for sediment-hosted stratiform copper, a deposit type found in world-class regions like Kupferschiefer, Poland, and the Central African Copperbelt. Extensive systematic exploration completed by the joint venture, including comprehensive soil geochemistry, detailed geological mapping, an AMT geophysical program, and a drone magnetic survey, have been instrumental in identifying high-priority drill targets. Building on these results, Mundoro has been diligently advancing the drill permitting process throughout 2024 and early 2025, securing a positive Appropriate Assessment (AA) decision from the Ministry of Environment and Water (MoEW) in Q4 2024. Initial objections were received to the MoEW AA decision and then terminated by the courts in Q1 2025. An appeal process remains available, which could affect the final permitting timeline for the planned 1,800-meter drilling program designed to test these high-priority targets.  After receipt of all necessary permissions from government agencies, Mundoro can then initiate the drilling program.   Mundoro Owned Projects, Serbia   Skorusa: Advancing Target Definition  Located near the active Bor and Cukaru Peki mines, the Skorusa license is 100% owned by the Company, which is actively seeking new partnerships. Building on results from previous drill campaigns, 2024 activities focused on integrating assay, soil, and passive seismic data from the Vale funded 2023 exploration programs to advance data-driven target definition, particularly in the Skorusa West Zone. Future plans include evaluation of the Zlot 1, 2, 3, and Glavica targets, with continued engagement with potential partners to advance exploration on this license.   Oblez: Utilizing Geophysics for Enhanced Targeting Situated adjacent to the Skorusa license and benefiting from proximity to known mineralization, the Oblez license is 100% owned by the Company, which is seeking partnerships to advance exploration. In 2024, the focus was on integrating passive seismic survey results received from 2023 to enhance targeting, particularly along the western edge of the sedimentary basin, an area of interest due to its potential for mineralization styles similar to the nearby Coka Rakita discovery. Future exploration plans are centered on data-driven target evaluation guided by comprehensive analysis of all available geophysical data. Branik: Proximity to World-Class Mining Operations  Strategically located within the highly prospective corridor between the Bor, Veliki Krivelj, and Cukaru Peki mines, the Branik license is 100% owned by the Company, which seeks partners to explore this key location. 2024 activities included receiving and initiating the analysis of results from the Q4 2023 drill program and passive seismic survey. Future exploration plans aim to integrate this passive seismic data with structural interpretations to refine target models and advance the understanding of mineralization potential within this strategically located area. Bobot and Odej: Extensive Hydrothermal Alteration The Bobot and Odej licenses, located southwest of the Bor Mine, contain a 14 sq.km hydrothermal alteration zone with compelling epithermal and porphyry potential, including historical gold assay results at Tilva Rosh. 100% owned by the Company which is seeking partners, 2024 activities focused on receiving and reviewing results from late 2023 drilling (Markov Kamen South) and passive seismic surveys (Tilva Rosh), further refining target definitions. In Q4 2024, updated presentations highlighting refined targets and vectors to potential porphyry sources were prepared for potential partners, to facilitate the ongoing discussions for these licenses, with future plans focusing on refining targets at Tilva Rosh and Markov Kamen. Odej South and Gramada: Target Delineation  Interpreted to host an 8 km southern extension of the significant hydrothermal alteration zone found at Bobot and Odej, the 127.1 sq.km Odej South and Gramada licenses are wholly owned by the Company, which is actively seeking partnerships. Four promising targets were identified historically, and 2024 activities included receiving assay results from late 2023 drilling at Bacevica North. Proactive steps were taken in Q3 and Q4 2024 to update partner presentations, clearly communicating project potential and progress to attract joint venture investment. Future plans are designed for targeted evaluation of key prospects within both license areas, including Gorunov and Bacevica North (Odej South) and Orlovo, D-vein, Prekostenski, and Bukova (Gramada). Mundoro Owned Projects, USA Dos Cabezas Project – Arizona: Advancing Porphyry Copper Targets through Exploration  The 100% owned Dos Cabezas Project, strategically located in the prospective Laramide magmatic arc of Southeast Arizona and actively offered for partnership, covers approximately 61 sq.km with multiple land tenures. Exploration has identified six target areas, including four with compelling surface porphyry signatures and two potentially concealed under shallow cover. A significant step was the completion of the permitted Phase 1 drill program in 2023, which included the first known testing of two pediment targets and targeted drilling of one drill hole in each of Mineral Park and Mescal Canyon. Results from this drilling were encouraging, intersecting alteration and mineralization interpreted as indicative of a porphyry copper style system at depth or nearby, with Q3 2024 relogging further confirming favorable porphyry alteration. The untested Casey Copper Canyon target also offers additional upside. Plans for 2025 focus on refining geological models, advancing specific areas like Elma/Mascot towards drill-ready status, continuing fieldwork, and actively presenting the project to potential partners for future drill testing. Picacho Project – Arizona: Unlocking Covered Porphyry Potential through Advanced Exploration  The wholly owned Picacho Project in central Arizona, strategically situated within an area of major porphyry copper deposits and available for partnership, covers approximately 105 sq.km . Exploration has successfully defined three untested, or historically partially tested covered target areas, with potential for concealed porphyry deposits, alongside a large area of untested ground offering further discovery potential. Comprehensive exploration programs completed in 2023, including mapping, geochemical sampling, drone magnetics, and ground gravity surveys, have been integrated to develop initial drill targets beneath shallow pediment cover. Future plans for 2025, contingent on securing a joint venture partner, aim to advance these identified targets to drill-ready status through permitting. Copperopolis Project – Arizona: Generative Fieldwork and Target Generation  Located in the historically significant Black Rock Mining District of central Arizona and open for new partnerships, exploration at the Copperopolis Project is focused on porphyry and related vein systems, potentially linked to a deeper porphyry source like the nearby Sheep Mountain deposit. Detailed fieldwork has revealed compelling evidence for a genetic link between historical veins near the San Juan Mine and outcropping Laramide-age porphyry dikes/plugs on the property. 2024 exploration activities included planning for drill targets, acquiring high-resolution drone imagery for detailed mapping, and initiating a comprehensive BLEG geochemical sampling program across a significant area, completed in Q1 2025, designed to vector towards gold and copper mineralization. Plans for 2025 focus on refining geological models, advancing specific areas and undertaking age dating on intrusive units to better understand mineralization timing and refine exploration targeting.   Qualified Persons The scientific and technical information described in this Press Release has been prepared in accordance with National Instrument 43-101. The scientific and technical information for this press release  has been reviewed and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and Chief Geologist to the Company. About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners.  The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA.   Follow Mundoro’s weekly updates from the field on: LinkedIn  and X @Mundoro For further information about Mundoro, please contact Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055, or Shamil Devji, Investor Relations Manager at +1-604-669-8055.  You can also visit Mundoro’s website www.mundoro.com .   Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedar.com .   Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

February 3, 2025 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF |   www.mundoro.com )  (" Mundoro " or the " Company ") is pleased to summarize key achievements from 2024 and outline strategic priorities for 2025. Key Highlights from 2024: ●      Advanced Exploration at BHP-Mundoro Projects, Serbia: ○      Completed ground AMT survey, rock sampling, and soil sampling programs at South Timok. ○      Conducted IP and bulk density measurements at Borsko. ○      Developed and approved a drilling proposal for the Trstenik project. ●      Vectoring in on Large-Scale Porphyry Targets within Mundoro controlled South Timok Portfolio in Serbia: ○      Announced five prospective porphyry exploration targets at the Trstenik project. ○      Identified four highly prospective porphyry exploration targets at the Tilva Rosh prospect area. ●      Dos Cabezas, Arizona: Drill Results Confirm Porphyry Potential, Partnership Opportunities: ○      Announced drill results from two drill holes, intersecting Cu-Au-Mo and Cu-Mo-Ag mineralization. ○      Conducted site visits with potential partners to advance exploration and drilling. ●      Advancing Exploration of the Arizona Projects: ○      Commenced fieldwork to generate new drill targets at Copperopolis. ○      Refined the drill targets at Mescal Canyon and Mineral Park while generating new targets for drill testing at Elma, all which are within the extensive land package of the Dos Cabezas project. 2025 Outlook Mundoro's primary focus in the coming year will be on advancing high-potential targets across our wholly-owned projects with the objective of securing additional joint venture partnerships and concurrently the execution of exploration programs for our partners, BHP and JOGMEC.  A key element of our strategy involves ongoing generative exploration to identify and develop compelling copper and/or gold targets for drill testing. This will expand our portfolio and attract a broader range of potential partners, thereby increasing exploration and enhancing the opportunity for discovery. We remain committed to building a robust pipeline of projects, leveraging our expertise in generative exploration, and creating value through partnerships. Furthermore, we will continue to review strategic opportunities that align with our core strengths and enhance shareholder value. Advancing Exploration at the BHP-Mundoro Projects in Serbia to Drill Testing   South Timok Mundoro has advanced exploration activities across the Ponor, Lipovica, Orlovac and Vitanovac licenses through a comprehensive program that included a project-scale ground Audio-Magnetotelluric (AMT) survey, targeted rock and soil sampling, and reconnaissance mapping. These efforts were designed to enhance the geological understanding of the project area. In 2025, the company plans to extend the magnetic, gravity and AMT surveys over an addition to the project area while simultaneously conducting follow-up geophysical surveys on anomalies identified during the initial project-wide survey.   Borsko To facilitate target refinement, the company conducted geochemical analysis, Induced Polarization (IP) surveys, and bulk density measurements on drill core from Target 1. Additionally, structural interpretation of the Borsko target area was initiated. In 2025, the company plans to conduct Green Rock analysis, further AMT geophysical surveys, and a reinterpretation of the targets. To date, Target 1 remains a compelling prospect for a porphyry deposit.   Trstenik Results from the 2024 exploration program at the Trstenik Project identified five porphyry exploration targets. These targets are the Southwest, Southeast, North-Central, Central, and North zones, that each represent exploration potential for porphyry intrusions.  The Company has submitted drill permit applications for each target, marking the next step towards unlocking their value through future drilling. The exploration team is actively advancing the North-Central zone to drill-ready status in order to drill test in Q1-2025. A planned 4,700-meter, four-hole drilling program will be the first phase of testing in this prospective area, focused on testing for a porphyry intrusion.   Figure 1 Plan View of the North, North-Central and Central Target Area Vectoring in on Large-Scale Porphyry Targets within Mundoro controlled South Timok Portfolio in Serbia   During 2024, Mundoro’s exploration team recompiled and analyzed the exploration data collected from two previous partnerships which collectively had spent C$14.4 million over the project area which is a total of approximately 417 sq km.  As a result, the analysis identified highly prospective porphyry exploration targets at the Tilva Rosh prospect area within Mundoro's 100%-owned licenses in Timok, Serbia. As the work continues, targeting and analysis continues over the Markov Kamen area which has also resulted in additional targets.  The targets exhibit geological features, mineralization styles, and alteration patterns characteristic of porphyry and related high-sulphidation epithermal systems known in the region such as the Bor deposit and the Cukaru Peki deposit. Over the course of the year, the Company has presented the project to potential partners for the purpose of joint venturing.   Dos Cabezas, Arizona: Drill Results Confirm Porphyry Potential, Partnership Opportunities Exploration to date has identified three target areas with outcropping alteration and mineralization potentially associated with Laramide-age porphyry copper systems: Mescal Canyon, Mineral Park, and Elma. Two additional undercover target areas, the Northwest Pediments and Southeast Pediments, were identified along the apparent west-northwest trend of the Apache Pass Fault Zone. Two drill holes were successfully completed at the project. The first hole, targeting the Mineral Park area, reached a depth of 598 meters and encountered anomalous Cu-Au-Mo mineralization. The second hole, in the Mescal Canyon area, reached a depth of 743.7 meters and intersected multiple zones of anomalous Cu-Mo-Ag mineralization, with logged alteration and veining. The Company is presenting the Dos Cabezas Project to potential partners for the purpose of joint venture. Ongoing mapping and sample collection are planned in the Elma area to establish further drill targets. Picacho, Arizona: Focused on Partnering to test Porphyry Target   The Company intends to advance the identified porphyry targets to a drill-ready stage by securing the necessary permits and presenting to potential partners. Once a partner is secured for this project, further exploration plans would include expanding geophysical surveys, conducting follow up geochemical analyses, and initiating targeted drilling programs to test the identified porphyry copper prospects.   Copperopolis, Arizona: Advancing Early Stage Exploration for Drill Targets   Fieldwork to generate target areas for drill testing has been underway since the second half of 2024 as part of a reconnaissance exploration program. Exploration plans for 2025 include magnetic survey, high-resolution photogrammetry, detailed mapping and soil sampling over areas of interest to identify potential drill targets. Leadership Transition in CFO Mundoro is pleased to announce that Ms. Mireia Cervera, who has served as the Company’s Controller since April 2022, has been appointed to the role of Chief Financial Officer (“CFO”), effective January 31, 2025. Ms. Cervera is a Chartered Professional Accountant (CPA), Certified Management Accountant (CMA) with 15+ years experience in the accounting field with 8 years in the minerals sector.  Ms Cervera brings extensive knowledge of Mundoro’s financial systems. We are confident she will continue to provide strong financial acumen and support the Company’s growth objectives. Mr. James Scott, the current CFO, will transition to a consulting role with the Company and continue to provide accounting services to the Company. We thank Mr. Scott for his contributions to the Company during his time as the CFO. Grant under Equity Incentive Plan   Demonstrating prudent capital management and a commitment to minimizing shareholder dilution, the Board of Directors has, after a two-year period of no grants, approved the grant of 3,080,000 stock options and 500,000 restricted share units (RSUs) under the Company's Equity Incentive Plan. These grants are made to eligible participants, including employees, contractors, officers, and directors. The stock options and the RSU carry an exercise price of C$0.175 per common share, reflecting the closing price on the TSX Venture Exchange on January 31, 2025. The Stock options are exercisable for a period of five years from the date of grant and shall vest one third after one year from the grant date, one third after two years from the grant date and one third after three years from the grant date.  The RSUs vest in three equal annual installments: one-third on the grant date and one-third on each of the next two anniversaries .     Qualified Persons   The scientific and technical information described in this Press Release has been prepared in accordance with National Instrument 43-101. The scientific and technical information for this press release  has been reviewed and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and Chief Geologist to the Company.   About Mundoro Capital Inc.   Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners.  The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA.   For further information about Mundoro, please contact Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055, or Shamil Devji, Investor Relations Manager at +1-604-669-8055.  You can also visit Mundoro’s website   www.mundoro.com .   Caution Concerning Forward-Looking Statements   This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on   www.sedar.com .   Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

December 2, 2024 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com ) ( "Mundoro" or the "Company" ) is pleased to report its financial results from its operations in the first nine months ending September 30, 2024 (“Q3-2024”). Financial Highlights and Outlook For further information on the Company’s financial results, please refer to the condensed interim consolidated financial statements and MD&A for the nine-month periods ended September 30, 2024, and 2023. The Company’s filings are available on SEDAR at www.sedar.com and on Mundoro’s website at www.mundoro.com . Financial Highlights ● Strong Cash Position: As of September 30, 2024, the Company had cash and cash equivalents totaling $4,233,609, with no-long term debt. ● Fees Earned: During the nine months ended September 30, 2024, the Company received fees, net option payments and interest of $1,042,956. ● Corporate Expenses: During the nine months ended September 30, 2024, the Company recorded overall corporate expenses of $903,774. ● Exploration Expenditures: The exploration expenditures across the Company’s programs, the majority of which are sole-funded by third parties totalled $5,980,712. Recoveries from optionees during the nine months ended September 30, 2024 amounted to $5,154,147 resulting in net exploration costs of $826,565 in 2024 which are attributable to Mundoro’s generative programs. Q3-2024 Exploration Portfolio Highlights BHP-Mundoro Projects, Serbia ● New Geophysical Surveys and Analysis at the Borsko Project During Q3-2024, the Company conducted pre-checks and mobilized equipment and staffing for a passive seismic geophysical survey. In the same quarter, Induced Polarization (IP) and bulk density measurements were completed over the drill holes in Target 1, and a structural interpretation of Borsko Jezero—focusing on the Target 1 prospect—was advanced to facilitate targeting. Building on these efforts, the Company plans to complete the passive seismic survey in Q4-2024, with interpretation models to follow for enhanced targeting. Additionally, exploration plans for Q4-2024 include a ground Audio-Magnetotelluric (AMT) geophysical survey, further targeting analysis, and planning around a drill program. ● New Drill Program Approved to Commence in Q4-2024 at the Trstenik Project A drilling proposal was developed and approved for the north-central target area based on the collected data, for four drill holes totaling 4,700 meters. Drilling is expected to commence around year end. For further information regarding the drill program, please see the press release dated October 30, 2024. ● Advancing Exploration at the South Timok Project During Q3-2024, the Company advanced its exploration efforts by completing a rock sampling program, a grid-based soil sampling program, and a ground Audio-Magnetotelluric (AMT) survey over portions of the project area. Processed results from both a ground gravity survey, previously completed in the year, and the ground AMT survey were received, providing valuable geophysical data. Final assay results for all samples from the grid-based soil sampling were collected, along with final assay results for a drill hole testing the volcanic stratigraphy in the western part of the license area. Additionally, reconnaissance mapping and rock sampling were completed to enhance the geological understanding of the project area. Mundoro Projects, Serbia ● Advancing Exploration at the Valdor Projects During Q3-2024, the Company received results from a passive seismic survey conducted over a portion of the project area. Building on prior data, upcoming exploration plans at the Skorusa license include further evaluation of the Zlot 1, Zlot 2, Zlot 3, and Glavica targets. At the Oblez license, the Company plans to further evaluate targets based on the newly received seismic data. Similarly, exploration at the Branik license will involve further evaluation of identified targets using the seismic survey results. ● Advancing Exploration at the Southwest Minerals Projects During Q3-2024, the Company received results from a passive seismic survey conducted over part of the Tilva Rosh area. As a result, the company updated the target ranking and analysis for the Tilva Rosh Valley, Tilva Rosh North, Tilva Rosh South, and Tilva Rosh Bridge targets as well as the Markov Kamen North and Markov Kamen South targets. Further evaluations are also planned for the Gorunov and Bacevica North targets and for the Orlovo, D-vein, Prekostenski, and Bukova targets. For further information regarding the targeting at the Tilva Rosh targets, please see the press release dated October 7, 2024. Mundoro Projects, USA ● Advancing Exploration at the Dos Cabezas Project During Q3-2024, the Company conducted additional field mapping, and relogging of the drill holes at the Mineral Park and Mescal Canyon target areas, revealing favorable zones of porphyry- style alteration in the areas of interest. To advance the partnering of this Project, the Company is presenting the Dos Cabezas Project to potential partners. Building upon the prior results, exploration plans also include ongoing mapping and sample collection at the Elma/Mascot areas to establish drill targets for a separate, potential porphyry center. ● Advancing Exploration at the Copperopolis Project Planning and preparation for fieldwork to generate new target areas for drill testing are currently underway as part of reconnaissance exploration. Exploration plans include conducting airborne magnetic surveys, high-resolution photogrammetry, and soil sampling over areas of interest to identify potential drill targets. Additionally, the Company plans to perform age dating on apparent Laramide intrusive units across the project area to better understand the geological history and potential mineralization sources. ● Advancing Exploration at the Picacho Project The Company intends to advance the identified targets to a drill-ready stage by securing the necessary permits and presenting to potential partners. Once a partner is secured for this project, further exploration plans would include expanding geophysical surveys, conducting detailed geochemical analyses, and initiating targeted drilling programs to test the identified porphyry copper prospects. Mundoro Engages Market Maker In Q3-2024, Mundoro engaged the services of DS Market Solutions Inc. (“DSMS”) to provide market making services in accordance with TSX Venture Exchange policies. DSMS and the company have an arm’s length relationship. DSMS will provide its own capital for trading purposes, utilizing Canaccord’s platform. DSMS holds no direct or indirect interest in Mundoro and does not possess any rights, ownership stakes, equity interests, or options to acquire securities of the company, either now or in the future. The contract with DSMS is for a minimum of three months at two thousand five hundred dollars per month and will automatically renew for additional one-month terms unless terminated by either party with thirty days’ notice. Qualified Persons The scientific and technical information described in this Press Release has been prepared in accordance with National Instrument 43-101. The scientific and technical information for this press release  has been reviewed and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and Chief Geologist to the Company. About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals. To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners. The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. For further information about Mundoro, please contact Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055, or Shamil Devji, Investor Relations Manager at +1-604-669- 8055. You can also visit Mundoro’s website www.mundoro.com. Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on   www.sedar.com . Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

October 30, 2024 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF |   www.mundoro.com )  (" Mundoro " or the " Company ") is pleased to announce that its exploration campaign on the Trstenik project, in which BHP Exploration is earning an interest and providing sole funding, has advanced five prospective porphyry exploration targets. Mundoro has submitted permit applications for drill locations across the five target areas, which we anticipate will be granted in Q4 2024. This will enable the commencement of drill testing thereafter with two drill rigs. The five targets are shown in Figure 1 and include: ● SouthWest Zone: Large, well-developed and exposed copper porphyry system < 2 km northwest of the Majdanpek porphyry copper deposit, demonstrated through elevated surface geochemistry, a combination of geophysical anomalies and drilling. ●   SouthEast Zone: Well-developed and exposed skarn and copper-gold porphyry system located <2 km directly north of the Majdanpek porphyry copper deposit, demonstrated by elevated geochemistry, a combination of geophysics and drilling. ●     North-Central Zone: Large, undercover and recently recognized as a porphyry target centered approximately 10 kilometers north of the Majdanpek porphyry copper deposit, was identified from magnetics and AMT, elevated Cu and Mo anomalies from soil and stream sediment geochemical sampling, and from mapped disseminated sulfides and alteration. ●   Central Zone: A newly recognized porphyry target centered ~7 km kilometers north of the Majdanpek porphyry copper deposit, identified through magnetics, correlated with elevated geochemistry from soil samples and mapped andesitic dykes bearing sulfide mineralization. ●      North Zone: Large, exposed target centered at the northern boundary demonstrated by elevated  Cu and Mo from soil sampling and magnetics. "The targeting analysis at Trstenik highlights five porphyry copper exploration targets of which three have been recommended for drill testing.  This targeting work is a result of the successful collaboration between Mundoro and BHP. Together, we have integrated geophysical and geochemical analysis along with mapping, and field observations to refine these targets, demonstrating the strength of our joint approach. We look forward to commencing the drill program in Q4-2024 to commence with the North-Central target" said CEO and President, Teo Dechev.   Discussion   The Trstenik Project encompasses a total area of 55 sq km and is located within the northern portion of the Timok Magmatic Complex, directly north of, and along regional structural strike from, the Majdanpek Mine Complex. To date, systematic exploration work carried out by Mundoro, and most recently with BHP who is sole funding the exploration programs, has identified five target areas. Two of these targets in the southern portion of the exploration area are similar to the Majdanpek porphyry copper deposit, as they share comparable geology, structural settings, and mineralization—specifically porphyry and skarn/massive sulphide replacement types—and occur along the strike of the main Timok trend.   Figure 1 Plan View of the North, North-Central and Central Target Area SouthWest Zone ●     Located less than 2 km north of Majdanpek , this area features well-defined porphyry-style mineralization with an exposed veining system, including A-type quartz veinlets, B-type quartz veinlets, and pyritic D-type veinlets. ●      The host rock  consists of biotite-chlorite-magnetite ± epidote-altered gneiss, intersected by a series of thin diorite porphyry dykes assigned to four phases. ●    Geophysical anomalies in the central target area include high-magnetic and low-velocity passive seismic signals, indicating an intrusive, magnetite-rich body within non-magnetic gneiss wall rock. This body is surrounded by a doughnut-shaped high IP chargeability anomaly, likely linked to a pyrite shell, and exhibits a zonation of molybdenum (Mo) with >5 ppm Mo in the outer zone and >10 ppm Mo in the inner zone. This Mo zonation likely points to a porphyry center beneath. ●      Nine drill hole locations , submitted for permitting, have been designed to test this area.   SouthEast Zone ●      Located less than 2 km north of Majdanpek porphyry copper deposit , the area shows potential for skarn mineralization and represents a Cu and Au porphyry system similar to the Majdanpek deposit. ●     The target area  features shallow marbled limestone and gneiss host rock, intruded by steeply dipping andesite and diorite porphyry dykes. These dykes exhibit potassic alteration and are intersected by dark silica-magnetite (A-type) veins. ●      Cu and Au soil anomalies align with sub-volcanic andesite and diorite porphyry bodies containing pyrite and magnetite-epidote clusters, as well as with high IP chargeability and intermediate-velocity anomalies. ●     Exploration results indicate that carbonate-replacement bodies near early-stage porphyry dykes are likely better mineralized and larger in size. Additionally, the western, footwall side of the dykes appears more effective in trapping mineral fluids, making it a promising target for further exploration. ●      Five drill hole locations , submitted for permitting, have been designed to test this area. North-Central Zone ●      This target features a strong circular magnetic anomaly  along a major north-south structural corridor, with additional magnetic anomalies to the north. The high magnetic anomaly aligns with a steeply dipping intrusive, indicated by a low resistivity anomaly and surrounded by a low-velocity halo. ●     Surface lithology  is mainly schist with layers of gneiss. The magnetic anomalies are near the boundary between actinolite schist and biotite gneiss but are mostly limited to the schist. ●    Pyrite and chalcopyrite mineralization  found in the schist above a high magnetic anomaly suggests a potential sulfide-bearing porphyry intruding into the schist along a listric fault and the schist/gneiss contact. ●      Soil sample assays  reveal elevated Cu levels above 50 ppm and Mo above 3 ppm, coinciding with the high magnetic anomaly. This suggests a shallow, covered sulfide-bearing intrusive body. ●    Four drill hole locations submitted for permitting have been designed to test the magnetic and geochemical anomalies.   Central  Zone ●      Geological Composition: This area features schist and sections of gneiss in the west and northeast, intruded by several thin andesite dykes containing disseminated pyrite and traces of chalcopyrite. ●      Magnetic Anomalies: A circular magnetic anomaly, ranging from intermediate to high, surrounded by magnetic low anomalies suggests the occurrence of a mineralized porphyry. ●      Soil Anomalies:  Elevated Cu levels adjacent to exposed andesite dykes, along with surrounding Mo anomalies, indicate the potential for a Cu porphyry system beneath. ●      Drill Holes:  Three drill hole locations submitted for permitting have been designed to test this magnetic anomaly.   North Zone ●      Soil Anomalies:  Surface geochemical assays of soil samples show elevated Mo, Te, and Cu levels that align with an intermediate to high magnetic anomaly surrounded by magnetic low anomalies. ●      Geological Insights: Geochemical and geophysical analyses suggest this area may mark the base of a lithocap transitioning to the top of a porphyry system. ●      Magnetic Anomalies: Magnetic high anomaly reflecting the magnetite-rich potassic altered core. During the cooler, late-stage fluids can overprint the stockwork mineralization and cause the de-magnetization of the magnetic high into a “doughnut”-shaped or “Bull-eye” anomaly. ●      Drill Holes:  Five drill hole locations submitted for permitting have been designed to test the target.   Qualified Person   The scientific and technical information described in this Press Release has been prepared in accordance with National Instrument 43-101. The scientific and technical information for this press release  has been reviewed and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and Chief Geologist to the Company.   About Mundoro Capital Inc.   Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners.  The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA.   For further information about Mundoro, please contact Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055, and Shamil Devji, Investor Relations Manager at +1-604-669-8055.  You can also visit Mundoro’s website   www.mundoro.com .   Caution Concerning Forward-Looking Statements   This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on   www.sedar.com .   Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

October 7, 2024 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com )  (" Mundoro " or the " Company ") is pleased to announce that it has identified four highly prospective porphyry exploration targets at the Tilva Rosh prospect area on Mundoro’s 100% owned licenses. These targets are shown in Figure 1 and include: ●        Tilva Rosh Valley : A 2 km x 2 km target area located at the junction of two significant fault structures, identified through geophysics, structural interpretation and geochemical data. ●        Tilva Rosh North : A 3 km x 1.5 km target featuring advanced surface alteration and increasing molybdenum grades at depth, indicating potential deeper sulfide-rich porphyry zones. ●        Tilva Rosh South : A deeper porphyry target identified through previous drilling, which demonstrated molybdenum anomalies at depth and porphyry style alteration zonation. ●        Tilva Rosh Bridge : A 2.3 km zone linking two lithocaps, with elevated copper-gold soil anomalies and geophysical indicators suggesting potential for porphyry system.   "These targets underscore the ongoing potential for further discoveries within the Timok Magmatic Complex. This reinforces our commitment to advancing these projects through strategic partnerships with companies seeking to explore in this well-established mining district, which continues to offer substantial opportunities for additional copper porphyry discoveries” commented Teo Dechev, CEO and President.   Discussion   The Tilva Rosh lithocap, covering approximately 16 square kilometers, is situated in the central part of the Timok Magmatic Complex, near the highly productive Bor and Cukaru Peki Mine Complexes. Through our exploration work, we have identified four promising target areas: Tilva Rosh Valley, Tilva Rosh North, Tilva Rosh South, and Tilva Rosh Bridge. These targets show similarities to the Bor and Cukaru Peki deposits, not only in geological features but also in mineralization styles, and alteration patterns that often signal the presence of porphyry and high-sulphidation epithermal (“ HSE ”) systems.   Figure 1: Location Map of Targets with Geochemistry, Geophysics and Structural interpretation over Geology. Tilva Rosh Valley This 2 km x 2 km target area is centered on a significant fault system concealed beneath alluvial cover, identified through a combination of geophysical and structural interpretation. The area is a structurally significant dilation zone, which could trap mineralizing fluids, creating favorable conditions for porphyry development. Located just north of a 4 km-long lithocap, this area is likely the extension under cover of that lithocap, supported by the continuation of a demagnetized zone as indicated by geophysical surveys. Key porphyry indicators, including surface molybdenum anomalies, demagnetization, and structural interpretation, coupled with a new passive seismic survey, suggest potential for a porphyry-related system. Two drill holes have been designed to test for both porphyry and the associated high-sulphidation epithermal (“ HSE ”) systems, guided by molybdenum anomalies, magnetics, and passive seismic data that align with the area's structural trends.   Tilva Rosh North This expansive lithocap (4 km by 2 km) is characterized by advanced surface alteration, with argillic and albite-sericite-chlorite zones transitioning into anhydrite at depth. Increasing molybdenum grades to the north and deeper levels, along with magnetic highs within broader demagnetization zones, suggest potential for a sulfide-rich potassic zone in a deeper porphyry system. Traditional porphyry vectors such as A-type quartz-magnetite veinlets further support the potential for mineralization at depth. Two drill holes have been designed to test this area, targeting porphyry and related HSE systems using geophysical data, including magnetic highs and geochemical anomalies, which provide strong evidence for mineralization in this promising target.   Tilva Rosh South The southern end of the lithocap presents a deeper target for porphyry systems, as near surface drilling has not fully explained the widespread surface alteration and high-grade mineralization from channel sampling which returned 12m @ 30.39 g/t Au and 171.27 g/t Ag. Molybdenum anomalies, both at the surface and along one hole previously drilled in this area, along with alteration zonation and A-type quartz-magnetite veinlets, are vectors pointing toward a deeper porphyry system. A single deep drill hole (FMSC18006) revealed extensive alteration, including hydrothermal breccia and potassic-altered diorite porphyry, indicating the potential for substantial mineralization at depth. One drill hole has been designed to further test this deeper potential, guided by these vectors and supported by geochemical, magnetic, and structural indicators from previous drilling.   Tilva Rosh Bridge  This 2.3 km corridor under agricultural land cover connects two key lithocaps, Markov Kamen North and Tilva Rosh South, and presents additional opportunities along this corridor for the discovery of an undercover porphyry system that may be driving these extensive lithocaps. Elevated copper-gold soil geochemistry and geophysical indicators, including a broad demagnetized zone suggest continuation of the alteration undercover. Two drill holes have been designed to test this area, focusing on the potential for porphyry-related mineralization.   Qualified Persons   The scientific and technical information described in this Press Release has been prepared in accordance with National Instrument 43-101. The scientific and technical information for this press release  has been reviewed and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and Chief Geologist to the Company.   Mundoro Engages Market Maker Mundoro has engaged the services of DS Market Solutions Inc. (“DSMS”) to provide market making services in accordance with TSX Venture Exchange policies. The contract with DSMS is for a minimum of three months at two thousand five hundred dollars per month and will be renewed for additional one-month terms unless terminated by either party with thirty days’ notice.   About Mundoro Capital Inc.   Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners.  The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA.   For further information about Mundoro, please contact Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055, or Shamil Devji, Investor Relations Manager at +1-604-669-8055.  You can also visit Mundoro’s website   www.mundoro.com .   Caution Concerning Forward-Looking Statements   This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on   www.sedar.com . Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.