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.

June 27, 2017, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company") is pleased to provide an update on exploration results at the Zeleznik Property (“Zeleznik”) which is one of the four subject properties currently being sole funded by the Japan Oil, Gas and Metals National Corporation (JOGMEC) as part of the JOGMEC-Mundoro joint venture announced in March 2016 (see press release March 7, 2016).  Zeleznik is located at the northern end of the Timok Magmatic Complex in northeastern Serbia; the license is north of the state-owned Majdanpek copper-gold mine ( Figure 1: Location Map of Timok North Projects). Teo Dechev, CEO & President of Mundoro commented, “Following up on the 2016 drilling campaign at Zeleznik, our team has extended the copper-gold-molybdenum-in-soil anomaly an additional 500 meters along strike at the West Zone and East Zone.  There are two distinct porphyry zones at the southern portion of the license comprising the drill defined, West Zone which is dominantly a copper-gold-molybdenum porphyry, and East Zone which is a copper-gold porphyry with related skarn mineralisation.  Mundoro will be providing news flow in the second half of the year on the Phase III drilling program. Phase III drilling is designed to establish volume and grade for a potential inferred resource through a fence drilling program with both delineation and step-out drilling at the two porphyry systems in the West Zone and East Zone along with target testing the newly extended copper and gold soil anomalies.” Extension of Copper-Gold-in-Soil Anomaly In Q2-2017, Mundoro completed a soil sampling program over the southern extensions of the West Zone and East Zone targets in order to follow-up the open soil anomalies.  Over 500 additional samples were collected at a 100 m x 50 m resolution grid covering an area of approximately 2.2 sq.km (Figure 2: Zeleznik East Zone and West Zone - Copper Soil Results). The West Zone copper soil anomaly was extended 500 m along strike outlining an area of 1170 m x 600 m grading above 200 ppm copper with a central core area of 770 m x 450 m grading above 500 ppm copper. As a result the size of the initial copper-gold porphyry related soil anomaly  approximately doubled. The copper soil anomaly overlaps with a significant gold anomaly above 50 ppb gold, molybdenum anomaly above 10 ppm and is rimmed by lead-zinc soil anomalies.  This geochemical zonation of elements is indicative of porphyry systems. The East Zone copper soil anomaly was also successfully extended to the south by 300 m along strike. Most significant here is the gold-in-soil anomaly which delineates an area of 700 m x 400 m grading above 50 ppb gold. A copper-in-soil-anomaly overlaps the gold anomaly and is in the range of 100 ppm to +200 ppm copper. Lead-zinc soil anomalies of the East Zone target overlap with the gold-copper anomalies reflecting the skarn type mineralisation related to the porphyry. The Company is currently conducting detailed mapping and rock geochemical sampling over the newly extended area of soil anomalies to the south. Zeleznik West Zone and East Zone Drilling To-date To date Mundoro has completed two phases of drilling at the Zeleznik East Zone and West Zone. In Q4 2014, Mundoro conducted the Phase I drilling program comprised of six inclined diamond drill holes totaling 1000 m, three on the West Zone and three on the East Zone.  These drill holes were in follow up to the mapping, trench sampling, geophysics and soil geochemical work completed throughout the year in 2014 (see May 1, 2014 and January 13, 2014 press releases).  This first pass drilling was designed to test surface copper-gold mineralization at the West Zone and East Zone targets. Three drill holes were drilled at each zone successfully demonstrating copper-gold mineralization below the respective surface geochemical anomalies at both the West and East Zones. In Q3 2016, Mundoro conducted the Phase II drilling program comprising an additional six inclined drill holes totalling 3000 m,  three on the West Zone and three on the East Zone.  This program successfully intersected copper-gold mineralisation at both zones and expanded the extents of the mineralised envelopes. Summary of West Zone Interpretation Work to date supports the interpretation that there is a large volume of low grade halo of mineralisation hosted in gneisses with higher grades related to potassic altered diorite porphyry dikes containing stockwork veining with pyrite-chalcopyrite. The mineralisation remains open in all directions and based on interpretation of drilling results, part of the focus of further exploration work is to fence drill the higher grade bearing porphyry dikes to determine volume and  grade for a potential inferred resource. Summary of East Zone Interpretation Work to date demonstrated that an adjacent limestone unit is thicker to the east and the best mineralised intersections remain within the upper 200 m. Controlling structures and the andesite-limestone contacts appear to dip to the west.  The East Zone remains open laterally to the north and south as well as to the west under a thinner limestone cap.  The widely spaced Phase I & II drilling to-date has furthered the understanding of the targets and based on interpretation of the drilling results, a follow-up program of fence drilling has been planned for the second half of 2017. Next steps In the coming months the Company will be announcing a Phase III drill program to be conducted in the second half of 2017.  The goal of the Phase III drill program will be to build on the drill hole database in an effort to establish volume and grade for a potential inferred resource through both delineation and step-out drilling, as well as target testing the strike extension of the copper-gold in soil anomaly recently delineated in Q2-2017. On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 About Mundoro 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". About JOGMEC The Japan Oil, Gas and Metals National Corporation (JOGMEC) was established in February 2004, following the integration of the former Japan National Oil Corporation (JNOC) and Metal Mining Agency of Japan (MMAJ).  It is a corporation under the Japanese Ministry of Economy, Trade and Industry (METI), with a mandate of investing in developing minerals projects worldwide to help secure a stable supply of natural resources for Japanese industry. Sampling and Analysis Soil samples were collected from “B” horizon of the soil media by hand digging a hole from 0.1 to 0.5m. Material of ~500 grams was collected, sealed and send directly to the ALS laboratory in Bor. Samples were dried at <60°C/140F, sieve sample to -180 micron (80 mesh) and assayed using 30gram fire assay with atomic absorption finish and ME-MS41L - 51 elements by aqua regia acid digestion and a combination of Drillhole orientations were surveyed at approximately 50 meters intervals. Drill core was collected from drill sites by the Company’s geologists and processed and sampled at the Company’s core shed according to industry best practice standard procedures. Samples were collected as half PQ or HQ core at one or two meter lengths from mineralised intervals and three meter lengths from none mineralised intervals. Where necessary the sampling lengths were adjusted to reflect the geological boundaries. All samples are assayed for gold using 50 gram fire assay with atomic absorption finish and ME-ICP61 33 elements four acid ICP-AES by ALS Laboratories in Serbia, Romania and Ireland. The entire sample was crushed to 2mm, then split off a 1 kg sample and pulverized the split to better than 85% passing 75 microns. Quality Assurance and Quality Control procedures include the systematic insertion of standards, blanks and duplicates into the sample streams. Duplicate core samples are taken every 25 samples and standards and blanks are inserted after every 20th sample. All data collected from detailed logging and assay results from the laboratories are routinely verified and entered in an Access database. Qualified Persons The technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., who is a 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.

June 13, 2017, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company") announces that it has granted options to acquire a total of 1,144,500 common shares of the Company to employees, consultants, officers and directors at the exercise price of $0.17 per share for a period of five years based on the closing price of the Company's shares on the TSX Venture Exchange on Monday, June 12, 2017. 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. 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.

June 7, 2017, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce the results from drilling at the Borsko Jezero license (“Borsko”).  Borsko is one of the four licenses part of the JOGMEC-Mundoro option to earn-in agreement announced in August 2016. Borsko is located directly west of the Serbian state-operated producing 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”).  See Figure 1 - Location Map of Borsko Drill Targets. Teo Dechev, CEO & President of Mundoro commented, “We are strongly encouraged by the alteration and mineralization we have intercepted in the drill core thus far at the Borsko license and that the results to date from the initial drill holes provide support for the project’s potential to host a copper-gold epithermal and porphyry system.  We are planning, along with our partner JOGMEC, for further drilling  at Borsko in the second half of 2017.” Borsko Drill Program Overview The Borsko drill program tested the first two of six targets generated by the 2016 field program (Figure 1 - Location of Borsko Drill Targets). For the 2016 field program, Mundoro carried out a soil sampling program over the central portion of the license to follow up on high copper-gold stream sediment anomalies which could not be explained by previous prospecting and rock sampling. The soil sampling results returned significant copper-gold anomalies which remain open to the north and south. Follow-up field work revealed association of some of the soil anomalies with altered dike contacts, discrete quartz stockwork veinlets and fine grained sulphides related to fault-fracture zones.  Mundoro conducted ground magnetic and CSAMT surveys,structural analysis and limited trenching over certain soil anomalies.Geology Interpretation of Borsko License Area The Borsko license is located in the Timok Magmatic Complex which is one of the most prolific metallogenic domains in the Tethyan Belt. The geologic units in this licence area consist of Upper Cretaceous volcano-sedimentary successions, predominantly andesite and pyroclastics. Generally considered the most prospective geological units, the Phase 1 hornblende porphyry andesite occupies the easternmost boundaries of the Borsko license and dips moderately to southwest under the andesitic flows and interflow breccias and pyroclastic rocks of the second phase(?). The H1-2017 drill holes are located approximately 2.5 kilometers west of the Bor group of copper-gold deposits which include high sulphidation epithermal mineralization such as the historical Tilva Rosh deposit which has been mined out and reported to have been intersected in the uppermost 30m meters of the lithocap. The interpretation of Borsko geology summarised above 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 and Čukaru Peki type.  Any such massive and/or stockwork sulphide bodies are likely to lie within the footprint of the underlying porphyry copper-gold centre. The H1-2017 drilling at Borsko shows that an advanced argillic lithocap underlies 550 m of little-altered andesitic volcanic rocks, which were in existence at the time the advanced argillic alteration took place.  The lithocap is weakly mineralized but, importantly, the highest copper and gold assay values lie immediately beneath its top, which is the equivalent stratigraphic position of the Bor and Čukaru Peki high-sulphidation copper-gold orebodies with respect to their associated lithocaps. Hole BJ-07 exits the lithocap at depth and intersects pyrite-bearing propylitic alteration, which is interpreted to be the outer halo of a porphyry copper-gold centre. Additional holes are planned in order to search for high-sulphidation orebodies at the top of the Borsko lithocap. Target 1 - See Figure 2 - Cross Section of Target 1 Drill hole BJ_06, which tested one of the newly generated drill targets at Borsko successfully demonstrated that a potentially mineralised system exists under overlying andesitic flows.  This drill hole targeted an interpreted blind system at Target 1.  Targeting was based on geophysical data and geological interpretation. The hole was completed at a depth of 821.6 m. BJ_07: Based on the visual inspection of BJ_06, Mundoro and JOGMEC determined to extend the drill program to further test Target 1 with a follow up drill hole, BJ_07, up to 1300 m length. Target 2 - See Figure 3 - Cross Section of Target 2 BJ_08: This diamond drill hole was designed to test Target 2 with a planned depth of 700 m.  Based on visual inspection of the core, Mundoro and JOGMEC determined to extend the drilling to 1,000 m. Target 2 was based on geophysical data and structural interpretation in relation to surface geochemistry and hydrothermal alteration. Table 1: Borsko Drill Holes Observations From surface to 585 m, cut through a package of weak but pervasively altered to  chlorite-smectite, lacking pyrite  andesitic flow and interflow breccias; At 585 m the drill hole abruptly entered advanced argillic mainly kaolinite  lithocap  containing disseminated pyrite increasing at depth. From 625 m to 767 m (142 m) the drill hole entered pervasively silicified andesite volcanics containing semi-massive pyrite, vuggy silica and breccia zones. The breccias are polymictic and relatively late stage. From 762.6 m to 767 m such breccia contains 4.4m @0.27 g/t Au, 5.46 g/t Ag; including 0.6m @ 0.8 g/t Au, 24.3 g/t Ag and 0.18% Cu. From 765 m to end of the hole at 821 m, the drill hole transitioned to advanced argillic altered partly brecciated andesitic volcanics containing more dickite with occasional sericite-pyrite and semi-massive pyrite implying increased temperature. From surface to 580 m, intersected  a package of weak but pervasively altered to  chlorite-smectite, lacking pyrite  andesitic flow and interflow breccias; From 580 m to 1132 m (552 m) the drill hole entered advanced argillic quartz-kaolinite  lithocap as in drill hole BJ-06. In the lithocap, quartz-kaolinite-pyrite transitions downwards at around 1100 m to quartz-kaolinite-dickite-pyrophyllite-pyrite implying increased temperature. Pyrite is fine-grained locally sooty (melnikovite) and occurs in disseminated and semi-massive pods rather than veinlet form. The lithocap is locally overprinted by 1-5 m intervals of cream-colored silicification cut by irregular veinlets and patches of massive pyrite. Vuggy residual quartz and subsidiary alunite are also observed locally. From 1032 m enargite-pyrite mineralisation is observed in an interval 6.2m containing 0.26 g/t Au, 2.6 g/t Ag, 0.2% Cu including 1.4m with 0.6 g/t Au, 0.23% Cu  and 0.7 m with 0.14 g/t Au, 0.6% Cu. From 1132.5 m to the end of the drill hole at 1302 m, the lithocap is transitional to propylitic alteration in which magnetite is preserved and pyrite contents are much less. The transition zone contains remanent chlorite but lacks epidote that defines the underlying propylitic zone. From surface to 509 m, drilled through alternating andesitic  agglomerate and andesite tuff weakly chlorite-smectite altered. From 509 m to 615 m drill hole continued through sedimentary package of marl and conglomerates layered with andesite tuff. From 615 m to 682 m, the drill hole intersected unaltered coarse-grained hornblende andesite (‘Phase 1 andesite’). From 682 m  to the end of the drill hole 1002  m, the drill hole continued in weakly chlorite-smectite altered hornblende andesite and andesitic breccia with trace of chalcopyrite-pyrite mineralised clasts at 695.5 m and 749.6 m. At 942.4m the drill hole cut through  interval  with covellite mineralisation which returned 0.9m @ 0.83 g/t Au and 2.63% Cu. Table 2: Assay Results of Borsko Drilling 1. Analysis by ICP-AES using 0.5 g aliquot for samples containing less than 1% copper, by AAS forsamples containing 1 – 11% copper, and by ICP-AES using 0.1 g aliquot for samples containing >11%copper. 2. Analysis by fire assay with gravimetric finish for samples containing greater than 3 g/t gold, and byfire assay with AAS finish for samples containing less than 3 g/t gold.3.The copper equivalent (CuEq%) is calculated from the formula CuEq = (%Cu) + <(g/t/aueq) x (1/31.1035) x ($/ozau)> ÷ <(22.0462) x ($/lbcu)> 4. The gold equivalent is calculated from the formula AuEq = (g/t/Au)+<(%cu) x (22.0462) x ($/lbcu)> ÷ <(1/31.1035) x ($/ozau)>. 5. All thicknesses from intersections from drill holes are down-hole drilled thicknesses. At this early stage of exploration for a high-sulphidation epithermal and porphyry system at depths typical of the Timok, it is not possible at this time to determine the orientation of the mineralized zones, or to estimate their true thickness. Next Steps The Company is preparing a follow up drilling program for the second half of 2017.  Based on the data collected in this most recent drill program and the associated analysis and interpretation, the Company and its partner JOGMEC, believe that Borsko has strong potential to host high sulphidation and porphyry style copper-gold mineralisation.  Mostly notably, the prospective lithocap horizon discovered through this program is directly analogous with the host horizons at the Bor underground high sulphidation deposits and Cukaru Peki discovery. JOGMEC-Mundoro Option to Earn-in Agreement In July 2016, the Company amended its binding interim agreement (the “Interim Agreement”) with Japan Oil, Gas and Metals National Corporation (“JOGMEC”) and granted to JOGMEC an earn-in option on four of Mundoro’s exploration licenses: Dubrava, Padina, Zeleznik and Borsko Jezero (the “Timok North Projects”) located within the Timok Magmatic Complex in northeastern Serbia. JOGMEC has the option to earn a 51% interest in the Timok North Projects by making US$4 million in expenditures within three years (March 2019) (“Stage One Earn-in”). JOGMEC has completed its commitment to expend US$1 million of this amount by March 2017. Following the Stage One Earn-in, JOGMEC has a right to acquire an additional 24% interest in the Timok North Projects, for a total of 75% interest, by funding the completion of a Feasibility Study (up to US$32 million) by the eighth anniversary of the Interim Agreement (March 2024) (“Stage Two Earn-in”). On completing the Stage Two Earn-In, JOGMEC will have a right, exercisable for a period of 60 days, to purchase an additional 5% interest in the Timok North Projects from Mundoro, for a total of 80% interest. 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. QA/QC, 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. 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.

May 12, 2014, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company") is pleased to provide an update on its exploration activities at its 100% owned properties located in the Rhodopean region in the Republic of Bulgaria (“Bulgaria). The Company’s two mineral exploration licenses Zvezda and Byalo, are located in a well-known mineral district that is underexplored for epithermal low sulphidation gold-silver veins, as well as disseminated, sediment hosted gold and porphyry copper-gold deposits. Exploration at Zvezda and Byalo, focused on compilation of historical data and analysis of geochemical results from soil and rock sampling programs undertaken by the Company in H2-2013. Zvezda The Zvezda license covers an area of 161 sq. km, and is designated as brownfields exploration due to its proximity to an adjacent gold mine.  Historical mining and previous exploration in the area was searching for lead, zinc, and silver mineralization. During the 2013 exploration program, the company completed stream sediment screening of the area, initial rock and soil sampling surveys, and mapping and prospecting of known mineral occurrences. The 2014 exploration program will continue to compile historical data and analyze initial field work results in order to facilitate target prioritization. The project area boasts historical data from a total of 562 drill holes, which have been digitized and compiled.  The company is in the process of integrating the data with Mundoro’s earlier exploration results so that a comprehensive database may be created for target generation. Significant results from recent field programs includes numerous multi-element anomalies (Au-Ag-Cu-Mo-Pb-Zn-Sb-As) which were partly followed-up this season. The anomalies successfully confirmed known mineral occurrences and highlighted new areas of interest. To date nine streams have returned very high Au anomalism in ranges from 0.2 to 1.04 ppm Au. Reconnaissance soil sampling surveys were completed over the central and northern parts of Zvezda and the southern part of the Byalo licenses in order to follow-up on known mineral occurrences and selected stream sediment anomalies. A total of 917 samples were collected and results delineated several anomalous areas which require in-fill sampling and follow-up exploration. The most significant results from this work include a 3.5 km by 1 km Au and Ag anomaly which starts south of the Chala Au mine and passes through the Eplika Au vein prospect continuing to the south-east and the Intrusion area which is highlighted by a 1000 m by 800 m Cu-Mo-Ag±Au in soil anomaly. Copper anomalism ranges from 150 ppm to 489ppm, moly up to 202 ppm, silver up to 1.23ppm and elevated gold up to 0.010 ppm.  The central Cu-Mo anomaly is rimmed by Pb-Zn and grades outwards to As-Sb, demonstrating zoning indicative of a porphyry target. Byalo The Byalo license covers a 161 sq.km area and is directly adjacent to the northern area of the Zvezda license.  Since acquiring the Byalo license in October 2013, the Company has compiled available historical data including a total of 97 drill holes. As with the Zvezda license, this data will be integrated with Mundoro’s exploration results for target generation. The Company plans to follow-up on the existing geochemical anomalies, as well as the historical drill results on the property, starting in Q2-2014. Chuprene Mundoro  has entered an agreement (the “Agreement”) to purchase the Chuprene Exploration Permit (the “Chuprene”) located in north-western Bulgaria close to the border with Serbia, from the current permit holder who is an arm’s length private third party (the “Holder”).  The Permit comprises 19,920 hectares in an area with known copper and copper-gold occurrences. In consideration of the transfer of the Permit, the Company will make an upfront payment to the Holder of 350,000 common shares of Mundoro at a deemed price of C$0.30 per share upon closing of the transaction.  In the event that the Company files a NI 43-101 compliant resource with respect to Chuprene, identifying at least 1,000,000 ounces gold-equivalent in the Measured and Indicated resource categories, the Company will have the option to either (i) issue an additional 3,500,000 common shares of Mundoro or (ii) pay one million in cash to the Holder.  The Holder will retain a 10% Net Profit Interest royalty in Chuprene which can be repurchased by the Company for C$1,000,000 at any time. The transaction is subject to regulatory and TSX Venture Exchange approvals as well as customary closing conditions.  The transaction is expected to close in mid-2014. Chuprene is located in the Late Palaeozoic Belt of north-west Bulgaria which is host of numerous copper-gold, lead-zinc-silver and poly-metallic gold-silver deposits mined underground in the early twentieth century. The exploration area contains several Cu-Au occurrences which have been exploited since ancient times. Most significant is the Chuprene Cu-Au occurrence which was explored in late1940’s and which had historical production of 30,000 t of ore at grades of 6-8% Cu. The geology of Chuprene is made up of green schist metamorphic rocks and meta-volcanics cut by granitoids. Structural network is complex with numerous faults – normal, thrust and reverse. Recent exploration work undertaken is stream sediment sampling followed by prospecting and rock sampling. Rock grab sampling have returned encouraging high grade gold results such as 2.64 g/t Au, 2.91 g/t Au and up to 16.7 g/t Au. Quartz vein sample returned 3 m @ 2.41 g/t Au, 110 g/t Ag and 0.56% Cu. Chuprene is underexplored by modern methods with potential for discovery of high sulphidation copper-gold, sediment hosted gold and intrusion related gold-silver deposits. Sampling and Analysis in Zvezda and Byalo All trench and rock intercepts were obtained from continuous channel sampling at 2 m intervals. All samples are assayed using 50 gram fire assay with an atomic absorption finish by ALS Bor, Serbia. Quality Assurance and quality control procedures include the systematic insertion of standards and duplicates into the sample streams. Field duplicate samples are taken every 25 samples and standards and blanks are inserted after every 20th sample. All data collected in the field and assay results from the laboratories are routinely verified and entered in an Access data base. Soil samples were collected from the “B” horizon of the soil media by hand digging a hole from 0.1 to 0.5m. Material of ~500 grams was collected, sealed and send directly to the ALS laboratory in Bor. Samples were dried at <60°C/140F, sieve sample to -180 micron (80 mesh) and assayed using 30 gram fire assay with an atomic absorption finish. The technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., the 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 well-funded, Canadian based, company focused on mineral acquisition, exploration, and development. Our primary focus is advancing our properties on the Tethyan Belt in Southeastern Europe.  Mundoro has methodically acquired a district-scale land position on this prolific mineral belt which hosts significant Gold-Copper porphyry and related epithermal deposits. Our strong project pipeline, which also includes assets in Mexico and China, is positioned to drive long-term, sustainable growth in order to attain production and shareholder return. 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" 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. Contact Information For further information please contact Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 or Michelle Roth, Roth Investor Relations at +1-732-792-2200.

April 15, 2013, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce the completion of the NI 43-101 technical report for the Company's 100% owned Borsko Jezero copper-gold property, located in Bor, Serbia. The Borsko Jezero property is within the Timok Magmatic Complex (TMC) and is situated directly west of the Bor Mine and directly north of the Reservoir/Freeport McMoran JV Timok Project. Teo Dechev, CEO and President of Mundoro commented, "The exploration program on Borsko Jezero has identified seven anomalies starting at approximately 200 m in depth and are well defined up to 800 m. We are following up these anomalies with Induced Polarization (IP) to test for a chargeability response related to a mineralized body at depth. We anticipate generating our first drill targets at Borsko Jezero by the end of May 2013. Our initial drill program will total 4,000 meters to test the seven targets. The results detailed in our technical report are another example of the importance of the TMC and how prospective the region is." TOPLA AND DUBRAVA-OSTRELJ PROPERTIES (100% OWNED) AMT SURVEY ONGOING At the Topla and Dubrava-Ostrelj licenses, located east and south-east of Bor mine (see Figure 1) respectively, an AMT survey is ongoing. First pass reconnaissance stations are designed along east-west profile lines spaced 1000 m apart. Measurements are being taken every 500 m along the profile lines. Selected areas which show promising anomalies will be filled in at 500 m profiles and 250 m measurements. Total of 121 stations have been planned for the first phase with 35 collected to date. Southern Timok Properties Exploration Results Simultaneous to the current geophysical surveys at Borsko Jezero, Topla and Dubrava-Ostrelj, the Company continued with its data compilation and field exploration at the recently granted southern Timok properties. At Sumrakovac, initial prospecting and rock channel chip sampling of altered and mineralized andesite outcrops yielded: 23 m @ 0.72 g/t Au; 0.1% Cu including 3m @ 1.21 g/t Au, 20 m @ 0.2 g/t Au; 0.1% Cu. At Savinac, single rock samples from silicified andesite breccia returned 8.19 g/t Au with anomalous Ag and Pb. Mapping and trenching is underway in an area approximately 1000 m strike by 600 m width to follow up the high grade Au sample. The area was defined by a previous owner but never drill tested. At our Bacevica license, the Company completed a soil sampling program over an area of 2100 m by 1800 m, which centered on outcropping pyrite-chalcopyrite mineralization. A total of 349 soil samples have been collected and dispatched for analysis. Rock sampling of mineralized outcrop returned 55 m @ 0.28 g/t Au and 0.21% Cu. The mineralized zone is hosted in altered andesite. The stream sediment sampling program is underway over all four southern Timok properties. A total of 115 samples have been dispatched for analysis from both the Bacevica and Savinac properties. ZVEZDA PROPERTY IN BULGARIA The Company recently won through tender and signed an exploration contract for the Zvezda Property in Bulgaria (see press release dated March 14, 2013). The Company anticipates commencing the field exploration program at the end of April, 2013. On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director SAMPLING, ANALYSIS AND QUALIFIED PERSON The Company uses the ALS Romania and SGS managed laboratories at Chelopech, Bulgaria and Bor Serbia to assay all samples from Serbian and Bulgarian properties. Soil and stream sediment samples are assayed in ALS Romania using ultra-trace level methods combination of ICP-AES and ICP-MS acid digest, 51 elements; whereas gold is assayed by low level detection fire assay method 50g, AAS finish. Preparation of samples includes drying, screening to -80#, fine crushing, split and pulverizing to 75 µm. Rock samples are assayed in ALS Romania using ME-ICP61M four acid digest 35 elements; gold fire assay 50 g, AAS finish. Stream sediment samples were collected from optimum trap sites for heavy minerals, wet or dry sieved approximately 2kg -1mm silt in the field. Samples were taken at regular intervals of approximately 1.5km along stream, designed to represent catchment areas of approximately 3-4km². Soil sampling was carried out along grid profiles oriented perpendicular to controlling structures of the mineralisation. Samples were collected at regular 50m intervals. Rock sampling was carried out as chip-channels in outcrops on 1 to 3m intervals collecting minimum 1kg material per meter. In addition to laboratory's internal quality assurance quality control (QAQC) procedures the Company implements its own QAQC with systematic insertion into sample streams of certified reference materials, field duplicates and blanks. Field duplicate samples are taken every 25 samples and known standards and blanks are inserted after every 20th sample. All data collected in the field and assay results from the laboratories are routinely entered into a data base. The technical information of this Press Release has been prepared and approved by Mr. G. Magaranov, P. Geo., the Qualified Person as defined by National Instrument 43-101. The technical review of the Borsko Jzero Copper-Gold Property in Sor, Serbia was prepared by D. Power-Fardy, P.Geo., EurGeol and Senior Geologist with Watts, Griffis and McOuat Limited, Consulting Geologists and Engineers of Toronto, Canada, and G. Magaranov, P. Geo., EurGeol and Senior Exploration Manager, SE Europe for Mundoro Capital Inc. Mr. Power-Fardy is independent of Mundoro. Their review and report are in compliance with Canadian Securities Administrators' National Instrument 43-101 ("NI 43-101") and definitions of the Council of Canadian Institute of Mining , Metallurgy and Petroleum ("CIM") standards. ABOUT MUNDORO CAPITAL INC. Mundoro is a well-funded, Canadian based, company focused on mineral acquisition, exploration, and development. Our target areas are the Tethyan Belt in Southeastern Europe and the Mesa Central Belt in Northwestern Mexico, both of which are prolific mineral belts with strong exploration and development potential. Mundoro has methodically acquired a district-scale land position in both mineral belts which host significant Gold-Copper porphyry and related epithermal deposits. Our strong project pipeline is positioned to drive long-term, sustainable growth in order to attain production and shareholder return. 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" 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. CONTACT INFORMATION For further information please contact Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 or Michelle Roth, Roth Investor Relations at +1-732-792-2200.

MUNDORO PROVIDES PROGRESS ON EXPLORATION PROGRAMS AND REPORTS $0.28 PER SHARE CASH VALUE AT END OF Q3-2013December 3, 2013, Vancouver, BC – Mundoro Capital Inc. (TSXV:MUN,GR:NGU, www.mundoro.com) (“Mundoro” or the “Company”) is pleased to provide an update for its 2013 exploration programs in southeastern Europe and reports filing of Q3-2013 financials.  This press release should be read in conjunction with the Company’s unaudited Financial Statements and the Management Discussion and Analysis for Q3-2013, which are available on SEDAR at www.sedar.com.  All dollar amounts are in Canadian dollars unless otherwise stated. Commenting on Mundoro’s exploration results CEO & President Teo Dechev summarizes: “As of September 30, 2013, Mundoro held just over $0.28 per share which represents over $12.2 million of cash in treasury.  This cash value puts Mundoro in an excellent position for the next three years to continue its successful exploration program.  While the company has the ability to pursue its properties independently, we have been approached by various parties for potential joint ventures and are evaluating the benefits of partnership and the value that brings to the company and its shareholders. In Serbia, Mundoro’s 2013 exploration programs have identified three key areas for further exploration in 2014: the Tilva Rosh, high grade, high sulphidation zone, the Zeleznik, copper-gold mineralization skarn system outcropping on surface, and the BJ-Dubrava corridor drill intersected chalcopyrite/pyrite mineralized clasts approximately 20 m from surface. These are all near surface mineralized areas which do not require deep drilling and are cost effective to explore in 2014.  As recently as Q4-2013, Mundoro also identified an additional area for near surface porphyry mineralization confirmed during a recent site visit by one of the world’s leading porphyry experts. In light of the current market conditions, Mundoro is managing its cash conservatively to balance preservation of cash and a focused exploration program to deliver shareholder value.” Serbia Exploration SummaryTilva Rosh Highlights from 2013 Exploration Program On Mundoro’s southern properties’ Savinac license, our trenching program in this area has discovered a high grade, high sulphidation zone outcropping at surface. Savinac license is a well-known alteration system in the Timok Magmatic Complex where Mundoro has identified several new areas of gold soil anomalies and discovered high grade gold and silver mineralization from trenching. Trenching results highlight the newly discovered high grade gold and silver zone: Trench 4 – 12 m @ 30.39 g/t Au and 171.27 g/t Ag (33.03 g/t AuEq) Trench 2 – 8 m @ 5.31 g/t Au and 21.07 g/t Ag (5.63 g/t AuEq) Trench 1 – 18 m @ 2.21 g/t Au and 29 g/t Ag  (2.66 g/t AuEq) Mapping from this area shows that the high grade mineralization is controlled by NW normal fault dipping to south-west. This fault was intersected by additional trenching along strike for 200 m. The soil survey Mundoro completed in 2013 was designed to fill in the open soil anomalies along the 8.5 km long belt of alteration as well as follow-up on the high grade gold results received from rock and trench sampling at Tilva Rosh. Throughout the year Mundoro collected: 2024 soil samples, 817 rock samples, dug and sampled 818 line meters trenches and measured 853 spectroscopy specimens from outcrops and trenches in Savinac. Results to date have highlighted further geochemical anomalies of gold and various other indicator elements to be followed-up with trenching and detailed mapping over the 8.5 km x 3 km area in 2014. In 2014, the exploration program will focus on delineating the high grade zone with further trenching (lateral extent) and shallow drill testing (vertical extent), as well as following up new gold anomalies along the 8.5 km trend. Zeleznik Highlights from 2013 Exploration Program In the southern part of the Zeleznik license, approximately 1.8 km north of the currently producing Majdanpek porphyry copper-gold open-pit mine, is a well-developed, coherent copper-in-soil anomalies which merit shallow drilling to test underlying porphyry and/or skarn copper-gold mineralization. To date the Company has completed 716 soil samples as well as initial reconnaissance mapping and rock sampling. A highlight of results to date are: Two Cu-Au-Mo in soil anomalies with values >200 ppm to 2000 ppm Cu; The western anomaly is 600 m x 450 m and is open to the north and south, and The eastern anomaly is 300 m x 300 m dipping under limestone cap to the north. Copper-magnetite skarn outcrop sample this year returned 1% Cu and 1.47 g/t Au The two soil anomalies are considered targets for porphyry and related skarn mineralisation. The surface dimensions of the western anomaly are sufficiently large to be underlain by a mineralised body of potential interest. In 2014, the exploration program will focus on drill testing the two copper-in-soil anomaly targets for porphyry copper and/or proximal copper skarn mineralization. BJ- Dubrava Corridor Highlights from 2013 Exploration Program Mundoro’s scout drill program identified a mineralized zone along the strike continuation between the Bor Mine and Reservoir/Freeport McMoRan’s Timok JV. The scout drill program totaled 3,226 m drilled in five holes;  three of them in Borsko Jezero (BJ-01, BJ-03 and BJ-05), one in Dubrava (BJ-04) and one in Sumrakovac (BJ-02). Two drill holes (BJ-04, BJ-05) were drilled in the BJ-Dubrava corridor area and were designed to drill test along strike continuation between the Bor deposits and the newly discovered Timok JV (Reservoir Minerals/Freeport McMoRan) high grade Cu-Au mineralization. Drill hole BJ-04, starting from 22 m, intersected Cu-Au mineralization of: 28 m @ 0.2% Cu, 0.25 g/t Au (0.36% CuEq.) including 7m @ 0.5% Cu, 0.69 g/t Au (0.94% CuEq.) Drill hole BJ-05, starting from 377 m, intersected Au mineralization: 1 m @ 1.69 g/t Au; and 11 m @ 0.53 g/t Au, including 1 m @ 1.24 g/t Au and 2m @ 1.05 g/t Au. BJ-04 area of mineralization is within short trucking distance of approximately 2 km from the Bor processing and smelting facility. The other three drill holes (BJ-01, BJ-02, and BJ-03) were designed to test audio-magneto-telluric (AMT) geophysical anomalies.  These drill holes provided valuable technical information which will guide future exploration within the Timok licenses as a whole. In 2014, the exploration program will focus on delineating the mineralized zone of mineralized clasts. Bulgaria Exploration Program The Zvezda license covers an area of 161 sq.km., which is located in southeastern Bulgaria and is designated as brownfields exploration due to: its proximity to a producing gold mine directly adjacent and north of the license, and historical mine workings in the area for  lead zinc and silver  mineralization. As a result, Mundoro is also completing historical data compilation for the Zvezda license to incorporate all the results of the historical mine workings as well as known historical resources that are not 43-101 compliant. In Mundoro’s 2013 exploration program, the company collected: 143 stream sediment, 418 rock samples, and 710 soil samples.  Initial results have highlighted an area of gold and silver bearing quartz veins located in the central part of the license. The veins are up to 1 m wide over an area of 800 m x 300 m and can be followed up discontinuously for up to 130 m. The highest gold result returned from rock sampling of the quartz veins is 5.12 g/t Au. An additional 12 samples returned between 1 to 3.5 g/t Au from different intervals of the veins. Trenching has been completed over an area of hydrothermally altered rocks containing visible copper-oxide mineralization.  A total of 370 m has been trenched with 128 channel samples collected. Results are pending. In 2014, the exploration program will focus on further mapping, sampling and trenching the two key areas at Zvezda and Byalo licenses as well as initial drill testing. Mexico Exploration Program In Mexico, work by Mundoro was focused on maintaining the licenses in good standing, reducing non-strategic land holdings and preparing Centauro, Camargo and the rest of the package for joint venture opportunities with third parties. Mundoro expects minimal expenditures in 2014 as the focus will be the Serbian and Bulgarian properties.Sampling, Analysis and Quality Assurance and Control (QAQC) Drillhole orientations were surveyed at approximately 50 m intervals. Drill core was collected from drill sites by the Company’s geologists and processed and sampled at the Company’s core shed according to industry best practice standard procedures. Samples were collected as half PQ or HQ core at 1 m lengths from mineralised intervals and 3 m lengths from none mineralised intervals. Where necessary the sampling lengths were adjusted to reflect the geological boundaries, occasionally with maximum length up to 5 m. All samples are assayed using 50 gram fire assay with atomic absorption finish and ME-ICP61 by ALS Romania. The entire sample was crushed to 2 mm, then split off a 1 kg sample and pulverized the split to better than 85% passing 75 microns. Quality Assurance and Quality Control procedures include the systematic insertion of standards, duplicates and blanks into the sample streams. Duplicate core samples are taken every 25 samples and standards and blanks are inserted after every 20th sample. All data collected from detailed logging and assay results from the laboratories are routinely verified and entered in an Access data base. Copper equivalent (CuEq%) is calculated using the formula CuEq = (%Cu) + <(g/t/au) x (1/31.1035) x ($/ozau)> ÷ <(22.0462) x ($/lbcu)>.  Gold Equivalent (“AuEq.”) is calculated using the formula AuEq = (g/t/Au) + <(%cu) x (22.0462) x ($/lbcu)> ÷ <(1/31.1035) x ($/ozau)>.  Metal prices used are: gold price of US$1300/oz, copper price of US$3/lb, and silver price US$20/oz. All thicknesses from intersections from drill holes are down-hole drilled thicknesses or outcrop sample length thickness. The technical information of this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., the Qualified Person as defined by National Instrument 43-101. Grant Stock Options The Board approved a grant of 852,500 stock options to directors, officers, employees and contractors of the Company. The options will be granted December 2, 2013 at a price of $0.30 per share which is 67% premium to the closing price on November 29, 2013. The options are exercisable for a period of five years. On behalf of the Company, Teo Dechev, Chief Executive Officer, President and Director About Mundoro Capital Inc. Mundoro is a well-funded, Canadian based, company focused on mineral acquisition, exploration, and development. Our primary focus is advancing our properties on the Tethyan Belt in Southeastern Europe.  Mundoro has methodically acquired a district-scale land position on this prolific mineral belt which hosts significant Gold-Copper porphyry and related epithermal deposits. Our strong project pipeline, which also includes assets in Mexico and China, is positioned to drive long-term, sustainable growth in order to attain production and shareholder return. 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" 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. Contact Information For further information please contact Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 or Michelle Roth, Roth Investor Relations at +1-732-792-2200.

March 25, 2019, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce completion of the third year exploration program with Japan Oil, Gas and Metals National Corporation (“JOGMEC”), on the Borsko Jezero license (“Borsko”) located within the Timok Magmatic Complex (“Timok”) in eastern Serbia.  This exploration program is the third year of the Phase I earn-in with JOGMEC, which included primarily: (i) 57.6 line kilometers of Induced Polarization (“IP”) geophysics, (ii) a gravity survey over 6 sqkm and (iii) target testing drilling of 9,090 meters over 9 drill holes in Borsko. Teo Dechev, CEO & President of Mundoro commented, “Mundoro’s exploration portfolio of targets, projects and partners is designed such that the success of the company is driven by the proven earn-in partner funding model to test targets and advance exploration of projects.  The Company continues to have discussions with interested third parties seeking options on our available projects, confirming the growing interest in exploring the Tethyan Belt in Timok, Serbia as well as Bulgaria.” JOGMEC-Mundoro Exploration Program at Borsko Borsko is one of the four licenses being sole funded by JOGMEC as part of the earn-in agreement entered into in 2016. Borsko is located directly west of the Bor copper porphyry underground mine and the Veliki Krivelj copper-gold porphyry open-pit mine, all located in the central portion of Timok.  Timok is one of the most prolific metallogenic domains in the Tethyan Belt with deposits such as the Cukaru-Peki copper-gold deposit and the Bor copper porphyry underground mine and the Veliki Krivelj copper-gold porphyry open-pit mine (Figure 1: Borsko Location Map). Teo Dechev, CEO & President of Mundoro commented, “Mundoro’s management and exploration team continue to see compelling reasons for exploring the Borsko license, located in the center of Timok.  Under the terms of the earn-in agreement, JOGMEC was required to spend US$4 million in Phase I while to date, JOGMEC has spent approximately US$5.09 million. JOGMEC will render a decision on whether to proceed to Phase II of the earn-in agreement in May 2019. Thereafter it will be determined final ownership percentage and how the Borsko exploration program will be advanced. Of main interest in the Borsko license is Target 1 which requires further drilling in order to test for: (i) continued lateral extent of the lithocap for high sulphidation style mineralization in the upper portion of the lithocap and (ii) a possible porphyry system responsible for the alteration and mineralization identified.” Highlights of the Borsko Exploration Program There is an overall continuous geophysical CSAMT anomaly for at least 1.6 km in areal extent (Figure 2: 3D Alteration Model) which has been partially tested. Drilling to date has identified that this CSAMT anomaly appears to be related and delineates the advanced argillic alteration (“lithocap”) under cover. The drill tested hydrothermal alteration system extends 400 m by 800 m with a thickness 500+ meters. The alteration remains open primarily towards the north, west and south. Such alteration systems are host environments of the Bor and Cukaru-Peki high sulphidation Cu-Au deposits in the Timok region. The lithocap contains elevated copper-gold-arsenic values which are indicative of high sulphidation style mineralization. Drill holes 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) At the bottom of the lithocap, weak potassic alteration was identified which suggests potential for porphyry style mineralization may be present beyond the immediate area drill tested to date. Target 1 Analysis Target 1 was discovered as a result of the 2017 drilling program, which was focused on testing targets defined by structural and geophysical interpretations.  The first hole in this program, BJ-06, discovered advanced argillic alteration system hosted in andesite beneath 550 m of volcanic cover at Target 1.  Target 1 is identified as a undercover lithocap which can be indicative of, and has the potential to host: (i) high sulphidation copper-gold mineralization and (ii) porphyry copper-gold mineralization.  The lithocap has the following features: The uppermost 500 m - 800 m of Target 1 area is a weakly altered volcanic unit. At the bottom of this volcanic unit the transition zone appears with trace pyrite in chlorite-smectite and partially overprinted by kaolinite. It is in the top of the lithocap where marked concentrations of anomalous metal values occur suggesting that this is the likely location of high sulphidation mineralisation as exampled by Bor and Cukaru-Peki deposits which are located in this central region of Timok. The lithocap is approximately 400 m – 600+ m thickness of pervasive quartz-kaolinite-dickite alteration containing medium to strong semi-massive pyrite. Pyrophyllite and alunite are also present together with small bodies of vuggy residual quartz. These alteration assemblages confirm typical acid environment which host high sulphidation mineralization. In the deepest holes at ~1,200 m, the advanced argillic alteration transitions abruptly downwards to chlorite-bearing andesite, interspersed with patches containing remnant biotite of hydrothermal origin and minor epidote. This may be considered as weakly developed potassic alteration, suggesting that the porphyry intrusion that supplied the magmatic fluid for this alteration lies beyond the immediate area drill tested to date. Copper and gold values are elevated in many parts of the advanced argillic zones and the underlying chlorite-biotite zones. Elevated copper values are either present as energite (e.g. 17-BJ-07, 1033 m) or fine sulphides, but in the chlorite-biotite zone as chalcopyrite (e.g. 17-BJ-07, appears from 1250 m and 19-BJ-20 at 890 m). The drill core observations, aided by spectral alteration mapping, were able to identify vertically and laterally zoned alteration to be used as a vector towards mineralised “hot spots” of the hydrothermal system (Figure 2). Based on the vertical and lateral zonation of the lithocap, the system remains open in the following directions: There is an overall a continuous geophysical CSAMT anomaly for at least 1.6 km in areal extent which has been partially tested. Drilling to date has identified that this CSAMT anomaly appears to be related and delineates the lithocap under cover. In the northwestern direction, drill hole 18-BJ-18 intersected advanced argillic alteration which is characterised and dominated by fine-grained silicification with strong disseminated pyrite and minor kaolinite. Towards the northeast, as indicated in hole 19-BJ-20, the advanced argillic alteration abruptly transitions to quartz-magnetite-biotite (weak potassic) alteration at 859 m containing trace chalcopyrite and a quartz-molybdenite vein. Westwards and Southwards, the alteration package remains open as the drill hole depths of holes BJ-09 (to the west) and BJ-10 (to the south) were unable to conclude if the alteration extends in these directions and as such, follow up deeper drilling is required to test for extension of the lithocap in these two directions. Eastwards, the advanced argillic alteration zone, appears to weaken to chlorite-smectite with pyrite as observed in 18-BJ-13. At depth, transition to weak potassic alteration containing weak quartz veining with trace chalcopyrite suggests potential for porphyry style mineralization in the vicinity. Other Targets Tested in the JOGMEC Exploration Program Approximately 2,000 meters to the south of Target 1, the South Target was tested which identified a heavily faulted zone of pyrite-bearing chlorite-smectite-kaolinite alteration for an interval of 184 m in drill hole 18-BJ-19, indicating a possible periphery of another Borsko-type lithocap. Located approximately 2,000 m to the north-northeast of Target 1, Target 5 was tested with three drill holes 18-BJ-14, 18-BJ-15 and 18-BJ-17 to test the west-northwest fault that runs through the area of Target 5 and appears to also be cutting through the vicinity of the Bor mine 4 km to the east.  Trace of chalcocite and remnant of covellite and chalcopyrite mineralisation, as well as disseminated native copper were observed within the hornblende-feldspar andesite. For further description of the Borkso geology see Mundoro’s press release dated December 18, 2017 at www.mundoro.com. Drilling, Sampling, Analysis and Quality Assurance and Control The drilling technique was triple tubed diamond drilling from surface for PQ and HQ, while for NQ was double tubed. The drill holes were generally cased from surface progressing from PQ to HQ at 380m on average, however exact depths vary from hole to hole. Drill hole orientations were surveyed at approximately 30 meters intervals. Drill core was oriented using the Reflex EZ-Trac and Devico Pee Wee tools, the bottom of the core was marked by the drillers and this was used for marking the whole drill core with reference lines. 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 was measured and recorded continuously from the top to the end of the hole for every drill hole. Each run of 3m length was marked by plastic core block which provided the depth drilled. Core recovery is recorded as 99.4-100% in most intervals. The drill core was sawn into two along drill core orientation line using a core-cutter and left half looking downhole was collected in bag and submitted for analysis, the other half is kept in tray and stored. Samples were collected at one or two-meter lengths from mineralised intervals and every fifteen meters one sample of two-meter lengths from non-mineralised intervals with brakes for major geological changes. The samples were submitted to SGS managed laboratory in Bor, Serbia for sample preparation and analysis. 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. 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. 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 holds a portfolio of projects in Serbia and Bulgaria as well as an investment in a producing gold mine in Bulgaria.  There are eight licenses in Serbia, four of which are optioned to JOGMEC, two licenses are optioned to Freeport-McMoRan Exploration Corporation and two licenses are available for joint venture.  In Bulgaria, Mundoro has formed a Generative Alliance with JOGMEC.  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. Figure 1: Borsko Drill Hole Location Map Figure 2: 3D Alteration Model

May 25, 2018, Vancouver, Canada – Mundoro Capital Inc. (the “Company”), is pleased to announce the voting results of the Annual General Meeting held on May 23, 2018 (the “Meeting”).  Shareholders voted as follows on the matters before the meeting: Board Members Shareholders elected the following 4 board members with shareholders represented at the meeting voting in favour of individual directors as follows: Appointment of Auditors Shareholders approved the re-appointment of PricewaterhouseCoopers LLP as auditors of the Company for the ensuing year at the remuneration to be fixed by the directors. The Company’s shareholders voted in favor of all matters brought before the meeting. The results of voting will be filed at www.sedar.com. Furthermore, the Company issued 1,300,000 stock options to its employees, consultants, officers and directors on May 23, 2018. The stock options were issued in accordance with Mundoro’s Stock Option Plan, are exercisable into common shares of Mundoro at $0.11 (being the closing price on the TSX Venture Exchange on May 22, 2018) over a five-year term. On behalf of the Board, 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 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.

May 9, 2018, Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company“) is pleased to report that it has entered into an Option Agreement (“Agreement”) with an arm’s length third party private company (“Private Company”) to which it has granted an option on one of Mundoro’s exploration projects, the Saje Lead-Zinc Project located within the Zvezda license in southeastern Bulgaria. CEO & President, Teo Dechev commented “We are delighted to have signed this Agreement with a new partner in the region.  Mundoro is achieving our corporate strategy to work with partners on select projects within our portfolio while retaining 100% ownership over a core portion of our portfolio.  Realising value from our existing portfolio of over 10 licenses with multiple targets on various license is a key focus for the Company.” Summary of Terms Under the terms of the Agreement, the Private Company has committed to drill a minimum of 1000 meters on the Saje Project (“Option Period”).  Thereafter, the Private Company will have one month to provide written notice to enter into an agreement with Mundoro in respect of the Saje  Project.  The Private Company is sole funding all costs during the Option Period.  Upon entering into an agreement, the Private Company will pay to Mundoro annual advance royalty payments in January of each calendar year until commercial production.  Mundoro will retain a 2% net smelter returns (“NSR”) royalty on any metals production at the Saje Project. The Saje Project has no carrying value in the Company’s balance sheet as at December 31, 2018. Saje Lead-Zinc Project Information The Saje deposit is located within Mundoro’s 100% owned Zvezda exploration licence area. The Saje deposit is a brownfield area that was initially explored starting in the 1960’s and exploited by a government run company from 1984 to 1992 for Lead and Zinc with by products of Copper and Silver.  The deposit is situated in the western part of the Spahievo ore field at the eastern border of a rhyolite caldera. It is comprised of structurally controlled alteration zones, some of which are the main ore bearing zones. Zones are hosted in Eocene-Oligocene andesites intruded by monzonite pluton. The width of the ore zones vary from 1 m to 17.8 m. The ore mineralization is represented by galena, sphalerite and chalcopyrite.  Table 1 below summarises the underground production from the deposit from 1984 to 1992 by the government run company: The historical production figures for the Saje deposit from 1984 to 1992 are derived from a report prepared in 1998 by the Government run company “Gorubso-Kardjali EAD”.  This report is held with the Bulgarian National Geological Fund, who have made it available for public review. The qualified person has reviewed this report and verified the contents of the report and its conclusions.  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. Further Joint Venture Discussions 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.  The Company continues to have ongoing discussions regarding potential joint ventures for Mundoro’s Timok South Projects Iicenses:  Savinac, Sumrakovac, Bacevica and Osnic.  Although there are ongoing discussions, the Company cannot provide assurance that a transaction will be concluded as a result of these discussions. 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 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.