February 28, 2018, Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company“) is pleased to announce drilling results from the East and West Zone on the Zeleznik exploration license (“Zeleznik”) in north-eastern Serbia. Zeleznik is one of the four licenses being sole funded under the Agreement between Mundoro and Japan Oil, Gas and Metals National Corporation (“JOGMEC“) announced March 7, 2016. Zeleznik is located directly north of the Serbian state-owned Majdanpek copper-gold mine and at the north end of the Timok Magmatic Complex (“Timok”) (see Figure 1: Location Map). Figure 1: Location Map Teo Dechev, CEO and President of Mundoro commented, “Results from the drill program in 2017 have further demonstrated the potential for mineralized zones. In particular, the East Zone has demonstrated copper and gold mineralized zones starting from surface which remain open along strike to the south, the east and at depth.  Our technical team is incorporating the new drilling data into our model of the systems and looking forward to developing a follow up drilling program for 2018.  We have also completed ground magnetics over the entire 6,774 hectares of the project. This magnetic data along with the structural interpretation and regional soil analysis will be used to further define new target areas over the project. ” ZELEZNIK EAST ZONE AND WEST ZONE TARGET AREAS The 2017 Phase III drill program on the Zeleznik East Zone and West Zone target areas comprised of 16 inclined diamond drill holes totaling 4,200 m. Nine drill holes were completed at the West Zone and seven drill holes at the East Zone. The drilling was designed to follow up on the previous two drilling campaigns totalling 3,200 m of drilling that successfully intersected near-surface porphyry type mineralisation at both the East and West Zones. East Zone Drilling Confirms Gold and Copper Mineralization Remains Open Along Strike and Towards East The East Zone drill holes were designed as fences to previously completed holes ZELDD06, ZELDD05 and ZELDD04 and to further test the carbonate-replacement type mineralization at the porphyry-limestone contacts (see Figure 2: East Zone Drill Hole Location Map). Figure 2: East Zone Drill Hole Location Map Porphyry-marblized-limestone contacts are marked by narrow intervals of massive magnetite and/or semi-massive sulphide of carbonate-replacement origin and the previously reported copper and gold values from the East Zone are usually associated with these contacts and structurally controlled mineralisation (see press release November 4, 2016). In addition to this type of mineralization, the recent drilling has also now identified near-surface quartz-magnetite vein type mineralization at the eastern part of the mapped porphyry intrusion. Drill hole 17-ZEL-23 collared to test depth extension of the surface channel of 30 m with 0.66 g/t gold and 0.1% copper intersected 52 m with 0.32 g/t gold from surface and suggestive for strong correlation between the observed quartz-magnetite vein type mineralisation and the gold. These results from 2017 drill program now open new potential to the East Zone target towards the south-southwest along strike of the mapped diorite porphyry and to the east-southeast beneath the carbonate cap as supported by the gold-in-soil anomaly (see Figure 2). The Company believes the East Zone target merits a follow-up drill program of fence drilling along these two open zones.  Tetratech has been engaged to assess an initial resource based on the drill results to date. Table 1: Highlights from East Zone drill results 1. Cu Eq % = (Cu Eq $/t + Au Eq $/t + Ag Eq $/t)/Cu $ per lb/2204.6 2. Au Eq g/t = (Cu Eq $/t + Au Eq $/t + Ag Eq $/t)/Au $ per oz x 31.1 Price used for CuEq and AuEq calculations are: US$2.60/lb Cu, US$1300/oz Au, US$20/oz Ag 3. All thicknesses from intersections from drill holes are down-hole drilled thicknesses and not true widths. The current exploration model has not had sufficient drill testing to be able to determine true thickness of mineralization. West Zone Drilling Demonstrates Wide Mineralized Envelope Remains Open Along Strike South, East and Depth Drill holes were collared on three parallel sections at approximately 100 m between fences and 100 m between holes on each fence (see Figure 3: West Zone Drill Hole Location Map). The aim of the drill program was to further test the West Zone copper potential where one of the previously completed drill holes returned an intercept of 25.8m @ 0.39% copper. Figure 3: West Zone Drill Hole Location Map The technical team has identified four types of porphyry dykes according to their textural composition and geochemistry that are intruded into a metamorphic basement of Timok. The four phases porphyry intrusions confirm the multistage porphyry system at Zeleznik. Copper mineralisation is associated with early-mineral stage dykes containing A-type quartz veinlets and B-type quartz-pyrite-chalcopyrite veins, as well as disseminated pyrite-chalcopyrite mineralisation. Both the early-mineral dykes and the surrounding wall-rock gneiss are mineralized and form an envelope of above 0.1% Cu that is widening towards south-southeast. Within this mineralised domain narrow sub-vertical zones with more intensive quartz-chalcopyrite veining have been intersected and returned samples with greater than 0.3% copper. Pyrite is the dominant sulphide mineral and chalcopyrite the principal copper mineral with lesser chalcocite occurring in veins. The West Zone mineralisation remains open to the south and east supported by the extension of the copper-gold-in-soil anomaly for an additional 500 metres along strike (see Figure 3).  The Company believes this target merits a follow-up drilling across the entire system and test depth potential. Table 2: Highlights from West Zone drill results 1. Cu Eq % = (Cu Eq $/t + Au Eq $/t + Ag Eq $/t)/Cu $ per lb/2204.6 2. Au Eq g/t = (Cu Eq $/t + Au Eq $/t + Ag Eq $/t)/Au $ per oz x 31.1 Price used for CuEq and AuEq calculations are: US$2.60/lb Cu, US$1300/oz Au, US$20/oz Ag 3. All thicknesses from intersections from drill holes are down-hole drilled thicknesses and not true widths. The current exploration model has not had sufficient drill testing to be able to determine true thickness of mineralization. New Ground Magnetics Survey Completed for Further Targeting To date, the systematic exploration program at Zeleznik has identified four main target areas: West Zone, East Zone, Central Zone and North Zone.  The Central Zone and North Zone have yet to be drill tested.  To further assist with the exploration of the project as a whole, which now includes 67.74 sqkm (6,774 hectares) over three licenses: (i) Zeleznik license (60 sqkm), (ii) Radjina license (4 sqkm), and (iii) Fresenis license (3 sqkm), a ground magnetic survey over the entire project began in October 2017 and was completed in February 2018. The survey was designed to cover the project at 100  meter line spacing.  This magnetic data along with the structural interpretation and regional soil analysis will be used to further define new target areas over the project. Qualified Person Technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person as defined by National Instrument 43-101. Sampling, Analysis and Quality Assurance and Control (QA/QC) Drill hole orientations were surveyed at approximately 30 metre intervals. Company personnel monitored the drilling, with drill core delivered daily to the Company’s core storage facility where it was logged, cut and sampled. Core recovery is recorded as 95-100% in most intervals. The samples were collected in accordance with the Company’s protocols that are compatible with accepted industry procedures and best practice standards at one or two-meter lengths from mineralised intervals and three meter lengths from non-mineralised intervals. The samples were submitted to ALS Laboratory in Bor, Serbia, for sample preparation and analysis. In addition to the laboratory’s internal QA/QC procedures, the Company conducted its own QA/QC with the systematic inclusion of certified reference materials every 20 samples, blank samples every 20 samples and field duplicates at every 25 samples. Drill core samples are assayed using 50-grams charge for fire assay with atomic absorption finish and multi-element method MS 61 by ALS laboratory. On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director About Mundoro Capital Inc. Mundoro is a Canadian mineral exploration and development public company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders.  The Company currently holds a diverse portfolio of projects in two European countries as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold project in China. The Company holds eight 100% owned projects in Serbia, the four Timok North Projects are in option to JOGMEC, and the four Timok South Projects are being advanced by Mundoro.  Mundoro’s common shares trade on the TSX Venture Exchange under the symbol “MUN”. For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Caution Concerning Forward-Looking Statements Information included, attached to or incorporated by reference into this News Release may contain forward-looking statements. All statements, other than statements of historical fact, included or incorporated by reference in this News Release are forward-looking statements, including, without limitation, statements regarding activities, events or developments that the Board expects or anticipates may occur in the future. These forward-looking statements can be identified by the use of forward-looking words such as “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “promising”, “encouraging” or “continue” or similar words or the negative thereof. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the Company’s future strategy and business plan and execution of the Company’s existing plans. There can be no assurance that the plans, intentions or expectations upon which these forward-looking statements are based will occur. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, which are not a guarantee of performance and 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, 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 to reflect new information, subsequent events or otherwise, 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 16, 2018, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company") is pleased to provide the exploration work program for 2018 in Serbia for the four licenses being sole funded under the Option Agreement between Mundoro and Japan Oil, Gas and Metals National Corporation ("JOGMEC") at the Timok mining camp in eastern Serbia (see Figure 1: Location Map JOGMEC optioned Licenses). JOGMEC has notified Mundoro that it has budgeted an additional US$1.5 million (~C$1.89 million) for the Exploration Work Program for Year 3 of the Phase 1 Earn-in Option commencing April 2018 to March 2019.  The Year 3 Exploration Work Program will include: Borsko license (see Figure 2: Target Map for Borsko): Follow up drill program to the 2017 drilling; Geophysics that will include a gravity survey and a deep IP survey to further refine the targeting at Borsko; and Further structural analysis with the new data to update on initial structural analysis from 2017. Zeleznik license (see Figure 3: Target Map for Zeleznik): Interpretation of the ground magnetics survey which now covers the entire 55 sqkm of the Zeleznik license; Soil sampling program to cover the remaining 25 sqkm of the license which will result in a soil sampling survey over the entire 55 sqkm: and Drill program to test key targets. Padina license (see Figure 4: Target Map for Padina): Interpretation of several geophysics surveys and structural interpretation has identified four targets one of which will be drill tested by May 2018. Teo Dechev, CEO & President commented: “We are very pleased to continue our partnership with JOGMEC for Year 3 of Phase 1 of the Earn-in for the Timok North Projects.  The joint venture with JOGMEC has successfully drill tested two porphyry systems in the southern portion of the Zeleznik license and in the Borsko license identified undercover mineralization at Target 1 that is indicative of high sulphidation style mineralization. The Year 3 exploration program will continue with a focus on geophysics and drilling.” Borsko to focus on Geophysics and Drilling At Borsko, as the license area for exploration is entirely undercover, our exploration methodology has been to use a combination of systematic exploration including grid soil sampling, structural interpretation, various geophysics surveys including but not limited to: CSAMT, IP, gravity, and magnetics to identify an initial 6 targets on the license area. Due to the general depth of the main contact zone at Target 1, an IP survey commenced in April 2018 designed to reach greater depth. A gravity survey is scheduled to commence by the end of April 2018 to further define structures.  These geophysics surveys are expected to be completed in May 2018.  The geophysical surveys will further refine the structural understanding that control the intersected system.  Our expectation is to commence drilling in mid-2018 with a follow up drill program in the Borsko license. Zeleznik to focus on Interpretation of Geochemistry and Geophysics for Target Development At Zeleznik, geophysics is being used along with geochemistry, structural interpretation, mapping and spectral analysis of alteration to further develop targets.  To date, the systematic exploration program at Zeleznik has identified four main target areas: West Zone, East Zone, Central Zone and North Zone.  The Central Zone and North Zone have yet to be drill tested.  The porphyry systems in the West Zone and East Zone are being evaluated for an initial resource. To further assist with the exploration of the project as a whole, which now includes 55 sqkm (5,500 hectares), a ground magnetic survey over the entire project began in October 2017 and was completed in February 2018. The team is currently conducting a systematic soil sampling program which is expected to be completed in May 2018.   This magnetic data along with the geochemical analysis from the soil sampling program will be used to further define targets. Mundoro and JOGMEC will then use the information to design a drill program to test one of the target areas. Timok South Projects Continue to Receive Interest from Third Parties Mundoro ended Q1-2018 with approximately C$4.7 million in treasury with the Timok North Projects optioned to JOGMEC; and the Timok South Projects, which is the largest contiguous exploration area in the Timok district, available for joint venture.  As such, Mundoro continues discussions with third parties for the Timok South Projects comprising of Sumrakovac, Osnic, Savinac and Bacevica as it is the Company’s continued view to establish partnerships that will generate greater exploration expenditures for drilling targets than would otherwise be available to the projects.  Although there are discussions, the Company cannot provide assurance that a transaction will be concluded as a result of these discussions. The Company will keep the market apprised of material developments. Qualified Person Technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person as defined by National Instrument 43-101. On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director About Mundoro Capital Inc. Mundoro is a Canadian mineral exploration and development public company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders.  The Company currently holds a diverse portfolio of projects in two European countries as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold project in China. The Company holds eight 100% owned projects in Serbia, the four Timok North Projects are in option to JOGMEC, and the four Timok South Projects are being advanced by Mundoro.  Mundoro’s common shares trade on the TSX Venture Exchange under the symbol "MUN". For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Caution Concerning Forward-Looking Statements This News Release contains forward-looking information and statements (“forward-looking statements”) under applicable securities laws. All statements, other than statements of historical fact, included or incorporated by reference in this News Release are forward-looking statements, including, without limitation, the completion of the proposed exploration work on the Timok North Projects and results of that exploration work, the prospect of one or more joint ventures on the Timok South Projects and other statements regarding activities, events or developments that the Company expects or anticipates may occur in the future. These forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe", “promising”, “encouraging” or "continue" or similar words or the negative thereof. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the Company's future strategy and business plan and execution of the Company's existing plans. There can be no assurance that the plans, intentions or expectations upon which these forward-looking statements are based will occur. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, which are not a guarantee of performance and 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, 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 Mundoro undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise, 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. Figure 1: Location Map JOGMEC optioned Licenses Figure 2: Target Map for Borsko Figure 3: Target Map for Zeleznik Figure 4: Target Map for Padina

June 28, 2018, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce mobilization for drilling at the Saje Lead-Zinc Project on the Company's Zvezda license (“Zvezda”). Zvezda is one of two contiguous exploration licenses located in south-eastern Bulgaria in the Rhodopean Region which is part of the Tethyan metallogenic belt. The Saje Lead-Zinc Project is optioned to an arm’s length third party private company (“Private Company”) under an option agreement announced by Mundoro in May 2018. HIGHLIGHTS The drill program at Zvezda will focus on the Saje Lead-Zinc historical mine which was partly exploited through underground workings in the 1980’s and closed in the early 1990’s. The drill program of 1,000 metres in 3 drill holes aims to test: (i) the underground lead-zinc mineralisation at the central portion of the Saje Lead-Zinc historical mine, (ii) confirm the lead-zinc grade and the by-product grades for copper and silver in the historically defined mineralised zones, and (iii) attain knowledge of the style of mineralization and controls of this hydrothermal system. All exploration expenses related to this drill program are being sole-funded by the Private Company. Overview of Saje Lead Zinc Project The Saje Lead-Zinc deposit is located within Mundoro’s 100% owned Zvezda exploration license area. The Saje deposit is a brownfield area that was initially explored in the 1960’s and partly exploited by a government run company from 1984 to 1992 for lead and zinc with by-products of copper and silver. The deposit is hosted in Eocene-Oligocene andesite intruded by monzonite pluton. Several structurally controlled alteration zones with west-northwest elongation have been reported some of which are the main mineralised zones. The width of the zones vary from 1 to 17.8 m and are discontinuously followed for up to 2 km. The mineralisation is represented by galena, sphalerite and chalcopyrite. The mineralisation is hosted within the alteration zones and is of vein, vein-disseminated and breccia type. The historical mine reserves have been estimated along three mineralised zones which were explored in detail.  The remaining alteration zones have not been fully explored.  Historical reserves were estimated in old Soviet style records which are found in the Bulgarian National Geological Fund. The Saje Lead-Zinc deposit is reported to host a historical mineral reserves estimate consisting of 3.9 million tons at 1.83% Pb, 0.7% Zn and 0.16% Cu (category B + C1). The Soviet historical reserve estimate is not compliant with National Instrument 43-101 and is not being treated as a mineral reserve or mineral resource by the Company. The table below summarizes the underground production from the deposit from 1984 to 1992: The historical mineral reserve estimate for the Saje deposit was carried out in 1998 by a Government run company “Gorubso-Kardjali EAD” using the Soviet classification scheme and the polygonal reserve estimate method.  The report which documents the historical reserve estimate is held with the Bulgarian National Geological Fund, who have made it available for public review. Mr. G. Magaranov, P. Geo, a qualified person as defined by National Instrument 43-101 (the “qualified person”) has reviewed this report and verified the contents of the report. However the qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and the issuer is not treating the historical estimate as current mineral resources or mineral reserves. Nevertheless, the Company does not have access to all underlying data and information used to prepare the report, and neither the qualified person nor the Company are able to verify the reliability of the production figures or the key assumptions, methods and parameters used to prepare them. On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director About Mundoro Capital Inc. Mundoro is a Canadian mineral exploration and development public company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders.  The Company currently holds a diverse portfolio of projects in two European countries as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold project in China. The Company holds eight 100% owned projects in Serbia, the four Timok North Projects are in option to JOGMEC, and the four Timok South Projects are being advanced by Mundoro.  Mundoro’s common shares trade on the TSX Venture Exchange under the symbol “MUN”. For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Qualified Person Technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person as defined by National Instrument 43-101. Caution Concerning Forward-Looking Statements This News Release contains forward-looking information and statements (“forward-looking statements”) under applicable securities laws. All statements, other than statements of historical fact, included or incorporated by reference in this News Release are forward-looking statements, including, without limitation, the completion of exploration work on any Projects and licenses and results of that exploration work, the prospect of one or more joint ventures on the Timok South Projects and other statements regarding activities, events or developments that the Company expects or anticipates may occur in the future. These forward-looking statements can be identified by the use of forward-looking words such as “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “promising”, “encouraging” or “continue” or similar words or the negative thereof. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the Company’s future strategy and business plan and execution of the Company’s existing plans. There can be no assurance that the plans, intentions or expectations upon which these forward-looking statements are based will occur. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, which are not a guarantee of performance and 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, 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 Mundoro undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise, 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. Figure 1: Location of Saje Project

July 5, 2018, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce mobilization for drilling at the Borsko Jezero license (“Borsko”).  Borsko is one of the four licenses being sole funded by Japan Oil, Gas and Metals National Corporation (“JOGMEC”) as part of the Amended Earn-in Agreement announced August 2016.  Borsko is located in the central portion of the Timok Magmatic Complex (“Timok”) directly west of Bor copper-gold system.  Timok is one of the most prolific metallogenic domains in the Tethyan Belt. Timok hosts the Cukaru-Peki deposit, and the Serbian state-operated producing mines, the Bor copper porphyry underground mine and the Veliki Krivelj copper-gold porphyry open-pit mine (Figure 1: Location of Borsko). Figure 1: Location of Borsko HIGHLIGHTS The Borsko Phase III drill program is follow-up to the Phase II drill program completed in November 2017 which confirmed extension of advanced argillic alteration discovered at Target 1 beneath 550 m of agglomerate volcanic cover. Two of the Phase II drill holes (17-BJ-11 and 17-BJ-12) at Target 1, demonstrated the hydrothermal alteration and associated epithermal mineralisation remain open in three directions: (i) along strike to the northwest; (ii) down plunge to the northwest, and (iii) to the east-northeast. The Phase III drill program, which is estimated to include 5,000 m of drilling, aims to test: Target 1: lateral extension of the alteration shell and mineralisation intersected in drill hole 17-BJ-11 (15m @ 1.04 g/t Au and 6.9 g/t Ag) further to the east-northeast towards what has now been identified as IP chargeability anomaly (Figure 2 and 3); Target 5: a new target identified to test a shallower and stronger IP chargeability anomaly coincident with magnetic low anomaly at favorable structural intersection located 1,500 m north-northeast of Target 1. Additional targets: identified by both structural interpretation and geophysical programs using CSAMT, ground magnetics, IP-Resistivity and gravity. Completion of drilling is expected in September 2018 with a release of results in November 2018. Teo Dechev, CEO & President of Mundoro commented, “The Borsko license continues to be a focus for the JOGMEC earn-in option due to its structural complexity of intersecting faults, which are coincident with geophysical anomalies, and demonstrated alteration indicative of high-sulphidation and porphyry style systems.  JOGMEC and Mundoro are looking forward to the Phase III drill program to test further Target 1 and the untested Target 5.  As of Q2-2018, Mundoro had approximately $4.7 mln in cash and has two partner funded drill programs currently proceeding.” Overview of Target 1 and Target 5 at Borkso The 2017 drilling program, which focused on testing structural features with geophysical targets, discovered advanced argillic alteration hosted in andesite beneath 550 m of agglomerate volcanic cover at Target 1 (see Figure 3).  The hydrothermal altered andesites are moderate to strongly pyritized and alternate with pervasive silica, vuggy silica, alunite, and cut by hydrothermal breccias.  The advance argillic alteration correlates with a resistivity-high and magnetic-low geophysical anomaly bounded by steep resistivity contacts.  Two of the completed drill holes, 17-BJ-11 and 17-BJ-12, drilled into Target 1 intersected epithermal gold-silver mineralisation of: 1.04 g/t Au and 6.9 g/t Ag over 15 m in 17-BJ-11 (1.15 g/t AuEq) and 0.77 g/t Au and 1.9 g/t Ag over 31.2 m in 17-BJ-12 (0.85 g/t AuEq). A deep Induced Polarization (IP)-Resistivity survey was carried out over Target 1 and Target 5 in order to better define the upper contact of mineralization intersected in the drill holes.  Gravity survey was used to assist CSAMT, magnetic and IP data in defining prominent structures.  The IP-Resistivity survey outlined a chargeable anomaly immediately east of the discovered advance argillic alteration at Target 1 and extending towards the northeast over the untested Target 5 (see Figure 2).  The chargeability-high anomaly at Target 1, correlates with a density contact from the gravity survey, and is interpreted as a possible mineralized structure.  At Target 5 the chargeability-high anomaly correlates with a magnetic-low anomaly which is interpreted as a possible area of magnetic destruction associated with alteration and mineralization. Borsko is ideally situated to cover an area that has a prominent structural corridor with the Ruzana fault, which is running generally north-northwest (“NNW”) through the license and is striking generally parallel to the prolific Bor fault to the east.  At Target 1, the Ruzana Fault splits into horsetail splay structures which coincide with the IP anomaly at Target 1.  Of further interest is the structural features around Target 5, the west-northwest (“WNW”) fault that runs through the area of Target 5 appears to also be cutting through the vicinity of the Bor mine 4 km to the east.  This WNW fault intersects with a NNW fault which is coincident with both magnetic low anomaly and IP-chargeability anomaly. For further description of the Borkso geology see Mundoro’s press release dated December 18, 2017 at www.mundoro.com. Figure 2: IP chargeability anomaly 600m beneath the surface Figure 3: Target 1 - Hydrothermal alteration and IP chargeability anomaly (Line 32) On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director About Mundoro Capital Inc. Mundoro is a Canadian mineral exploration and development public company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders.  The Company currently holds a diverse portfolio of projects in two European countries as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold project in China. The Company holds eight 100% owned projects in Serbia, the four Timok North Projects are in option to JOGMEC, and the four Timok South Projects are being advanced by Mundoro.  Mundoro’s common shares trade on the TSX Venture Exchange under the symbol "MUN". For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Qualified Person Technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person as defined by National Instrument 43-101. 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 the earn-in expenditures and options by JOGMEC; and completion of a definitive joint venture 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 Timok North Properties, 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 30, 2018, Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company“) announces it has entered into an earn-in agreement (“Agreement“) with Freeport-McMoRan Exploration Corporation (“Freeport“), in which Mundoro has granted to Freeport an option to earn-in to Mundoro’s Savinac and Bacevica exploration licenses (the “Freeport-Mundoro JV Project”) located within the southern portion of  the Timok Magmatic Complex (“Timok”) in Serbia.   Timok is one of the most prolific metallogenic domains in the Tethyan Belt. Timok hosts the Cukaru-Peki deposit and the Serbian state-operated producing mines: the Bor copper porphyry underground mine (“Bor Mine”) and the Veliki Krivelj copper-gold porphyry open-pit mine (see Figure 1: Location Map). Teo Dechev, CEO and President of Mundoro commented, “This Agreement is our third partnership in Serbia, which reflects the continued industry interest in Timok, the Tethyan Belt and demonstrates the prospectivity of Mundoro’s land package within this region.  Mundoro has approximately C$4.6 million (US$3.5 million) in treasury, an earn-in agreement with JOGMEC for the Timok North Projects, an earn-in agreement with Freeport for the Freeport-Mundoro JV Project, and an option agreement with a private company for the Saje Project in Bulgaria. Realizing value for our mineral property portfolio of over 10 licenses with multiple targets on various license is one of our corporate priorities.” Summary of Key Earn-In Terms Pursuant to the Agreement, Mundoro has granted to Freeport an option to earn, over two phases, up to a 75% interest in the Freeport-Mundoro JV Project by sole funding expenditures of up to US$45 million (C$59.2 million) as follows: Phase One: Freeport has the right to earn a 51% interest in the Freeport-Mundoro JV Project by sole-funding US$5 million (C$6.6 million) in expenditures by the third anniversary of the Agreement. Mundoro will be the operator of the Freeport-Mundoro JV Project in Phase One. Phase Two: Following Phase One, Freeport has the right, exercisable within 60 days, to elect to enter Phase Two, whereupon it can earn an additional 24% interest in the Freeport-Mundoro JV Project, for a total 75% interest, by sole-funding an additional US$40 million (C$52.6 million) in expenditures (the “Phase Two Option”) by the fifth anniversary of the election date. If Freeport (a) elects not to enter Phase Two, or (b) does not satisfy the Phase Two Option, then Freeport will, for a period of ten (10) years thereafter, pay to Mundoro an annual fee of US$100,000 (C$131,675) in each year in which the annual work program and budget adopted by the joint venture is a work program and budget proposed by Freeport. Additional Terms: The Agreement is subject to: (i) Freeport’s satisfaction with, or waiver of, a due diligence condition; and (ii) the transfer of the Freeport-Mundoro JV Project from a current Mundoro Serbian subsidiary to a special purpose Serbian subsidiary wholly-owned by the joint venture. If either party’s interest in the joint venture is reduced below 10% through dilution, the diluted party’s interest will be converted to a 2% Net Smelter Returns Royalty (“NSR”) of which up to 1% NSR can be re-purchased. Project Information Savinac license Savinac license is a 90 sqkm area that is located 15 km southwest of the Bor Mine. The property contains a significant area of hydrothermal alteration covering 14 sqkm elongated north-south area which hosts epithermal and porphyry targets marked by Cu-Mo-Au-Ag-Pb-Zn geochemical anomalies. The 9 km of hydrothermal alteration is defined in alteration mapping and coincides with an elongate zone of demagnetization of the host volcanic rocks.  Within the hydrothermal alteration, exploration work identified the Tilva Rosh epithermal gold target which contains 12 m of 30 g/t gold and 171 g/t silver.  Drill results from Tilva Rosh identified the continuation of the main north-south trending mineralized structure which strikes towards the north and under a lithocap that remains untested.  The targets identified to date either require further exploration work or remain untested. Bacevica license Bacevica license totals 148 sqkm and is located directly south of the Savinac license. The property contains 8 km of hydrothermal alteration directly linked to the Savinac hydrothermal alteration to the north. Mundoro has completed geological mapping, rock and soil sampling, ground magnetics and tested various targets with shallow, reverse circulation, scout drilling. The targets identified to date either require further exploration work or remain untested. Further Joint Venture Discussions The Company continues to have ongoing discussions regarding potential joint ventures for Mundoro’s two Timok South licenses, Sumrakovac and Osnic, and the licenses in Bulgaria.  Although there are ongoing discussions, the Company cannot provide assurance that a transaction will be concluded as a result of these discussions. On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director About Mundoro Capital Inc. Mundoro is a Canadian mineral exploration and development public company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders.  The Company currently holds a diverse portfolio of projects in two European countries as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold project in China. The Company has earn-in agreements with: JOGMEC for the Timok North Projects, Freeport for the Freeport-Mundoro JV Project, and an option agreement with a private company for the Saje Project in Bulgaria.  Mundoro’s common shares trade on the TSX Venture Exchange under the symbol “MUN”. For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Qualified Person Technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person as defined by National Instrument 43-101. Caution Concerning Forward-Looking Statements This News Release contains forward-looking information and statements (“forward-looking statements”) under applicable securities laws. All statements, other than statements of historical fact, included or incorporated by reference in this News Release are forward-looking statements, including, without limitation, the completion of exploration work on any Projects and licenses and results of that exploration work, the prospect of one or more joint ventures and other statements regarding activities, events or developments that the Company expects or anticipates may occur in the future. These forward-looking statements can be identified by the use of forward-looking words such as “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “promising”, “encouraging” or “continue” or similar words or the negative thereof. The material assumptions that were applied in making the forward-looking statements in this News Release include expectations as to the Company’s future strategy and business plan and execution of the Company’s existing plans. There can be no assurance that the plans, intentions or expectations upon which these forward-looking statements are based will occur. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, which are not a guarantee of performance and 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, 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 Mundoro undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise, 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. Figure 1: Location Map

September 4, 2018, Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company”) reports an update on the Company’s exploration activity and filing of its condensed interim consolidated financial statements for the three and six months ended June 30, 2018 and the related management’s discussion and analysis of financial position and results of operations. Update on Exploration Activity In Serbia, drilling is ongoing at the Borsko license (Figure 1) which is sole-funded by Japan Oil, Gas and Metals National Corporation (“JOGMEC”); this drill program of approximately 5,000 m aims to test: Target 1: lateral extension of the alteration and mineralisation intersected in drill hole 17-BJ-11 (15m @ 1.04 g/t Au and 6.9 g/t Ag) further to the east-northeast towards what has now been identified as IP chargeability anomaly; Target 5: a new target identified to test a shallower and stronger IP chargeability anomaly coincident with magnetic low anomaly at favorable structural intersection located 1,500 m north-northeast of Target 1; and Additional targets: identified by both structural interpretation and geophysical programs using CSAMT, ground magnetics, IP-Resistivity and gravity. In Bulgaria, drilling has been ongoing at the Saje Project, which is sole-funded by a Private Mining Company; approximately 1,000 meters has been completed in three drill holes with assays pending. In Serbia, Mundoro and Freeport-McMoran Exploration Corporation (“Freeport”) are at the planning stage for a field program to commence in Q4-2018 on the Freeport-Mundoro JV Project (Figure 1) which will be sole-funded by Freeport. In Serbia, Mundoro has completed follow up geochemical analysis and ground geophysical surveys to further define the prospective targets on the Sumrakovac and Osnic licenses (Figure 1). Mundoro is planning for a small drill program on the Osnic license in Q4-2018 in order to upgrade the targets. Update on Third Party Discussions Mundoro has entered into the following transactions for its licenses in Serbia and Bulgaria: an earn-in agreement with JOGMEC in which Mundoro has granted to JOGMEC an earn-in option on four of Mundoro’s Serbian exploration licenses: Dubrava, Padina, Borsko Jezero and Zeleznik located within the northern portion of the Timok Magmatic Complex in northeastern Serbia. an earn-in agreement with Freeport, in which Mundoro has granted to Freeport an earn-in option on two of Mundoro’s Serbian exploration licenses: Savinac and Bacevica located within the southern portion of the Timok Magmatic Complex in northeastern Serbia. The earn-in agreement transaction with Freeport is subject to closing conditions as outlined in Mundoro’s press release dated July 30, 2018. an option agreement with a Private Mining Company on Mundoro’s Saje Project located within the Zvezda license in southeastern Bulgaria. The Company continues to have discussions regarding future joint ventures for Mundoro’s two Timok South licenses, Sumrakovac and Osnic, and licenses in Bulgaria.  Although there are ongoing discussions, the Company cannot provide assurance that a transaction will be concluded as a result of these discussions. Corporate Update Highlights of the Company’s quarterly results for the last eight quarters is as follows: Change in Chief Financial Officer The Company is pleased to announce the appointment of Mr. Christopher Wong as Chief Financial Officer of the Company, effective September 1, 2018.  Mr. Wong has over 20 years of experience in financial reporting, corporate controlling and accounting with private and public companies in the natural resources sector and technology sector.  The Company would like to thank Avisar Chartered Professional Accountants and Mr. Anil Jiwani for their professional accounting services to Mundoro for the previous two years. On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director About Mundoro Capital Inc. Mundoro is a Canadian mineral exploration and development public company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders.  The Company currently holds a diverse portfolio of projects in two European countries as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold project in China. The Company has earn-in agreements with: JOGMEC for the Timok North Projects, Freeport for the Freeport-Mundoro JV Projects, and an option agreement with a private company for the Saje Project in Bulgaria.  Mundoro’s common shares trade on the TSX Venture Exchange under the symbol “MUN”. For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Qualified Person Technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person as defined by National Instrument 43-101. Caution Concerning Forward-Looking Statements This News Release contains forward-looking information and statements (“forward-looking statements”) under applicable securities laws. All statements, other than statements of historical fact, included or incorporated by reference in this News Release are forward-looking statements, including, without limitation, the completion of exploration work on any projects and licenses and results of that exploration work, the prospect of one or more joint ventures and other statements regarding activities, events or developments that the Company expects or anticipates may occur in the future. These forward-looking statements can be identified by the use of forward-looking words such as “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “promising”, “encouraging” or “continue” or similar words or the negative thereof. The material assumptions that were applied in making the forward-looking statements in this News Release include expectations as to the Company’s future strategy and business plan and execution of the Company’s existing plans. There can be no assurance that the plans, intentions or expectations upon which these forward-looking statements are based will occur. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, which are not a guarantee of performance and 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, 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 Mundoro undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise, 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. Figure 1: Location Map of Partnership Licenses in Serbia

October 30, 2018, Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company“) is pleased to announce two drill rigs have been mobilized to commence a drill program at the Savinac and Bacevica exploration licenses. The drill program is being sole funded by Freeport-McMoRan Exploration Corporation (“Freeport“) as part of an earn-in agreement (“Agreement“), in which Mundoro has granted Freeport an option to earn-in to Mundoro’s Savinac and Bacevica exploration licenses (the “Freeport-Mundoro Projects”) located within the southern portion of the Timok Magmatic Complex (“Timok”) in Serbia.   In Phase I of the Agreement, Freeport has the right to earn a 51% interest in the Freeport-Mundoro Projects by sole-funding US$5 million (C$6.6 million) in expenditures by the third anniversary of the Agreement.  There is no firm commitment for expenditures in Phase I and Freeport can terminate the Agreement at any time.  Timok is one of the most prolific metallogenic domains in the Tethyan Belt with deposits such as the Cukaru-Peki deposit and the Serbian state-operated producing mines, the Bor copper porphyry underground mine and the Veliki Krivelj copper-gold porphyry open-pit mine (Figure 1: Freeport-Mundoro Project Location Map). Highlights The Year 1, Phase I drill program, which is estimated to include up to 3,550 meters of diamond drilling in six drill holes with two drill rigs, aims to test the following four target areas: Savinac License: Tilva Rosh: epithermal gold target which contains 12 meters of 30 g/t gold and 171 g/t silver from rock chip sampling. Combined drill results from approximately 2,000 meters of drilling in 2014 and 2017 led Mundoro to interpret the epithermal target to be proximal to a copper-gold porphyry system related to a large area of advanced argillic alteration, highlighted with a molybdenum anomaly followed by outwards zones of lead-zinc geochemical anomalies. Markov Kamen: epithermal target identified by several copper-gold-in-soil geochemical anomalies related to a broad zone of argillic and advanced argillic alteration located at the southern portion of the Savinac license. Drilling from 2015, which intersected hydrothermal breccia, massive sulphides and vuggy silica, confirms a high sulphidation style epithermal system of intermediate level controlled by NW structures. Bacevica License: Prekostenski: porphyry copper-gold target identified from geochemical analysis of soil sampling and trench results containing 55 meters of 0.28 g/t gold and 0.21% copper located in the western portion of the Bacevica license. The exploration work identified chalcopyrite-magnetite mineralisation hosted by potassic altered andesite. Orlovo Brd: broad zone of phyllic alteration with gold and copper anomalism that remains partially untested at the central portion of Bacevica license. Teo Dechev, CEO & President of Mundoro commented, “Based on the meters to be drilled, completion of drilling is expected in December 2018 with a release of results expected in February 2019.  We are pleased to initiate as operator the first drill program sole-funded by Freeport one month after closing of the transaction.” Exploration License Summary Savinac license Savinac license is a 90 sq.km area that is located 15 km southwest of the Bor Mine. The property contains a significant area of hydrothermally altered andesitic volcanics covering 14 sqkm elongated north-south belt which hosts epithermal and porphyry targets marked by Cu-Mo-Au-Ag-Pb-Zn geochemical anomalies. The 9 km of hydrothermal alteration is defined in field mapping aided by spectral analysis and coincides with an elongate zone of demagnetization of the host andesitic volcanic rocks.  Within the hydrothermal alteration, exploration work identified the Tilva Rosh epithermal gold target which contains 12 meters of 30 g/t gold and 171 g/t silver.  Drill results from Tilva Rosh identified the continuation of the main north-south trending mineralized structure which strikes towards the north and under a lithocap that remains untested.  The targets identified to date either require further exploration work or remain untested. Bacevica license Bacevica license totals 148 sq.km and is located directly south of the Savinac license. The property contains 8 km of hydrothermally altered andesitic volcanics directly linked to the Savinac belt to the north. Mundoro has completed geological mapping, rock and soil sampling, ground magnetics and tested various targets with shallow, reverse circulation, scout drilling. The targets identified to date either require further exploration work or remain untested. On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director About Mundoro Capital Inc. Mundoro is a Canadian mineral exploration and development public company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders.  The Company currently holds a diverse portfolio of projects in two European countries as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold project in China. The Company has earn-in agreements with: JOGMEC for the Timok North Projects, Freeport for the Freeport-Mundoro Projects, and an option agreement with a private company for the Saje Project in Bulgaria.  Mundoro’s common shares trade on the TSX Venture Exchange under the symbol “MUN”. For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Qualified Person Technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person as defined by National Instrument 43-101. 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 the earn-in expenditures and option by Freeport and completion of a definitive joint venture 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 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. Figure 1: Freeport-Mundoro Project Location Map

October 23, 2018, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce that the previously announced drill program on July 5, 2018 at the Borsko Jezero license (“Borsko”) has been extended by 2,200 meters to a total of 7,200 meters over 7 drill holes. Borsko is one of the four licenses being sole funded by Japan Oil, Gas and Metals National Corporation (“JOGMEC”) as part of the JOGMEC-Mundoro option agreement announced in August 2016. Borsko is located directly west of the Serbian state-operated producing mines, RTB Group’s Bor copper porphyry mine and the Veliki Krivelj copper-gold porphyry mine, all located in the central portion of the Timok Magmatic Complex (“Timok”).  Timok is one of the most prolific metallogenic domains in the Tethyan Belt with deposits such as the Cukaru-Peki deposit and the Serbian state-operated producing mines, the Bor copper porphyry underground mine and the Veliki Krivelj copper-gold porphyry open-pit mine (Figure 1: Borsko Location Map). HIGHLIGHTS The current drill program, which includes approximately 5,000 m of diamond drilling in five drill holes, aims to test: Target 1: lateral extension of the hydrothermal alteration and mineralisation intersected in drill hole 17-BJ-11 (15m @ 1.04 g/t Au and 6.9 g/t Ag) further to the east-northeast is supported by an IP chargeability anomaly; Target 5: a new target identified to test IP chargeability anomaly coincident with magnetic low anomaly at favorable structural intersection located 1,500 m north-northeast of Target 1. Additional targets: identified by both structural interpretation and geophysical programs using CSAMT and ground magnetics within the exploration licence further to the south. The extended drill program, which is estimated to increase by 2,200 m of diamond drilling in two drill holes, aims to further test Target 1 and Target 5 extensions to the north-northwest respectively. Teo Dechev, CEO & President of Mundoro commented, “Due to the increase in drilling meters, we now expect to complete the extended drilling program on Borsko in December 2018 and to announce results in February 2019.   JOGMEC and Mundoro are looking forward to the results of the current drill program at Borsko which has continued to be the focus of drilling activity in the final year of Phase I for the JOGMEC-Mundoro JV Projects.” Overview of Target 1 and Target 5 at Borkso The 2017 drilling program, which was focused on testing structural features with geophysical targets, discovered advanced argillic alteration hosted in andesite beneath 550 m of agglomerate volcanic cover at Target 1.  The hydrothermal altered andesites are moderate to strongly pyritized and alternate with pervasive silica, vuggy silica, and alunite.  The advance argillic alteration correlates with a resistivity-high and magnetic-low geophysical anomaly bounded by steep resistivity contacts.  Two of the completed drill holes, 17-BJ-11 and 17-BJ-12, drilled into Target 1 intersected epithermal gold-silver mineralisation of: 1.04 g/t Au and 6.9 g/t Ag over 15 m in 17-BJ-11 (1.15 g/t AuEq) and 0.77 g/t Au and 1.9 g/t Ag over 31.2 m in 17-BJ-12 (0.85 g/t AuEq). A deep Induced Polarization (IP)-Resistivity survey was carried out over Target 1 and Target 5 in order to better define the upper contact of mineralization intersected in the drill holes.  Gravity survey was used to assist CSAMT, magnetic and IP data in defining prominent structures.  The IP-Resistivity survey outlined a chargeable anomaly immediately east of the discovered advance argillic alteration at Target 1 and extending towards the northeast over Target 5. The extended drilling program aims to further test both targets. Borsko is ideally situated to cover an area that has a prominent structural corridor with the Ruzana fault, which is running generally north-northwest (“NNW”) through the license and is striking generally parallel to the prolific Bor fault to the east.  At Target 1, the Ruzana Fault splits into horsetail splay structures which coincide with the IP anomaly at Target 1.  Of further interest is the structural features around Target 5, the west-northwest (“WNW”) fault that runs through the area of Target 5 appears to also be cutting through the vicinity of the Bor mine 4 km to the east. For further description of the Borkso geology see Mundoro’s press release dated December 18, 2017 at www.mundoro.com. On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director About Mundoro Capital Inc. Mundoro is a Canadian mineral exploration and development public company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders.  The Company currently holds a diverse portfolio of projects in two European countries as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold project in China. The Company holds eight 100% owned projects in Serbia, the four Timok North Projects are in option to JOGMEC, and the four Timok South Projects are being advanced by Mundoro.  Mundoro’s common shares trade on the TSX Venture Exchange under the symbol “MUN”. For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Qualified Person Technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person as defined by National Instrument 43-101. Sampling and Analysis Drill hole orientations were surveyed at approximately 30 metre intervals. Company personnel monitored the drilling, with cores delivered daily to the Company’s core storage facility in the town of Bor, where it was logged, cut and sampled. Core recovery is recorded as 95-100% in most intervals, with the exception of the more intensely tectonized sections. The samples were collected in accordance with the Company’s protocols that are compatible with accepted industry procedures and best practice standards. Most samples through the mineralized intervals were 1 metre in length, up to a maximum 2  metres. In sections of poorly mineralized or unaltered and unmineralised rocks one 2m sample was collected at every 15 meters core. The samples from Phase 3 drilling program were submitted to SGS managed laboratory in Bor, Serbia, for sample preparation and analysis. In addition to the laboratory’s internal QAQC procedures, the Company conducted its own QAQC with the systematic inclusion of certified reference materials every 20 samples, blank samples every 20 samples and field duplicates at every 25 samples. Drill core samples are assayed using 50-grams charge for fire assay with atomic absorption finish and multi-element method 4-acid digestion ICP-AES package IMS40B. 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 the earn-in expenditures and option by JOGMEC and completion of a definitive joint venture 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 Timok North Properties, 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. Figure 1: Borsko Location Map

November 30, 2018, Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company“) is pleased to announce drilling results from the Saje lead-zinc-copper-silver project (“Saje Project”) on the Company’s 100% owned Zvezda exploration license (“Zvezda”).  Zvezda is one of two contiguous exploration licenses located in south-eastern Bulgaria in the Rhodopean Region which is part of the Tethyan Metallogenic belt.  The Saje Project drill program and related work was sole-funded by a private mining company under an option agreement previously announced May, 2018 (“Option Agreement”).  Mundoro has received notice from the private mining company to terminate the Option Agreement.  The Zvezda license continues to be 100% owned by Mundoro through its Bulgarian subsidiary. Teo Dechev, CEO & President of Mundoro commented, “Mundoro has benefited from the model to seek partners to fund certain exploration licenses. The drilling and related work at the Saje Project paid for by the private mining company has met Mundoro’s property commitments and confirmed mineralization of a mineralized zone south of the old mine workings.  New technical data was added without drawing down on Mundoro’s cash.  The Saje Project is a non-core asset with no carrying value in the Company’s balance sheet.  As a result of having a partner fund exploration work, Mundoro conserves its cash and as of the end of Q3-2018, the cash and cash equivalents were approximately $3.5 million. Mundoro will continue to seek establishing joint venture partnerships to fund certain exploration programs.” Saje Project Drill Program Results The aim of this drill program was to confirm the historically reported lead-zinc mineralisation from the Saje deposit which had not been exploited in the past.  The drill results from the drill program at the Saje Project confirm the unmined mineralized zone south of the old underground mine workings.  The drilling confirmed continuation of mineralisation along strike between holes SADD001 and SADD002 which are 150 meters apart and intercepted higher grade results than historical results in these sections. The completed drill program included five inclined diamond drill holes totaling 1972 meters drilled from three drill pad locations (see Figure 1). Drill holes 18_SADD001, 18_SADD004 and 18_SADD_002, 18_SADD005 are “scissor” holes at approximately 180 degrees drilled sub-vertically from the same drill pads (see Figure 2). Drill hole 18_SADD003 is located 260m north-west of 18_SADD002 from the third drill pad location to northwest. The orientation of the mineralized zone is interpreted to be northwest-southeast strike and dips to the southwest along the contact between the basement metamorphic unit and the volcanic units. First four drill holes confirmed the historical mineralisation while drill hole 18_SADD003 did not intersect significant mineralisation perhaps due to late faulting and shifting of the mineralised zone at this part of the deposit. Table 1. Saje Project Summary of 2018 Drill Hole Assay Results Geology and Mineralization The deposit is hosted in Eocene-Oligocene andesitic volcanics intruded by monzonite pluton and subsequently intruded by micro-dioritic sub-volcanic dike-like intrusions. Northwest, dipping southwest normal faults appear to be the main structures related to the mineralisation. Northeast faults are also present and seem to cut the northwest faults however do not displace it significantly. The intersections between the north-west and north-east faults are interpreted to be localizing the mineralisation. Quartz-sericite-pyrite hydrothermal alteration of the andesite is widespread in the central portion of the deposit. The sericitic alteration is overlain by argillic to advanced argillic at the upper levels while at depth transitions to quartz-epidote-chlorite-magnetite alteration related to the micro-diorite. Saje Project mineralisation is hosted in hydrothermal breccia bodies controlled by structures and intrusion contacts. The mineralisation consists of galena-sphalerite-chalcopyrite and forms massive breccia bodies, disseminated mineralisation in breccia matrix or vein-disseminated in the host rock. Most significant mineralisation which constitutes the best intersections is massive hydrothermal breccia bodies intersected in drill holes 18_SADD001, 18_SADD002 and 18_SADD004. Figure 1. Saje Project Geology Map and Drill Hole Locations Figure 2. Cross-section A-A’ of 2018 Drill Holes and Historical Drill Holes For further information on the historical resource of the mine at Sage, please refer to the Company’s press release May 8, 2018. On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director About Mundoro Capital Inc. Mundoro is a Canadian mineral exploration and development public company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders.  The Company currently holds a diverse portfolio of projects in two European countries as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold project in China. The Company has earn-in agreements with: Japan Oil, Gas and Metals National Corporation for the Serbian Timok North Projects, and Freeport-McMoRan Exploration Corporation for the Serbian Freeport-Mundoro Projects.  Mundoro’s common shares trade on the TSX Venture Exchange under the symbol “MUN”. For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Qualified Person Technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person as defined by National Instrument 43-101. Sampling, Analysis and Quality Assurance and Control (QA/QC) Drill hole orientations were surveyed at approximately 60 metre intervals. Company personnel monitored the drilling, with drill core delivered daily to the Company’s core storage facility where it was logged, cut and sampled. Core recovery is recorded as 95-100% in most intervals. The samples were collected in accordance with the Company’s protocols that are compatible with accepted industry procedures and best practice standards at one or two-meter lengths from mineralised intervals and three meter lengths from non-mineralised intervals. The samples were submitted to ALS Laboratory in Izmir, Turkey, for sample preparation and analysis. In addition to the laboratory’s internal QA/QC procedures, the Company conducted its own QA/QC with the systematic inclusion of certified reference materials every 20 samples, blank samples every 20 samples and field duplicates at every 25 samples. Drill core samples are assayed using 50-grams charge for Au-fire assay with atomic absorption finish and multi-element method ME-ICP 41 aqua regia with ICP-AES finish by ALS laboratory. Samples returned above 1% Pb, Zn, Cu were additionally analysed with methods OG-46 or OG-46h. 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 and options by any of 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 any property, project, license or asset, 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 12, 2021, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company) is pleased to announce the appointment of Mr. Stephen Altmann to the Board of Directors (the "Board") of the Company, and Mr. Peter Wong as Chief Financial Officer, effective October 12, 2021. Mr. Altmann holds a Master of Business Administration from McMaster University and an Honors Bachelor of Science (Geophysics) degree from the University of Western Ontario. He is currently a Managing Director of Morrison Park Advisors, an investment banking advisory firm in Toronto, Canada, where he provides strategic advice and financial analysis to mining companies globally in their evaluation and implementation of strategic transactions.  As an investment banker, Mr. Altmann has worked at Canadian and US investment banks where he financed and provided financial and strategic advice, including guidance on mergers, acquisitions, asset sales and purchases, fairness opinions and valuations, and other advisory services to a large selection of domestic and international public companies, primarily in the mining sector. Mr. Wong has over 25 years of extensive financial, development and operational experience, primarily in the mineral resource and renewable power generation sectors.  Mr. Wong’s diverse experience in the mining sector includes operating, development and exploration stage companies and projects, including CFO of the Huckleberry copper mine in BC.  His career began as an auditor at Deloitte and is a designated Chartered Professional Accountant (CPA) as well as a designated Chartered Accountant (CA).  Mr. Wong holds a Bachelor of Commerce degree in Accounting and Management Information Systems from the University of British Columbia. "We are delighted to have Mr. Altmann join the Board and for Mr. Wong to take on his new responsibility as CFO at Mundoro.  We are excited to expand our board as well as the financial and reporting management expertise which aligns well with our corporate goals going forward to grow our generative business model,” said Ms. Teo Dechev, CEO and President. "We thank Mr. Christopher Wong for his past services as CFO and we wish him success in his future endeavors." About Mundoro Capital Inc. Mundoro is a Canadian listed royalty generator company with a portfolio of projects focused on base and precious metals that generate royalties and near-term mineral revenue.  To drive value for shareholders, Mundoro has generated a portfolio of mineral projects primarily focused on copper and gold in Serbia and Bulgaria.  Value generated from our mineral properties is through near term revenues from various forms of payments from partners and long term through the generated royalties. 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. For further information, please visit Mundoro Capital website www.mundoro.com Teo Dechev, Chief Executive Officer, President and Director +1-604-669-8055

December 23, 2021 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company")  is pleased to announce the establishment of a generative alliance (the “Generative Alliance”) between Mundoro and Vale Exploration Canada Inc. (“Vale”), a subsidiary of Vale S.A., focused on generation of new projects with high potential to host porphyry copper and related metals deposits within Arizona and New Mexico, located in the south western United States. Mundoro and Vale have entered into an indicative Term-Sheet in November 2021 and expect to enter into a definitive agreement in Q1-2022. In addition to the Generative Alliance, Mundoro and Vale have entered into a definitive Option Agreement in December 2021 for a property focused on copper porphyry exploration in Arizona according to the commercial earn-in terms identified below. Teo Dechev, CEO and President commented: “We are delighted to establish this generative strategy with Vale in search for new copper projects in the Laramide Belt in the southwest USA.  The Company’s generative strategy in the Laramide Belt will be focused on porphyry and related copper systems similar to our focus for these deposit styles in the Western Tethyan Belt of Eastern Europe. Since our business has focused on the generative approach of directly staking and partnering with mining companies, Mundoro has completed six deals with companies such as JOGMEC, Vale, Freeport, and First Quantum, on various properties in our portfolio in the Western Tethyan in Eastern Europe. Partner funded work programs along with our generative efforts have invested over C$30 million of expenditures which brings value to our stakeholders at the community level of where these funds are invested, to our partners and to our shareholders. This strategic expansion to broaden our exploration to an additional important copper district in advance of increasing copper demand and continued supply constraint fundamentals provides further opportunity for our mining partners and shareholders seeking exposure to copper assets through a well-structured junior resource company. We look forward to the next two years of generative exploration in the southwest USA with Vale.” Commercial Terms Highlights (all dollar amounts in USD). Under the terms of the Generative Alliance, which has an initial term of two years, Vale will annually sole-fund the generative work performed by MUN within the Area of Interest (“AOI”) that consists of the states of Arizona and New Mexico.  Mundoro will be the operator of the exploration activities while Vale sole funds the Work Program and Budget in order to identify projects suitable for designation as Designated Projects.  All generative exploration activities will be guided by a Technical Committee consisting of two members from each company.  Mundoro will earn a Management Fee to operate the Generative Alliance.  Each Designated Project will be covered by a separate option agreement pursuant to which Vale can acquire 100% of the Designated Project through: (i) sole-funding exploration expenditures during the option period, being up to US$1,500,000 over two years or US$2,500,000 over three years, (ii) make property payments during the option period of up to US$500,000 over the three years, (iii) upon completion of the option exercise, make cash payments to Mundoro which combined equate to US$9,000,000 over four milestones starting at an initial resources statement for the Designated Project and ending with receipt of permits and licenses necessary to commence construction, and (iv) as part of the option exercise, grant to Mundoro of a 2% NSR on the Designated Project, which includes annual advance royalty payments of US$200,000 through  to commercial production. Follow our weekly updates on: LinkedIn and Twitter: @Mundoro Mundoro Capital Inc. www.mundoro.com Mundoro is a Canadian listed royalty generator company with a portfolio of projects focused on base and precious metals that generate royalties and near-term mineral revenue.  To drive value for shareholders, Mundoro has generated a portfolio of mineral projects primarily focused on copper and gold in two mineral belts: Western Tethyan belt in eastern Europe and Laramide belt in the southwest USA.  Value generated from our mineral properties is through near term revenues from various forms of payments from partners and long term through the generated royalties. 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. Teo Dechev, Chief Executive Officer, President and Director +1-604-669-8055 info@mundoro.com

November 30, 2017, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce that the previously announced 3000 meter drill program at the Company's Borsko Jezero license (“Borsko”) has been completed with 3990 meters over four drill holes, Figure 1: Plan Map of Drillhole Locations.  The core from the four drill holes has been cut and sampled with all assay results expected by mid-December 2017. Borsko is one of the four licenses being sole funded by JOGMEC as part of the JOGMEC-Mundoro option agreement announced in August 2016. Borsko is located directly west of the Serbian state-operated producing mines, RTB Group’s Borska Reka copper-gold porphyry mine and the Veliki Krivelj copper-gold porphyry mine, all located in the central portion of the Timok Magmatic Complex (“Timok”). HIGHLIGHTS Phase II drilling program was designed to further test for epithermal high-sulphidation copper-gold mineralisation stepping out from the alteration intersected in drill hole BJ-06 and BJ-07. Drill holes 17-BJ-11 and 17-BJ-12 confirmed the extension of the advanced argillic alteration 250 m to the northeast and 100 m to the northwest, respectively. Both drill holes also demonstrated the advanced argillic and argillic zone remains open down plunge to the northwest beyond the vertical depth of 1120 m. Teo Dechev, CEO & President of Mundoro commented, “As a result of the drilling at Target 1 in Borsko in 2017, our exploration team has successfully found the right hydrothermal alteration environment that has the potential to host a copper-gold high-sulphidation epithermal system. The drilling has now extended the alteration zone and with downhole geophysical work to be completed by the end of this year, we will have geochemical and geophysical data as vectors to sulphide mineralization.  The alteration and mineralization we have intercepted in the drill core thus far at Borsko provide support for the project’s potential to host a copper-gold epithermal and porphyry system.” Dechev added, “Mundoro is also currently drilling at Zeleznik, another JOGMEC-Mundoro joint venture project, for a 4500 meter drill program over the West Zone and East Zone to further delineate the mineralization previously intersected in these two zones.  Drilling is expected to be completed around year end with drill results expected in Q1-2018. ” Borsko Drill Program Under this drill program, which began in early August 2017, the Company designed the drill program for four diamond drill holes with an average of depth of 750 m on Target 1.  The projected depth of 750 m was designed to further test for epithermal high-sulphidation copper-gold mineralisation stepping out from the alteration intersected by previously released drill holes (BJ-06 and BJ-07) which began at approximately 580 m depth. Interpretation of the geology and alteration encountered at Borsko to date highlights the lithocap hosted in andesite as the prime target for epithermal high-sulphidation copper-gold mineralisation similar to that of  the Bor (Tilva Rosh) and Čukaru Peki deposits in Timok (see Figure 1: Plan Map of Drillhole Locations) . The Phase II drilling program confirmed the extension of the advanced argillic alteration zone at the depth of 600 m for at least 250 m to the east-northeast (ENE) and at least 100 m to the north-northwest (NNW), as exemplified by drill holes 17-BJ-11 and 17-BJ-12 respectively. The advanced argillic zone transitioned to argillic at depth and remains open down plunge to NNW beyond the vertical depth of 1120 m, where drill holes were terminated due to the drill rig capacity. The advanced argillic altered andesites are moderate to strong pyritized, with locally exceeding 30% fine-grained sooty pyrite, and alternates with pervasive silica, vuggy silica, alunite and hydrothermal breccias, all of which are common features for the high-sulphidation epithermal systems (see pictures of core in Section A-A and Section B-B). Mundoro considers the presence of fine-grained semi-massive pyrite mineralisation at Borsko as an important vector to copper-gold bearing sulphide mineralisation similar to that of the Bor (Tilva Rosh) and Čukaru Peki deposits.  A documented feature of these known deposits in the region, is zoned mineralisation in massive sulphides from dominant pyrite to pyrite-chalcopyrite and to chalcopyrite-covellite copper ore mineralisation. In order to locate and discriminate massive sulphide conductors that might correspond with the sulphide mineralisation, borehole electromagnetic (EM) Geophysics is planned to take place in November and December. The downhole EM survey is expected to provide information of depth, size, conductance, and orientation of a conductor in 3-Dimensions and assist in designing  future drill programs at Borsko. The Borsko drill program to date partly tested the first two of six targets generated by the 2016 exploration program. The targets were generated based on structural analysis carried out in the area, as well as, strong resistivity (CSAMT) geophysical anomalies that correspond with ground magnetic features and copper-gold in soil anomalies. Comments on Individual Drillholes 17-BJ-11 and 17-BJ-12 Both, drill hole 17-BJ-11 (collared 530 m east-northeast of BJ-07) and drill hole 17-BJ-12 (collared 100 m north-northwest of BJ-07) intersected broad intervals, exceeding 400 m, of moderate to strong quartz-kaolinite-dickite-pyrite altered andesite right beneath a cover of agglomerate and confirmed the extension of the previously announced advanced argillic alteration further to the ENE and NNW, respectively. Intervals of cream-colored silica cut by irregular veinlets and patches of semi-massive pyrite, as well as, vuggy residual quartz and subsidiary alunite were observed. A significant interval for 159.4 m of hydrothermal breccia with fine-grained locally sooty pyrite mineralization and silica in matrix was intersected from 658.6 m at drill hole 17-BJ-12. Both drill holes 17-BJ-11 and 17-BJ-12 were terminated in argillic altered andesite containing disseminated pyrite and anhydrite veins suggestive for down plunge extension of the alteration to the NNW. 17-BJ-09 Drill hole 17-BJ-09 was collared 400 m west-southwest of BJ-07, and planned as a step-out hole, intersect agglomerates from surface to end of the hole at depth of 749.9 m. At interval from 634 m to 686 m (52m) of patches of native copper were observed, suggestive for distal type of mineralisation to that of the main system of alteration intersected in BJ-07 and BJ-06 and 17-BJ-11 (Section A-A).  Hence this hole has been interpreted to be distal to the current system of interest for targeting and future drilling would focus on the alteration system towards the ENE and NNW. 17-BJ-10 Drill hole 17-BJ-10 was collared 400 m to the south-southeast of BJ-07 and intersect agglomerates with bands of andesite-basalt downwards to the end of the hole at 849 m, similar to those observed in drill holes BJ-07 and 17-BJ-12 just above the lithocap. Horst-graben type of structures along east-west set of faults were interpreted and based on drill core measurement probably caused consecutive drops down of the blocks to the south. Due to such movements, drill hole 17-BJ-10 probably remains shallow in order to test the extension of the lithocap to the south. Drill hole 17-BJ-10 was collared on the same structural corridor as BJ-07 and 17-BJ-12 and was targeting similar geophysical anomaly as BJ-06 and BJ-07 (Section B-B). Table 1 – Borsko Diamond Drill Hole Details: Key information for the above 6 diamond drill holes, arranged by hole number, is reported below. Refer to drilling plan for location of holes and sections. Description of Target at Borsko The Borsko license is located in the Timok Magmatic Complex which is one of the most prolific metallogenic domains in the Tethyan Belt. The geological units in this licence area consist of Upper Cretaceous volcano-sedimentary successions, predominantly andesite and pyroclastics.  Target 1 at Borsko is approximately 4 km west of the Bor mine and approximately 7 km northwest of the Cukaru Peki deposit which are both documented to host high sulphidation systems.  The interpretation of Borsko geology along with models of known deposits in the district highlights the uppermost part of the lithocap, immediately below the less-altered volcanic sequence, as the prime target for any high-sulphidation copper-gold orebodies of Bor (Tilva Rosh) and Čukaru Peki type. Any such massive sulphide bodies are likely to lie within the footprint of the underlying porphyry copper-gold centre. The 2017 drilling at Borsko shows that an advanced argillic lithocap underlies 550 m of weak-altered agglomerate volcanic rocks, which were in existence at the time the advanced argillic alteration took place. The advanced argillic altered andesites at Borsko are moderate to strong pyritized and alternates with pervasive silica, vuggy silica, alunite and hydrothermal breccias, all of which are common features for the high-sulphidation epithermal systems. Qualified Person Technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person as defined by National Instrument 43-101. Sampling and Analysis Drill hole orientations were surveyed at approximately 30 metre intervals. Company personnel monitored the drilling, with cores delivered daily to the Company’s core storage facility in the town of Bor, where it was logged, cut and sampled. Core recovery is recorded as 95-100%  in most intervals, with the exception of the more intensely tectonized sections. The samples were collected in accordance with the Company’s protocols that are compatible with accepted industry procedures and best practice standards. Most samples through the mineralized intervals were 1 metre in length, up to a maximum 2  metres. In sections of poorly mineralized or unaltered and unmineralised rocks one 2m sample was collected at every 15 meters core. The samples were submitted to ALS Laboratory in Bor, Serbia, for sample preparation and analysis. In addition to the laboratory’s internal QA/QC procedures, the Company conducted its own QA/QC with the systematic inclusion of certified reference materials every 20 samples , blank samples every 20 samples and field duplicates at every 25 samples.  Drill core samples are assayed using 50-grams charge for fire assay with atomic absorption finish and multi-element method MS 61 by ALS laboratory. On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director About Mundoro Capital Inc. Mundoro is a Canadian mineral exploration and development public company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders.  The Company currently holds a diverse portfolio of projects in two European countries as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold project in China. The Company holds eight 100% owned projects in Serbia, the four Timok North Projects are in option to JOGMEC, and the four Timok South Projects are being advanced by Mundoro.  Mundoro’s common shares trade on the TSX Venture Exchange under the symbol “MUN”. For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 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 the earn-in expenditures and options by JOGMEC; and completion of a definitive joint venture 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 Timok North Properties, 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.