January 5, 2021 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce mobilization of drill rigs for drilling at the Skorusa license (“Skorusa”). Skorusa is one of the licenses being sole funded by Vale Canada (“Vale”) as part of the Earn-in Agreement announced October 2019.  Skorusa is located in the southern portion of the Timok Magmatic Complex (“Timok”) directly southwest of Bor mining camp.  Timok is one of the most prolific metallogenic domains in the western portion of the Tethyan Belt. Timok hosts the Cukaru-Peki deposit, the Bor copper porphyry underground mine, the Veliki Krivelj and Majdanpek copper-gold porphyry open-pit mines (see Figure 1). Figure 1 – Project Location Map in Timok Highlights - The Skorusa copper-gold porphyry is one of the five areas recently ranked as prospective for porphyry copper-molybdenum-gold deposits within the Vale-Mundoro Projects (see Mundoro press release December 7, 2020). - A zoned hydrothermal alteration, covering an area of 2 km by 3 km contains copper-gold porphyry style mineralization and part of a broad (2.5 x 5 km) magnetic-low anomaly with internal magnetic high and/or chargeability zones that will be drill tested. Target Area The Skorusa porphyry system (see Figure 2) is part of a broad magnetic-low anomaly with a footprint of 2.5 km by 5 km with internal magnetic high zones containing several additional interpreted drill targets that remain to be tested. Re-interpretation of a historical Induced Polarization (IP) survey indicate that the alteration area at Skorusa is relatively resistive, with the high-resistivity zones flanking an elevated chargeability zone. Elevated chargeability also coincides with magnetic low zones. The priority for the current Phase 1 drill program is to test geophysical targets at the outer north-eastern portion of the porphyry system that have not been previously tested (see Figure 2).  The three target areas will be drill tested to approximately 600 m depth.  The program is expected to be completed by the end of February with assay results expected by the end of March. Figure 2 – Map of Skorusa Porphyry target area showing geophysical anomalies superimposed on an alteration map with a satellite image background and planned drillholes Target A, B, C. See inset on left for position of map within northern portion of Skorusa license. Exploration Overview The Skorusa porphyry system comprises of extensive phyllic alteration (2 km by 3 km) surrounding two localized areas with potassic/inner propylitic and peripheral propylitic alteration i.e. the west zone and the east zone. The Skorusa porphyry system was partially tested in 2015 and 2016 in two separate drill campaigns, with exploration primarily concentrated in the Skorusa west zone which sits in the northwest corner of the licence.  The initial exploration work program with Vale comprised a grid-based soil sampling and ground magnetic survey over the entire licence area to provide regional context for the Skorusa porphyry target area. Skorusa west zone At the Skorusa west zone, initial surface rock-chip sampling and geological mapping identified quartz stockwork-hosted mineralization in potassic altered diorite porphyry which returned 23m with 0.17% copper and 0.72 g/t gold. Follow up drilling in 2016 proved the stockwork extended to depth and remains laterally open to west-northwest, hence further drill testing is required for this target area. Three main porphyry phases have been identified: early, inter-mineral and late-mineral. The early and inter-mineral phases display potassic alteration defined by a biotite-magnetite assemblage. The intervals of an early porphyry contain magnetite and chalcopyrite-bearing A and B-type quartz veinlet stockworks with potassic alteration. At depth, D-type veins with sericitic halos become more prominent and some are cut quartz-magnetite-chalcopyrite-pyrite veinlets indicating several vein generations related to different porphyry intrusions.  Further evaluation of the geophysics, geochemistry and alteration at the Skorusa west zone is being performed in order to further refine drill targets in this area. Skorusa east zone At the Skorusa east zone limited work has been performed to date including two shallow RC drill holes and one diamond hole completed in a 2015 exploration program. Quartz and magnetite veinlets to stockwork mineralization found at surface was shown to extend to depth, but with lower copper and gold grades compared to the west zone. The Skorusa east zone is an annular magnetic-high anomaly coincident with copper, molybdenum and gold anomalies in the soil geochemistry. Like the west zone, the Skorusa east zone has a zoned alteration pattern of phyllic surrounding an inner propylitic/potassic alteration core. Further evaluation of the geophysics, geochemistry and alteration at the Skorusa east zone is being performed in order to further develop drill targets in this area. New Skorusa southeast zone The 2020 alteration mapping program identified advanced argillic alteration approximately 3.5 km southeast of the Skorusa porphyry system, which likely represents a porphyry-related lithocap. The advanced argillic alteration was confirmed by the presence of Na-Alunite and will be followed up in the next field season with detailed sampling and alteration mapping as well as additional re-interpretation of a historical Induced Polarization (IP) survey. Qualified Person The exploration work programs described herein were supervised by Y. Khrischev, the Company's Exploration Manager in Serbia and Bulgaria who has also prepared the above technical information in this press release in accordance with Canadian regulatory requirements as set out in National Instrument 43-101. The above technical disclosure in this press release has been reviewed, verified and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and consultant to the Company. 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. For further information, please visit: Website www.mundoro.com Follow our updates on: LinkedIn and Twitter: @Mundoro 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

March 30, 2021 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") announces the granting of a new exploration license totaling 98 sqkm located in the northern portion of the Serbo-Macedonian Metallogenic Province, which is part of the Tertiary Magmatic Belt in central Serbia and south of the Rudnik lead-zinc-silver mining district. Highlights The license is a copper-gold area totaling 98 sqkm in central Serbia (“GT7 Copper Project”, “Project”) Considered highly prospective for porphyry and related epithermal mineralization Located 40 km southeast of the Rudnik lead-zinc-silver mining district At least four historically recorded base metal occurrences within the Project Historical data collection underway with exploration programs commencing this summer Further applications have been submitted across key mineralized belts in Serbia Teo Dechev, CEO and President commented: “We are delighted to be granted this new copper-gold project area in Serbia.  GT7 Copper Project contains exposures of diorite porphyry copper-gold type quartz stockwork mineralization and likely to related precious and base metals veins in surrounding sedimentary country rocks. “Our field team will advance exploration in the summer, focusing on the priority targets defined from initial field reconnaissance.  In the meantime, we will commence marketing the project to potential partners seeking drill ready targets for copper-gold exploration in a prospective mineral belt in Serbia. Mundoro has also applied for additional projects in key belts in Serbia to which we await the results of these applications.” Follow our weekly updates on: LinkedIn and Twitter: @Mundoro Project Summary Project Location GT7 Copper is located approximately 150km south of Belgrade, the capital of Serbia, and near Kraljevo and Kragujevac, the largest industrial centers of Serbia (see Figure 1). GT7 Copper covers 98 sqkm of the northern portion of the Serbo-Macedonian Metallogenic Province, part of the Tertiary Magmatic Belt. The Tertiary Magmatic Belt is an emerging belt which is host to several lead-zinc-base metal vein and carbonate replacement type of deposits with recently recognized potential for porphyry and epithermal copper-gold deposits. Figure 1- Map showing location of GT7 Copper license on simplified geology. Third party license are shown for reference Project Geology Geology at GT7 Copper comprises Cretaceous siliciclastic and carbonate sedimentary lithologies intruded by Tertiary diorites and overlain by andesite porphyry volcanic rocks. The volcanic-intrusive lithologies form part of the north-northwest striking Tertiary magmatic arc of Central Serbia. Lead and zinc mineral occurrences are recorded in the area as well as old workings. Polymetallic quartz-carbonate veins (including pyrite, sphalerite, galena and rhodochrosite) are reported to contain some gold grades. Porphyry style “b” vein stockworks are observed in magnetic diorite to the north. Widely spaced networks of approximately 1 cm-thick quartz and calcite veins with some coarse      molybdenite are common in bedded sedimentary lithologies. Generative Program Numerous mineral exploration targets have been identified throughout Serbia under the generative program carried out by the Company. Targets with indications of copper and/or gold have been prioritized to explore for potential porphyry copper and related deposits. GT7 Copper was one of those targets selected for field follow up. Several more targets have been identified with exploration applications submitted to the Ministry. Qualified Person The above technical disclosure in this press release has been reviewed, verified and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and consultant to the Company. 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 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. Teo Dechev, Chief Executive Officer, President and Director +1-604-669-8055 info@mundoro.com

April 6, 2021 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") announces update for the Vale-Mundoro JV Program in Serbia, that includes (i) Phase 1 drill program at the Skorusa copper-gold porphyry system (“Skorusa”) and (ii) geophysical program at the Oblez license. Both programs are located in the southern portion of the Timok Magmatic Complex (“Timok”) west-southwest of the Cukaru Peki Deposit and the Bor mining complex. Highlights Diamond drilling is ongoing at Skorusa copper-gold porphyry system, along with an Audio-frequency Magneto-telluric (AMT) geophysics program at the Tilva Mare prospect. 1,800 meters have been drilled over magnetic anomalies at Skorusa in three exploratory drill holes with an average depth of 600 meters (see Figure 2). Technical Committee has expanded the drill program for an additional 1,600 meters to test three additional targets within Skorusa at the West and East mineralized zones (see Figure 2). The ongoing AMT geophysical survey at the Tilva Mare prospect will identify drill targets under the cover units (see Figure 3). The prospect area is outlined by copper-in-soil geochemistry covering approximately 5 km x 5 km in the northern portion of the Oblez license. Follow our weekly updates on: LinkedIn and Twitter: @Mundoro. Teo Dechev, CEO & President, commented: “The geophysical targets drill tested in the first three exploratory holes have provided valuable information to calibrate the understanding of the geophysical responses observed to the actual lithological units and mineralogy encountered.  It is clear from the initial three drill holes that the targets drilled are in the periphery and distal to a porphyry system.  The Technical Committee is expanding the target testing to additional targets focusing on depth extension at the West Zone and depth extension at a geochemical anomaly at the East Zone and a new geophysical ground magnetic anomaly south of the East Zone. In addition to drilling, the AMT survey is ongoing and is expected to be completed by the end of April with geophysical models expected by the end of May.  The exploration team is excited to review the results to facilitate further targeting and to identify the source of the pervasive geochemical signature at Tilva Mare which is approximately 5 km by 5 km. From there, the team will follow up with additional field investigation of the newly identified alteration zone, Skorusa South target area, and the Markov Kamen East target area. The Vale-Mundoro JV Program is expected to continue throughout the course of the year testing this prospective region for porphyry and related epithermal systems.” Vale-Mundoro Projects The approved exploration work program of US$1.9 million is in progress and primarily focused on two of the four Vale-Mundoro JV Projects – Skorusa and Oblez. Both projects are located west-southwest of the Cukaru Peki epithermal-porphyry copper gold deposit and within the Timok Magmatic Complex (Figure 1). Exploration completed to date over the two projects includes: grid-based soil sampling (1345 samples collected) geological and alteration mapping, rock sampling, and ground magnetic survey (876 line/km surveyed) The results obtained have identified five target areas prospective for porphyry copper-molybdenum-gold deposits for initial testing. The Skorusa porphyry system is one of the five targets ranked as prospective for porphyry copper-molybdenum-gold deposits within the Vale-Mundoro Projects. Figure 1 - Project Location in Timok Skorusa Porphyry The Skorusa copper-gold porphyry system comprises extensive phyllic alteration (2 km x 3 km) surrounding two localized areas with potassic/inner propylitic and peripheral propylitic alteration i.e., the Skorusa West Zone and the Skorusa East Zone. The Skorusa porphyry system was partially tested in 2015 and 2016 in two separate drill campaigns, with exploration primarily concentrated in the Skorusa West Zone. The current exploratory drill program with Vale has tested 3 geophysical targets to 600 m depth at the outer north-eastern portion of the porphyry system that have not been previously tested. Drill core observation from recently completed drill holes suggests the elevated chargeability zones from the historical Induced Polarization (IP) survey are related to disseminated pyrite mineralisation from the country rock environment. Although the mineralisation observed in the first two holes was not significant in the northern portion of the system, further assays are still pending. The Technical Committee has expanded the drill program with an additional three targets to be tested (see Figure 2): Target A - Drill hole will test down dip of the mineralized porphyry at the West Zone; Target B - Drill hole will test the geochemical soil anomaly at depth at the East Zone; Target C - Drill hole will test a ground magnetic anomaly which may represent the southern extension of the East Zone. The Technical Committee is regularly reviewing the data and identifying further areas of testing.  Assay results will be ongoing throughout the program. Figure 2 – Map of Skorusa Porphyry target area Skorusa West Zone Target delineation at the Skorusa West Zone, includes surface rock-chip sampling and geological mapping of identified quartz stockwork-hosted mineralization in potassic altered diorite porphyry which previously returned 23m with 0.17% copper and 0.72 g/t gold.  Follow up drilling in 2016 proved the stockwork extends in depth and remains laterally open to west-northwest. Three main porphyry phases have been identified: early, inter-mineral and late-mineral. The early and inter-mineral phases display potassic alteration defined by a biotite-magnetite assemblage. The intervals of an early porphyry contain magnetite and chalcopyrite-bearing A and B-type quartz veinlet stockworks with potassic alteration. At depth, D-type veins with sericitic halos become more prominent and some are cut quartz-magnetite-chalcopyrite-pyrite veinlets indicating several vein generations related to different porphyry intrusions. Further drill testing is warranted for this target area. Skorusa East Zone At the Skorusa East Zone limited work has been carried out to date including two shallow RC drill holes and one diamond hole completed during a 2015 exploration program. The quartz and magnetite veinlets to stockwork mineralization found at the surface was shown to extend in depth. The Skorusa East Zone is an annular magnetic-high anomaly coincident with copper, molybdenum, and gold anomalies in the soil geochemistry. Like the West Zone, the East Zone has a zoned alteration pattern of phyllic surrounding an inner propylitic/potassic alteration core.  What remains an area of open interest is the connection between the East Zone and West Zone at depth for a potential feeder zone. Tilva Mare Prospect The prospect area is outlined by copper in the soil geochemistry in the northern portion of the Oblez license (see Figure 3). The upper Cretaceous cover rock of volcanic agglomerate contains a variety of mineralized clasts with malachite, native copper and locally chalcocite. These clasts occur at the surface along road cuts and to a depth of 250 meters through one tested drill hole. Potential exists here for concealed epithermal and porphyry copper-gold mineralisation beneath the sediments and agglomerates from the upper Cretaceous stratigraphy. Audio-frequency Magneto-telluric (CS-NSAMT) geophysical surveying is in progress at the property. The survey is expected to be completed by end of April with geophysical models expected by the end of May. Figure 3- Map showing location of Tilva Mare prospects in Oblez license Qualified Person The exploration work programs described herein were supervised by Y. Khrischev, the Company's Exploration Manager in Serbia and Bulgaria who has also prepared the above technical information in this press release in accordance with Canadian regulatory requirements as set out in National Instrument 43-101. The above technical disclosure in this press release has been reviewed, verified, and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and consultant to the Company. 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 revenue from mineral properties.  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. Teo Dechev, Chief Executive Officer, President and Director +1-604-669-8055 info@mundoro.com

July 6, 2021 Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) (“Mundoro” or the “Company“) a royalty generator company with a portfolio of projects focused on copper and gold that generate future royalties and near term cash payments, is pleased to report an update on the Vale-Mundoro Project exploration programs and the target compilation field work for the GT7 Copper Project in Serbia. Teo Dechev, CEO and President commented: “The Vale funded exploration program in South Timok has been progressing nicely with drill testing having started at the Skorusa porphyry system, then moved on to the Padina target area and is expected to continue in the third quarter to Tilva Mare where geophysical modeling along with geological interpretation is refining drill targets. Elsewhere Mundoro has been advancing targeting at the GT7 copper project where field investigations are demonstrating a larger alteration footprint indicative of classic porphyry systems.  And at the same time, Mundoro has been actively working with the local governments to advance applications of new areas all in the effort to bring new mineral opportunities for stakeholders.” Exploration Highlights for Q2-2021 ●   Compelling Targets Advanced on Vale-Mundoro Projects: The Vale-Mundoro Technical Committee approved a US$1.9 million exploration program up to the end of Q3-2021. The six target areas were identified for further exploration based on preliminary results that identified the potential for porphyry copper-molybdenum-gold style deposits. ●  Mundoro Advances Target Compilation at GT7 Copper:  The project contains exposures of diorite porphyry copper-gold type quartz stockwork mineralization and is related to precious and base metals veins that extend in sedimentary country rocks. Historical data collection was completed and a field sampling and mapping program is underway.  The project is being marketed to interested parties. Vale-Mundoro Projects The Technical Committee approved a US$1.9 million exploration work program up to September 30, 2021.  The exploration work program is ongoing at three of the Vale-Mundoro Projects: Skorusa and Oblez, both located west-southwest of the Cukaru Peki Deposit, and Padina, located just east of the Bor mine complex (Figure 1). The exploration completed to date over the three license areas includes: ●        grid-based soil sampling, ●        geological mapping, and rock sampling, ●      geophysical surveys including ground magnetics, audio-frequency magnetotellurics (AMT) and Induced Polarization (IP), ●        diamond drilling. As a result of these exploration programs, the preliminary results identified six areas prospective for porphyry copper-molybdenum-gold deposits for initial focus. Figure 1 – Project Location Map for Timok area Skorusa Porphyry (see Figure 2) The Skorusa copper-gold porphyry system comprises extensive phyllic alteration (2 km x 3 km) surrounding two localized areas with potassic/inner propylitic and peripheral propylitic alteration: (i) Skorusa West Zone and (ii) Skorusa East Zone. The Skorusa porphyry system was partially tested in 2015 (First Quantum) and 2016 (Mundoro), with exploration primarily concentrated in the Skorusa West Zone. The 2021 exploratory drilling program with Vale at the Skorusa copper-gold porphyry system consisted of: ·       3,464 m of diamond drilling in 6 drill holes (see drill hole summary results in Table 1). ·     3 drill holes tested 3 geophysical targets to 600 m depth at the outer northern portion of the porphyry system that have not been previously tested. Drill core analysis suggests the elevated chargeability zones from a historical Induced Polarization (IP) survey are related to disseminated pyrite in the country rock environment. ·       3 drill holes tested 3 targets at the main and south-eastern portion of the porphyry system that remain partly tested (see Figure 2): ●        Drill hole 21-SKO-04 – tested down dip of the mineralized porphyry at the West Zone. Drill results obtained from this hole are: o   54 m of 0.16% copper, 0.16 g/t gold (0.26% CuEq) from 331.0 meter and, o   8 m of 0.20% copper, 0.26 g/t gold (0.36% CuEq) from 365 meter, both within much broader anomalous interval of 201.2m of 0.11% copper and 0.11 g/t gold (0.18 % CuEq) from 290.8m depth. ●        Drill hole 21-SKO-05 – tested the geochemical soil anomaly at depth at the East Zone. Drill results obtained from this hole are: o   7.3m of 0.21% copper, 0.44 g/t gold (0.48 % CuEq) from 348.0 meter and, o   2.5m of 0.54% copper, 0.60 g/t gold (0.91 % CuEq) from 352.8 meter, both within larger anomalous interval of 69.5m of 0.05% copper and 0.13 g/t gold (0.13 % CuEq) from 294.0m depth. ●        Drill hole 21-SKO-06 – tested a ground magnetic anomaly interpreted as a possible southern extension of the East Zone. Further structural analysis is planned to target mineralized clusters within Skorusa.  The area between the East Zone and West Zone is of interest for a potential feeder zone at depth. Figure 2– Map of Skorusa Porphyry target area showing recently completed drill holes superimposed on an alteration map with a satellite image background. See inset on left for position of map within northern portion of Skorusa license. West Zone Target (see Figure 3) At the Skorusa West Zone, three main porphyry phases have been identified: early, inter-mineral and late mineral. The early and inter-mineral phases display potassic alteration characterized by a biotite-magnetite assemblage. Intervals of early porphyry contain magnetite and chalcopyrite-bearing A and B-type quartz veinlet stockworks with potassic alteration. Current drill hole 21-SKO-04 exhibits well-developed zoned alteration downhole from phyllic to potassic at depth with increasing intensity of the quartz-sulfide veins and related copper and gold mineralisation when in potassic alteration (see Figure 3). Further drill testing is warranted for this target area. Figure 3 – Skorusa Cross Section A-A showing recently completed drill holes at the West and East zones with interpreted lithology, alteration. Copper and gold downhole geochemistry are shown for reference East Zone (see Figure 3) At the Skorusa East Zone drill core analysis of recent drill hole 21-SKO-05 suggests intense reverse faulting in the area of drilling where repetition of alteration zones from propylitic to argillic and phyllic and back to propylitic alteration have been observed downhole. The faulted zone of argillic alteration from 294 m to 363 m contains a set of several base metal veins in thickness of tens of centimeters composed of anhydrite, galena, sphalerite, chalcopyrite and molybdenite. The orientation of the veins shows a strong north-south trend, dipping west with a possible source of the mineralisation towards the West Zone (see Figure 3). Table 1: Drill Hole Summary Results Copper equivalent (CuEq%) is calculated using the formula CuEq = (%Cu) + [(g/t/AuEq) x (1/31.1035) x ($/ozAu)] ÷ [(22.0462) x ($/lbCu)]. Metal prices used: Gold price, US$1,782/oz, Copper price, US$4.25/lb. All thicknesses from intersections from drill holes are down-hole drilled thicknesses and not true widths. Skorusa South (see Figure 2 and 4) Mapping during 2020 identified advanced argillic alteration approximately 3.5 km southeast of the Skorusa porphyry system, and likely represents a porphyry-related lithocap. Advanced argillic alteration was confirmed by the presence of Na-Alunite. This will be followed up with detailed sampling and alteration mapping as well as additional re-interpretation of a historical Induced Polarization (IP) survey. Glavica (see Figure 4) A new area of interest has been identified in the central western portion of the Skorusa license. A strong ground magnetic anomaly here with a footprint of approximately 2 km by 2 km and order of magnitude greater than any other anomalies in the area stands out in the recently completed ground magnetic geophysical survey. The cause of the anomaly is unclear and detailed geological mapping and sampling is planned for in Q3-2021. Tilva Mare (see Figure 4) The prospect area is outlined by copper-in-soil geochemistry in the northern portion of the Oblez license. The upper Cretaceous cover rock of volcanic agglomerate contains a variety of mineralized clasts with malachite, native copper and locally chalcocite. These clasts occur at the surface along road cuts and observed to a depth of 250 meters through a single hole drilled in 2019 to test the depth of the unit. Potential exists here for concealed epithermal and porphyry copper-gold mineralization beneath the sediments and agglomerates as part of the upper Cretaceous stratigraphy. Audio-frequency Magneto-telluric geophysical surveying has been completed at the property. Geophysical models are expected to be completed by early July and drilling to commence in late July. Markov Kamen East (see Figure 4) This area of interest is defined by anomalous molybdenum and gold from grid soil sampling over the upper Cretaceous limestone and siltstone cover rocks in the southwest portion of the Oblez license. Anomalous geochemistry here is contiguous to the anomalous geochemistry on the Markov Kamen target directly to the west. Follow up infill soil sampling and detailed geological mapping was undertaken to understand anomalies and better define drill targets.  Compilation work based on the results from this sampling and mapping is expected to be completed in Q3-2021. Padina (see Figure 1) An Induced Polarization (IP) geophysics survey has been completed at the Padina license, located just east of the Bor mine complex. Interpreted models from ground magnetic and IP geophysics were used to delineate drill targeting. Drilling commenced in late June 2021. Figure 4 – Map showing location of Four Target Areas for Further Testing: (i) Skorusa South, (ii) Glavica, (iii) Tilva Mare and (iv) Markov Kamen East with geology, copper and molybdenum geochemistry. Skorusa Porphyry outline to the north is shown for reference. Mundoro Projects (see Figure 5) The GT7 Copper Project occupies 98 sq. km and is located in the northern portion of the Serbo-Macedonian Metallogenic Province, which is part of the Tethyan Orogenic Belt (see press release on March 30, 2021).The area is considered highly prospective for copper porphyry and related epithermal mineralization. The GT7 Copper Project contains exposures of diorite porphyry copper-gold type quartz stockwork mineralization and is related to precious and base metals veins hosted within surrounding sedimentary country rocks. The field work completed to date identified two areas of anomalous copper-gold-molybdenum in soil geochemistry (i) North Zone and (ii) South Zone respectively.  Quartz B-type veins with magnetite and chalcopyrite, typically forming stockwork in porphyry copper-gold deposits, were found in diorite porphyry outcrop from the stream beds at the North Zone. At about 1.5 km to the south (South Zone), historical workings and several outcrop of base-metal vein type mineralization within andesitic volcanic part of the cover rock were found. Several rock samples from prominent mineralization have been collected and sent for analysis. Assays are expected in the late of July. Figure 5 – GT7 Copper Project. Ongoing alteration and geology mapping and rock sampling. Drilling, Sampling, Analysis and Quality Assurance and Control All drilling described above 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 260 m on average, however exact depths vary from hole to hole. Drill hole orientations were surveyed at 30 meters intervals. Drill core was oriented using the DEVICO EZ-Trac tool. The bottom of oriented 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 using plastic core blocks which indicate the depth drilled. Core recovery is recorded as 96.3-100% in most intervals. Drill core was sawn into quarters for PQ diameter and halves for HQ and NQ diameter, along the drill core orientation line using a core-cutter. Looking downhole the left half was collected in a bag and submitted for analysis, the other half is kept in-tray and stored. Samples were collected at two-meter lengths from mineralised intervals and five-meter lengths from non-mineralised intervals with brakes for major geological changes. The samples were submitted to ALS Prep Laboratory in Bor, Serbia, for sample preparation and then internally submitted to ALS Ireland for analysis. The samples were fine crushed to 2mm with 70% pass, split by rotary splitter to produce 1000 g sub-sample which was pulverized with 85% passing 75 µm. The samples were assayed using 50 grams charge for Au-fire assay with AES finish and multi-element method ME-MS61 – 48 element four acid ICP-MS. Samples returned above > 3 ppm Au, >1% Cu, >1% As and >100 ppm Ag were additionally analyzed with method OG62. 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 40 samples and at the beginning of sample batch, field duplicates every 25 samples. Qualified Person The exploration work programs described herein were supervised by Y. Khrischev, EurGeol, a Qualified Person as defined by NI 43-101, and the Company’s Exploration Manager in Serbia and Bulgaria. Y. Khrischev has prepared the technical information in this press release in accordance with Canadian regulatory requirements as set out in National Instrument 43-101. The above technical disclosure in this press release has been reviewed, and approved, by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and consultant to the Company. Mundoro Engages Independent Trading Group as Market Maker Mundoro has engaged the services of Independent Trading Group (“ITG”) to provide market making services in accordance with TSX Venture Exchange (“TSXV”) policies. The contract with ITG is for a minimum of three months at five thousand dollars per month and will renew for additional one-month terms unless terminated by either party with thirty days’ notice. 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 at www.mundoro.com. Teo Dechev, Chief Executive Officer, President and Director +1-604-669-8055 info@mundoro.com

January 24, 2024 Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) (“Mundoro” or the “Company“)  is pleased to provide an update on the Company’s activities in the exploration portfolio in Q4-2023 and highlights from the portfolio in 2023. 2023 Portfolio Highlights Nine (9) active projects currently under option and one partner-funded generative alliance. Expanded our group of partners to four (4) major mining companies. Partner funded, Mundoro operated, nine (9) prospects drill tested, totaling 13,325 meters and an additional two (2) prospects to be tested with 1000 meters of drilling between January and February 2024. Successfully deployed eleven (11) geophysical surveys in:  Serbia, three (3) gravity surveys, four (4) passive seismic surveys, and one (1) ground magnetics survey; Bulgaria, one (1) magnetotellurics survey; and USA, one (1) gravity survey and one (1) drone magnetics survey. Q4-2023 Portfolio Updates Vale Base Metals-Mundoro Projects, Serbia Completion of Phase II Drill Program at Markov Kamen South. In Q4-2023 a Phase II Drill program was completed to follow up on potential extensions to mineralization intersected during previous drilling campaigns. The program drilled 738.4 meters in a single drill hole. Assay results are expected in Q1-2024. Completion of Phase II Drill Program at Bacevica North. In Q4-2023 a Phase II drilling program was completed to follow up areas of interest identified with geochemistry and geophysics. The program drilled 1022.1 meters in a single drill hole. Assay results are expected in Q1-2024. Completion of Phase II Drill Program at Branik. In Q4-2023 a Phase II drilling program was completed to follow up on copper mineralisation intersected in previous drilling in 2013. The program drilled 753.3 meters in four drill holes. Assay results are expected in Q1-2024. Advancing Exploration for Upcoming Drill Programs:In Q4-2023 a passive seismic geophysical survey was completed over a target area between two known lithocap areas identified as the Skorusa Corridor, with geophysical interpretation expected in Q1-2024.  The Company completed an extensive target review process for all the Vale Base Metals (VBM) – Mundoro (MUN) projects at the end of 2023 which identified target areas of focus for the next phase of exploration. Figure 1:  Overview map of the VBM-MUN exploration licenses with exploration targets and 2023 drill hole locations over the surface geology. Kinross-Mundoro Project Focused on Community Engagements: In Q4-2023 the work program focused on community engagement and permitting in preparation for future drilling at the Central Target and Southern Target areas. Figure 2:  Overview map of the GT7 exploration license with exploration targets over the surface geology. BHP-Mundoro Projects Completion of Scout Drilling in Vitanovac: In Q4-2023 a scout drill hole to confirm prospective volcanic units within the Vitanovac license was completed with 458.2 meters of drilling. A down-hole petrophysical survey was also completed for the hole during the quarter. Assay results for core samples and interpretation of the down-hole logging data is expected in Q1-2024. Advancing Exploration for Upcoming Drill Programs: In Q4-2023 a ground gravity survey in the South Corridor Project was completed with a total 2331 gravity station measurements. Results were received for the ground gravity survey as well as results for an additional ground gravity survey completed at the end of Q3-2024 covering the Trstenik Project. In Q4-2023 a passive seismic geophysical survey was completed in the Trstenik Project with geophysical interpretation expected in Q1-2024.  The Company is compiling the geophysical interpretations along with the geological, geochemical and alteration data sets for each project in order to develop additional drill targets for testing. JOGMEC-Mundoro Project Advancing Exploration for Upcoming Drill Program: In Q4-2023 the Company received the geophysical interpretation for the completed (“AMT”) survey which covered 27 line kilometers.  The AMT interpretation was used to fine tune already planned drill hole locations, as well as to generate new drill targets and plan additional drill holes to test these targets.  A Phase I drill program is planned for 1,900 meters after receiving all relevant permissions from local government agencies. Figure 5:  Overview map of the EE1 exploration license with exploration targets over the surface geology. Vale-Mundoro Projects, Arizona Drilling at Dos Cabezas in Arizona:  The Phase 1 Drill Program recommenced at Dos Cabezas in Q4-2023 over three target areas: Mineral Park, Mescal Canyon and Casey Copper Canyon. The drill hole at Mineral Park was completed to the planned depth of 598 meters intersecting strong alteration over multiple zones. The drill hole at Mescal Canyon was drilled to 744 meters and the hole will be completed to the planned depth of 900 meters once the drilling contractors return to site in the new year. The Phase 1 Drill Program will also test the Casey Copper Canyon target to a proposed depth of 600 meters. Results will be released once the Phase 1 Drill Program is completed and all assay results are returned and interpreted. Advancing Exploration for Upcoming Drill Program in Picacho: In Q4-2023, project wide drone magnetic and ground gravity surveys were completed and the results returned.  Geophysical interpretations are ongoing and planning is underway to integrate these results with mapping and geochemical results to develop drill targets for testing in the next phase of exploration. New Projects Identified in Arizona:  The Company’s generative exploration team has identified in 2023 two new designated projects which have been submitted to Vale Base Metals.  The Company’s generative team continues to develop additional areas of interest for further designated projects in under exploration regions of Arizona. Figure 6:  Overview map of the Picacho exploration license with exploration targets over the surface geology. Figure 7:  Overview map of the Dos Cabezas exploration license with exploration targets and Phase 1 drill hole locations over the surface geology. Corporate Update Further to the Company’s news release on December 14, 2023 announcing its intention to undertake a Normal Course Issuer Bid (“NCIB”), the Company clarifies that it may purchase for cancellation up to a maximum of 3,741,502 of its Common Shares, representing approximately 5% the 74,830,051 Common Shares outstanding in its public float. All other aspects of the NCIB as described in the December 14 news release remain unchanged. The actual number of Common Shares of the Company that are purchased for cancellations under the NCIB, if any, and the timing of such purchases will be determined by management as approved by the Board of Directors of the Company. Qualified Person The scientific and technical information described in this Press Release has been prepared in accordance with National Instrument 43-101. The scientific and technical information for Serbia exploration programs was reviewed and approved by Thomas Sant, FGS (EurGeol, CGeol) a Qualified Person as defined by NI 43-101 the Company’s Exploration Director for Serbia. The scientific and technical information for the Bulgaria and USA exploration programs has been reviewed and approved by T. Dechev, P.Eng (PEO, APEGBC), a Qualified Person as defined by NI 43-101, and the Company’s Chief Executive Officer. About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro from partners and creates royalties attached to each mineral property.  The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. For further information about Mundoro, please contact Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055, and Shamil Devji, Investor Relations Manager at +1-604-669-8055.  You can also visit Mundoro’s website www.mundoro.com. Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe” or “continue” or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company’s future strategy and business plan and execution of the Company’s existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro’s assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company’s filings with the Canadian securities regulators available on www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

October 22, 2020, Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company"), a generator company with a portfolio of projects focused on copper and gold that generate prospective royalties and near-term revenue, announces it has entered into a binding Memorandum of Understanding ("MOU") with Vale Canada Limited ("Vale") as outlined below. Teo Dechev, CEO of Mundoro commented, “Mundoro is pleased to expand its relationship with Vale by signing this binding MOU for the option of two of Mundoro’s projects in Timok, Serbia.  This broadening relationship reflects (i) the quality projects Mundoro’s exploration team has generated and advanced; (ii) the Company’s commitment to bring value to the local mineral industry and communities where we operate and (iii) the added value to Mundoro shareholders through generating prospective royalties and near term revenue from our portfolio of projects.  Mundoro’s business strategy has raised US$13.6 million in partner funded exploration expenditures invested in the local mineral industries where we operate and has generated revenues of US$1.3 million for Mundoro shareholders.” Transaction Overview Mundoro has signed binding MOU with Vale setting out the commercial terms for an option (the “Option”) on two exploration licenses (“Projects”) in Serbia. The MOU has an exclusivity period for the parties to complete a definitive agreement (the "Agreement") on the Projects.  Pursuant to the Option, Vale can earn-in a 100% interest in the Project as follows: Property Expenditures and Operator Fees To exercise the Option, Vale must complete the following exploration expenditures: US$ 2 M over two years, and if Vale extends the Option period for an additional year, US$ 1M during such extension year. Mundoro will be the operator of the Projects during the Option period and receive an Operator Fee. Option Payments During the Option period, Vale will make annual option payments of US$200,000 per year. NSR Upon exercise of the Option, Mundoro will retain a 2% NSR royalty on the Projects, of which Vale will have an option to purchase up to 1% of the NSR royalty (subject to certain conditions) with payments tied to the gold price at that time. At the current gold price, the value of the 1% NSR is estimated at US$9.2 million.Advance Royalty Payments After exercise of the Option, Vale must make annual advance royalty payments to Mundoro of US$200,000 per year until commercial production commencement. Milestone Payments After exercise of the Option, Vale must make milestone payments to Mundoro totaling US$9,000,000 upon completion of four major milestones commencing with a resource estimate filing and ending with attainment of a development permit. Project Information The two licenses are located in the southern portion of Timok which is one of the most prolific metallogenic domains in the Tethyan Belt which extends from eastern Europe, through Turkey to Iran and Pakistan. Timok hosts the recently discovered Cukaru-Peki deposit and the producing mines: the Bor copper porphyry underground mine and the Majdanpek and Veliki Krivelj copper-gold porphyry open-pit mine (“Bor Mine Complex”) (see Figure 1: Location Map). The two licenses, Savinac and Bacevica, reverted 100% to Mundoro for no consideration in Q2-2020. Savinac The Savinac license is located 15 km southwest of the Bor Mine Complex. The property contains a significant elongated north-south area of hydrothermal alteration covering 14 sqkm which hosts epithermal and porphyry targets marked by Cu-Mo-Au-Ag-Pb-Zn geochemical anomalies. The hydrothermal alteration defined over a 9 km strike in mapping coincides with an elongate zone of demagnetization of the host volcanic rocks. Within the hydrothermal alteration, exploration work identified the Tilva Rosh epithermal gold target which contains a trench assaying 30 g/t gold and 171 g/t silver over 12m.  Drill results from Tilva Rosh identified the continuation of the main north-south trending mineralized structure which strikes towards the north and under a lithocap that remains untested. Bacevica The Bacevica license is located directly south of the Savinac license. The property contains 8 km of hydrothermal alteration directly linked to the Savinac hydrothermal alteration to the north. The project has four identified targets that have geological mapping, rock and soil sampling, ground magnetics, IP and CSAMT geophysical surveys, limited reverse circulation scout drilling and diamond drilling. Qualified Person The exploration work programs described herein were supervised by Y. Khrischev, the Company's Exploration Manager in Serbia and Bulgaria who has also prepared the above technical information in this press release in accordance with Canadian regulatory requirements as set out in National Instrument 43-101. The above technical disclosure in this press release has been reviewed, verified and approved, by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and consultant of the Company. About Mundoro Capital Inc. Mundoro is a Canadian listed 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 an attractive 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.  The Company’s common shares are listed on the TSX Venture Exchange under the symbol MUN. 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, info@mundoro.com Figure 1: Location Map Source: 1. Third party resources estimates based on those reported by RTB Bor Group. Resources reported according to Russian classification system. 2. Nevsun NI 43-101 Technical Report on SEDAR.

June 13, 2022 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") "), is pleased to report an update on initial exploration at the Dos Cabezas Property in Cochise County, Arizona.  Vale is earning into the Dos Cabezas property based on a two year earn-in agreement that was signed in December 2021 (see press release here). Teo Dechev, CEO and President commented: “We are pleased to announce the initial exploration completed at the Dos Cabezas property, which is a Mundoro generated copper-focused project in the Laramide Belt in Arizona, and under option to Vale as of December 2021.  Mundoro is the operator of the exploration program which has consisted of prospecting, geological mapping, geochemical grid sampling, alteration analysis and a geophysical survey. The exploration team is excited to drill test this new target area identified through multiparameter techniques indicating the potential for a porphyry system that has no record of any modern exploration or drill testing.” Follow our weekly updates on: LinkedIn and Twitter @Mundoro Regional Geology and Surrounding Mines The Dos Cabezas Project lies within the Laramide Porphyry Belt, a prolific region of porphyry copper deposits extending from northern Mexico through the southwestern US. The majority of production in Arizona is related to the Laramide Porphyry Belt which hosts world class deposits such as Morenci, Safford, Miami-Inspiration, Sierrita, Silver Bell, Resolution, and others. Arizona was responsible for 66% US production of copper in 2018. During the Laramide Orogeny (~75-50ma), numerous porphyry copper deposits formed, making this region one of the most prolific producers of copper in the world.  Post laramide faulting, volcanism, and sedimentation concealed many of these systems, leaving many deposits to be discovered by today's advanced methods of exploration. Project Location The Dos Cabezas Project is located in southeast Arizona, USA approximately 150 km east of Tucson, see Figure 1: Location Map of the Dos Cabezas Project. Dos Cabezas Project area covers 58 sq.km. (5,800 hectares) at the Dos Cabezas Mountain range within the Laramide Porphyry Belt. The Dos Cabezas Project can be accessed via a combination of highways, secondary paved roadways, ranch roads, and ATV trails. Figure 1: Location Map of Project Figure 2: Dos Cabezas Alteration and Geochemistry Historical Exploration and Exploration Targets The Dos Cabezas Project is near the historic Teviston, Silver Camp, and Mascot mining districts. With the exception of the Spike E Hills porphyry system (located ~4 km northwest), historic mining and exploration focused on gold/silver/base metal veins and substantial amounts of high-grade copper ore shipped directly to smelters.  Although USGS mapping in the 1980s determined the existence of an attractive, large Laramide volcano-igneous complex in the western Dos Cabezas Mountains, lack of access precluded serious porphyry copper exploration throughout the late 1900s. Numerous prospects, shafts, and adits are present within the Dos Cabezas Project Area. Mining reported from the late 1800s through to the late 1900s includes production from widespread placers, numerous high-grade gold/silver veins and substantial quantities of direct-shipping base metal ore from a few larger mines. Primary targets identified by Mundoro’s initial exploration of a small portion of the project area include: Mescal Canyon - Mapping has identified a zone of porphyry-style, quartz-sericite-pyrite veining (phyllic alteration) and outcropping copper mineralization within a large propylitic halo. Despite this, little evidence of any drilling or exploration beyond small scale prospecting have been identified. Geologic mapping, structural features, geochemical sampling, alteration and geophysics indicate a potential porphyry copper target at depth. Mineral Park - Mineral Park contains a number of historic mines and prospects. These include gold-copper-magnetite skarns, base/precious metal veins and widespread mineral occurrences near an outcropping, altered Laramide intrusive indicating potential for a larger system at depth. Other areas - Potential exists for additional porphyry copper targets within Mundoro's land package in other, as-yet unexplored portions of the mountains and the adjacent buried pediment. Further exploration work is planned for the covered areas for additional targeting in 2022 to advance existing targets and develop new ones. Mineralization and Alteration District scale mapping and geochemical sampling has identified porphyry style veining and alteration within the Dos Cabezas Project. Veining, alteration, and copper showings, show a clear association with “Laramide aged” intrusive rocks. Alteration patterns show zonation consistent with porphyry copper models. Two target areas have been identified as possible previously unknown hydrothermal centers: Mescal Canyon - Sheeted quartz-pyrite-chalcopyrite-sericite veining has been exposed by erosion along the base of the canyon over an approximate 500m by 500m area. Phyllic-argillic alteration within Laramide intrusive rocks is present in this area along with sheeted quartz sulfide veining. Mineral Park - Magnetite skarns with retrograde overprints are present around the contact of the Laramide monzonitic intrusive with local magnetite endoskarns. Quartz-sericite veining and sericite alteration is present within the monzonite.Property Geology The geology of the property consists primarily of “Laramide aged” volcanic and intrusive rocks. These have been uncomfortably deposited on Cretaceous aged sedimentary rocks and Proterozoic aged metamorphic and granitic rocks. Intruding into the volcanic rocks are a number of granodiorite to monzonite intrusives with one published age date of 64.3ma. The volcanics are truncated to the south by a major west-northwest striking structure known as the Apache Pass Fault Zone. This structure places Cretaceous and Paleozoic sedimentary rocks and Proterozoic metamorphic and granitic rocks against the Laramide volcanics. “Basin and Range” style normal faults are inferred on published maps south of the Apache Pass Fault Zone with relatively shallow pediment cover occurring along the range front in contact with the Laramide volcanics. Qualified Persons The above technical disclosure in this press release has been reviewed and verified, by T. Dechev, P.Eng, PEO, APEGBC, the CEO of the Company, a Qualified Persons as defined by NI 43-101. About Mundoro Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused on primarily base metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro from partners and creates royalties attached to each mineral property.  The portfolio of mineral properties is currently focused on predominately copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedar.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further information, please visit Mundoro Capital’s website www.mundoro.com Teo Dechev, Chief Executive Officer, President and Director +1-604-669-8055 info@mundoro.com

JUNE 28, 2022, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company"), an royalty generator with a portfolio of mineral properties primarily focused on base metals, is  pleased to announce the voting results of its Annual General Meeting of shareholders held on June 28, 2022 (the “Meeting”). Follow our weekly updates on: LinkedIn and Twitter @Mundoro Results from Annual General Meeting The Company's shareholders voted in favor of all matters brought before the meeting.  A summary of the voting results is shown below: 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. Retirement of Chairman Mr. John Hoey, Non-Executive Director and as Non-Executive Chairman of Mundoro, after 14 years of service to the Company has retired, with effect from the close of Mundoro’s Annual General Meeting. Mundoro Chairman, John Hoey, said, "It has been an honor to serve as Mundoro's Chairman for the past 14 years. I have thoroughly enjoyed my time as both a Non-Executive Director and Chairman of Mundoro and leave the Company in the capable hands of a strong and committed Management team and Board. While I have decided now is the right time for my retirement from the Board, I fully expect to remain an interested and engaged shareholder of the Company." Mundoro Chief Executive Officer, Ms. Teo Dechev, said, "On behalf of all of us at Mundoro I would like to thank John Hoey for his strong leadership and contributions to Mundoro over the past 14 years. I consider myself fortunate to have had the opportunity to collaborate with John over the last 14 years.  Not only is he a great business leader with an accurate and informed view of international business, but he has also been a mentor providing advice and insight.  During his tenure as Chairman, Mundoro has transitioned to a generative focus in Eastern Europe and the USA and is well positioned for continued growth and value creation for years to come. As we advance our growth plans, we look forward to receiving his continued contributions and support." Officer Appointment Mundoro is pleased to appoint Mr. James Scott as interim Chief Financial Officer effective June 28, 2022. Mr. Scott brings over 30 years of experience in accounting with a focus on the minerals sector. His career began as a Senior Manager at PriceWaterhouse Coopers (PWC) and thereafter he held senior positions at Inco Limited, Ascot Solutions, and Prised Solar Inc.  Mr. Scott is a designated Chartered Professional Accountant (CPA), is a designated Chartered Accountant (CA) and holds a Bachelor of Commerce degree from the University of Toronto. Mr. Peter Wong will be stepping down as CFO due to personal reasons. We thank Mr. Wong for his past services as CFO and wish him success in his personal endeavors. On behalf of the Company, Teo Dechev Chief Executive Officer, President and Director About Mundoro Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused on primarily base metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro from partners and creates royalties attached to each mineral property.  The portfolio of mineral properties is currently focused on predominately copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedar.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further information, please visit Mundoro Capital’s website www.mundoro.com Teo Dechev, Chief Executive Officer, President and Director +1-604-669 -8055 info@mundoro.com

August 31, 2022, Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company"), a royalty generator company with a portfolio of projects focused on copper and gold, announces it has entered into a Option Agreement ("Agreement") with Kinross Gold Corporation ("Kinross") setting out the commercial terms for Kinross to earn-in 100% (“Option”) of Mundoro’s 100% owned exploration property identified as GT7 (“GT7 Property”) in Serbia. Teo Dechev, CEO of Mundoro commented, “We are pleased to announce the expansion of our partnerships with senior mining companies that see the value in greenfield exploration in the western portion of the Tethyan Belt.  Our exploration team is excited to be collaborating on the GT7 Property exploration programs with Kinross in order to demonstrate the potential of these types of systems in the Tertiary portion of the belt. This region in Serbia remains underexplored and not well understood compared to the Timok region.” Property Information The GT7 Property occupies 97 sq.km and is in the northern portion of the Serbo-Macedonian Metallogenic Province, which is part of the Tethyan Orogenic Belt. The area is considered highly prospective for gold-copper porphyry and related epithermal precious metals mineralization. The GT7 Property contains exposures of diorite porphyry gold-copper type quartz vein stockwork mineralization and is likely related to precious and base metals veins hosted within surrounding sedimentary country rocks.  The field work completed to date (see Figure 1) identified two areas of anomalous copper-gold-molybdenum in soil geochemistry (i) North Zone and (ii) South Zone, respectively. At the North Zone, Quartz B-type veins with magnetite and chalcopyrite that typically form stockworks in porphyry copper-gold deposits were found in diorite porphyry outcrop in  a  stream bed. At the South Zone, about 1.5 km to the south, historical workings and several outcrops of base-metal vein type mineralization were located within andesitic volcanic cover rock. Current Exploration Efforts.  Kinross has commenced funding of an approved Work Program and Budget for 2022 with completed collection of 806 soil samples, extensive alteration mapping and rock sampling from observed mineralized exposures. In Q3-2022, a ground magnetics program was completed over the entire license area.  An IP geophysical survey will commence over select locations in September 2022.  Targeting is underway to advance drill targets for testing commencing in Q4-2022. Figure 1: Map of GT7 Property Location and Geology and Alternation Transaction Overview Kinross can earn-in a 100% interest in the GT7 Property by completing US$6,000,000 of exploration expenditures over 5 years with a firm commitment of US$1,500,000 exploration expenditures in the first 18 months.  While Mundoro is the Operator of the GT7 Property, the Company will receive Operator Fees.  During the term of the Option, based on certain conditions, Kinross will make annual payments which commence with a payment at the execution of the Agreement. After exercise of the Option, Kinross will make annual payments to Mundoro until commercial production commences.  Upon exercise of the Option, Mundoro will retain a 2% NSR royalty on the Property, of which Kinross will have an option to purchase a portion over two tranches which are: (i) within 3 years of the Option exercise, purchase 0.5% of the NSR royalty for a payment price linked to the gold price at that time (the “Initial Buy-back”), and (ii) if the Initial Buy-Back is completed, at any time thereafter purchase an additional 0.5% of the NSR royalty for a payment price linked to the gold price at that time. Qualified Person The European exploration work programs described herein were supervised by Y. Khrischev, EurGeol, a Qualified Person as defined by NI 43-101, and the Company's Exploration Manager in Serbia and Bulgaria. Y. Khrischev has prepared the technical information in this press release in accordance with Canadian regulatory requirements as set out in National Instrument 43-101. About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused on primarily base metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro from partners and creates royalties attached to each mineral property.  The portfolio of mineral properties is currently focused on predominately copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. 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 info@mundoro.com

September 6, 2022 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") and Japan Oil, Gas and Metals National Corporation. ("JOGMEC"), are pleased to announce the commencement of an exploration program on the recently approved JOGMEC-Mundoro Copper Project located in western Bulgaria. Highlights The JOGMEC-Mundoro Copper Project is considered highly prospective for sediment-hosted stratiform type deposits similar to that of the Kupferschiefer in Germany and Poland and the Central African Copperbelt in Zambia and DRC. JOGMEC-Mundoro Copper Project has several historical mines and 60 copper-lead-zinc mineral occurrences. From 1953 to 1992 the total mining production from the historical mines in the license area is reported as 3,263,200 tons of ore with contained 20,611 tons of copper and 990 tons of lead and zinc. Historical data collection, digitization and interpretation has been completed, the work program has been approved by the local government and exploration work is expected to commence in Q3-2022. Teo Dechev, CEO and President commented: “We are pleased to have the opportunity to expand our partnership with JOGMEC to advance the JOGMEC-Mundoro Copper Project.  JOGMEC has a strong reputation as a long term, strategic investor in mineral projects globally.  This Agreement represents Mundoro’s second project-level partnership with JOGMEC, which demonstrates the continued interest in the mineral prospectively of the western Tethyan belt and Mundoro’s ability to generate, partner and advance mineral projects.” Follow our weekly updates on: LinkedIn and Twitter: @Mundoro Project Summary Project Location and Background The EE1 license (“JOGMEC-Mundoro Copper Project”) is an area totaling 166 sqkm located within the West Balkan zone of northwestern Bulgaria. The JOGMEC-Mundoro Copper Project is located in the historical Iskar mining region in northwestern Bulgaria. The structural setting of the region is characterized by reverse-and-thrust fault tectonics, dominated by the overriding of the rock sequences of the West Balkan tectonic zone by the Palaeozoic basement of Srednogorie tectonic zone. More than 60 copper-lead-zinc mineral occurrences and several historical underground mines are recorded in the area. Project Geology The metallogeny of the region is defined generally by lens-like and stratiform copper-lead-zinc and copper deposits. Up to 1995, 3,194,000 tons of ore are reported to have been mined out at average copper grade of 0.75% Cu. The copper-silver mineralization formerly mined in the Iskar region is hosted mainly by early Mesozoic sedimentary rocks. The copper sulphide minerals are hosted by white quartz sandstone that was originally part of a red-bed sequence. The sulphides are finely disseminated as well as occurring as larger grains in narrow quartz ± carbonate veinlets. The sulphides observed in the dump samples are hypogene chalcocite, chalcocite and bornite, bornite, chalcopyrite, chalcopyrite and pyrite or pyrite, which are suspected to have come from a sequence of transitional zones, with chalcocite at the base and pyrite at the top. Much of the by-product silver is likely be in solid solution in the chalcocite. The copper-silver mineralization in the Iskar region is confirmed to be of sediment-hosted stratiform type, like that in the Kupferschiefer of Germany and Poland and the Central African Copperbelt of Zambia and DRC. This copper deposit type is formed by brines expelled from sedimentary basins, probably during compression and tectonic inversion, and is unrelated to magmatic activity. The historical mining production data are derived from reports prepared by the National Geological Survey and held in the Bulgarian National Geological Fund.  The company is not currently able to confirm the dates and the tonnage of the production, extraction methods and parameters used in the historical reports.  At this time, Mundoro is not able to determine the reliability of the total mining production at the project area with reference to the standards applicable to CIM-compliant. Transaction Summary In Q3-2022, JOGMEC will complete the Stage One Earn-in as part of the Generative Alliance between JOGMEC and Mundoro which was conducted in 2019.  Upon completion of Stage One Earn-in, the Stage Two Additional Option period commences, where JOGMEC can earn-in an additional 24% interest to a total of 75% interest, in the JOGMEC-Mundoro Copper Project by completing a Preliminary Economic Assessment over 6 years.  Mundoro will be the initial operator of the JOGMEC-Mundoro Copper Project and will earn an Operator Fee throughout the Operatorship period.  On the completion of Stage Two Additional Option, JOGMEC will have a right, to purchase an additional 5% interest in the JOGMEC-Mundoro Copper Project from Mundoro, for a total of 80% interest.  The purchase price for the 5% interest will be determined by an independent appraisal of fair market value.  Mundoro will be free carried on the JOGMEC-Mundoro Copper Project through to commercial production if JOGMEC completes the Stage Two Additional Option. Mundoro’s portion of capital expenditures shall be repaid from 50% of the cash flow that Mundoro would be entitled to receive on a pro rata basis from the joint venture.    If either party dilutes below 10%, their interest will convert into a 2% NSR.  A management committee has been formed and is comprised of two representatives from each of Mundoro and JOGMEC. Qualified Person Y. Khrischev, EurGeol, a Qualified Person as defined by NI 43-101, and the Company's Senior Exploration Manager in Serbia and Bulgaria has verified and approved the above technical disclosure in this press release. Mundoro Capital Inc. www.mundoro.com Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused on primarily base metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro from partners and creates royalties attached to each mineral property.  The portfolio of mineral properties is currently focused on predominately copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. 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

September 13, 2022 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") is pleased to provide an update on the Company’s financials and project portfolio in Q2-2022 along with the outlook for H2-2022. Teo Dechev, CEO and President commented: “Mundoro will continue to generate value for its shareholders through funded partnerships on the existing project portfolio while generating new project areas for future partnering.  The Company has grown the fees and payments it has received during the first half of 2022 and anticipates additional growth in the second half of the year while our exploration team gears up for ~10,000 meters of drilling over three programs sole funded by partners.” Follow our weekly updates on: LinkedIn and Twitter @Mundoro Figure 1: The Western Tethyan Belt Financial Highlights and Outlook Strong Cash Position: As of June 30, 2022, the Company held C$4.1 million in cash and cash equivalents (“Cash Position”) and no long-term debt. Generating Cash to Cover Expenses: In H1-2022, the Company has generated C$368k in Fees and Payments while Corporate Expenses were C$453k for the same period.  For H2-2022 the Company anticipates receiving C$ 0.7 of fees and payments which are expected to exceed 2H 2022 corporate expenses.  As a result, the Company does not anticipate a need to raise capital for the next twelve months. Growing Partnerships and Drilling in Q4: From 2016 to 2022, Mundoro’s generative and partnership business strategy has successfully negotiated 10 option and earn-in agreements with five different major miners including: JOGMEC, Vale, Kinross, Freeport McMoRan and First Quantum Minerals.  In H2-2022, the Company’s exploration teams are preparing for ~10,000 meters of drilling over three programs sole funded by partners: ~3,000 meters at GT7 in Central Serbia, ~4,000 meters at Bobot and Odej in South Timok, and ~3,000 meters at Dos Cabezas in Arizona. Project Portfolio and Transaction Highlights New Commencement of Drill Program at Zeleznik Project: Drill permitting approvals were received in Q3-2022 and as a result the Company began a drill program at the Zeleznik Project at the northern portion of the Timok Magmatic Complex (“Timok”) in eastern Serbia. The drill program is designed to test the southern extension of the mineralized intrusion related dykes in the West Zone. New Mundoro–Kinross Transaction for GT7 Property in Serbia: Mundoro entered into an Option Agreement with Kinross Gold Corporation (“Kinross”) setting out the commercial terms for Kinross to earn-in to the GT7 Property in Serbia. The budgeted exploration program has commenced and completed detailed geochemical soil sampling, mapping, and ground magnetics over the entire license area. In Q4-2022, the exploration program will complete further geophysics over selected areas to advance targets for drill testing for approximately 3,000 meters of drilling which is expected to commence in Q4-2022. For further information see our press release dated August 31, 2022.  Mundoro is the operator of the work program. New Mundoro–JOGMEC Copper Project in Bulgaria: Mundoro and Japan Oil, Gas and Metals National Corporation (“JOGMEC”), announced the commencement of exploration for the recently approved work program on the JOGMEC-Mundoro Copper Project located in Bulgaria. The budgeted work program during this year’s field season consists of: geochemical stream sediment sampling, geochemical soil sampling and geophysics over several target areas in order to develop drill targets.  For further information see our press release dated September 6, 2022.  Mundoro is the operator of the work program. Advancing the Mundoro-Vale Dos Cabezas Project in Arizona, USA for Drill Testing: Several porphyry copper targets have been identified for drill testing. In Q2-2022, as part of the budgeted work program, the exploration team completed: (i) detailed mapping of 5 target areas to further refine the understanding of alteration, lithology, and structures with the geochemistry received to date from a broad sampling program, (ii) interpretation of the results from an aeromagnetic and radiometric survey over the entire project area which has elevated the ranking of several targets for drill testing, and (iii) commenced permitting for a Phase 1 drill program for approximately 3,000 meters of drilling which is expected to commence around the end of Q4-2022. For more information, please see the press release dated June 13, 2022.  Mundoro is the operator of the work program. Advancing the Mundoro-Vale Projects in South Timok, Serbia for Drill Testing: Several porphyry copper targets have been identified for drill testing. The budgeted exploration program completed soil sampling, geological mapping and ground geophysics to cover the areas of the licenses which were not previously surveyed.  Reprocessing and modeling were completed of the geophysical data along with the geological data to refine the drill targets planned for drilling. Permitting has commenced for the drill program for approximately 4,000 meters of drilling to commence in September 2022.  For more information, please see MD&A filed for Q2-2022.  Mundoro is the operator of the work program. Two Additional Copper-Gold Licenses Granted in Serbia: The Company continues to generate new opportunities for copper exploration. As part of the Company’s ongoing generative programs, the Company has received approvals for two additional exploration licenses: Vitanovac (40 sqkm) and Ponor (93 sqkm) located at the southern-end of Timok. These license areas represent an expansion of the Company’s land position along similar lithological units as in Timok, which is one of the most prolific metallogenic domains in the western portion of the Tethyan Belt. The Company subsequently received interest from various third parties for optioning these license areas. Discussions with Third Parties for Additional Property Transactions: Mundoro continues to receive interest in the Company’s available project areas in Serbia and Bulgaria.  The Company announced it had entered into a Letter of Intent with a third party in Q2-2022, please see MD&A filed for Q2-2022.  The Company continues to have ongoing discussions for these projects with third parties. Qualified Persons The exploration work programs described herein for Serbia and Bulgaria were reviewed and approved by Y. Khrischev, EurGeol, a Qualified Person as defined by NI 43-101, and the Company's Senior Exploration Manager in Serbia and Bulgaria.  The exploration work programs described herein for the USA has been reviewed and approved by T. Dechev, P.Eng (PEO, APEGBC), a Qualified Person as defined by NI 43-101, and the Company's Chief Executive Officer. Mundoro Capital Inc. www.mundoro.com Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused on primarily base metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro from partners and creates royalties attached to each mineral property.  The portfolio of mineral properties is currently focused on predominately copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedar.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further information, please visit Mundoro Capital’s website www.mundoro.com Teo Dechev, Chief Executive Officer, President and Director +1-604-669-8055 info@mundoro.com

October 5, 2022 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce commencement of a drill program at the Mundoro-Vale optioned projects located in the south central Timok Magmatic Complex(“Timok”) in Serbia. The drill program is planned for 4,000 meters to test 3 target areas with 5 drill holes. Regional Setting The porphyry copper-molybdenum-gold targets selected for drill testing are located in the southern portion of  Timok and south-west of the Bor mining complex. Timok is one of the most prolific metallogenic domains in the western portion of the Tethyan Belt and is host to the Cukaru-Peki mine, which is a high sulphidation epithermal copper-gold and porphyry copper deposit, the Bor underground mine which is a copper-gold porphyry, and the Veliki Krivelj and Majdanpek open-pit mines which are both copper-gold porphyries (see Figure 1). Figure 1 – Location Map of Vale-Mundoro JV Project area in Timok with drill hole locations of current drill program. Highlights of the Targets The three main areas for drill testing during this program are: (i) Tilva Rosh, (ii) Markov Kamen, and (iii) Bacevica North. These three areas have been selected out of several target areas ranked as prospective for porphyry copper-molybdenum-gold deposits within the Vale-Mundoro Option Projects (see Mundoro press release July 6, 2021). The targets are within zoned hydrothermal alteration which can be traced at surface for 10 km along strike and contains gold epithermal and copper-gold porphyry style mineralization. The north-south striking alteration corridor correlates with a strong magnetic anomaly interpreted as a magnetite destructive zone of advanced argillic alteration that comprises a broad litho-cap. In the Tilva Rosh and Markov Kamen target areas, the current drilling program is a follow up drilling campaign utilizing the vectors to a potential porphyry system identified from interpretation of previous drill results and geophysical surveys. While at the Bacevica North target, a strong and near surface IP anomaly will be tested for the first time as a result of encouraging geochemical sampling results and surface mapping completed. Discussion of Target Areas Tilva Rosh – exploration mapping and drilling to date confirmed advanced argillic alteration within a broad litho-cap with epithermal gold mineralization and copper-gold-molybdenum geochemical anomalies at surface extending over an area of 3.6 km x 1.2 km in size. Signs of down dip alteration to the west was identified in the drill core from the prior drilling campaign in Q4-2019. High-temperature advanced argillic alteration identified at the bottom of one of the nearest drill holes is suggestive for potential hydrothermal fluid up-flow zone. Two drill holes will test the northern portion of Tilva Rosh, targeting the base of the litho-cap as supported by both recent geophysics interpretation of IP, CSAMT and magnetics data as well as potassic alteration identified in a prior drill hole. Markov Kamen – located directly south of Tilva Rosh, Markov Kamen is a large area of silicification covering 3.2 km x 500 m, hosts a significant hydrothermal breccia with anomalous gold grade, and is open to the west and at depth. High-grade copper and gold grades received from sampling old workings contain hypogene chalcocite at the southern edge of the target area. Based on geophysics, the target to be drill tested is interpreted as a root of an advanced argillic alteration zone. The presence of zunyite and topaz in some of the previously completed drill holes is an indicator of proximity to a porphyry with the potential hydrothermal fluid up-flow zone. Two drill holes will test the central and southern portions of Markov Kamen, targeting (i) a deeper root of a CSAMT anomaly and (ii) a shallower IP anomaly as follow up drilling from previously drilled diamond drill holes. Bacevica North – located south-southwest of the Markov Kamen target area, this target was recently identified comprising of a strong IP anomaly and intense quartz-sericite-pyrite altered andesite at surface. One reconnaissance drillhole is planned to test the IP anomaly which is supported by the encouraging geochemical sampling results and surface mapping completed during the current field season. Qualified Person The European exploration work programs described herein were supervised by Y. Khrischev, EurGeol, a Qualified Person as defined by NI 43-101, and the Company's Exploration Manager in Serbia and Bulgaria. Y. Khrischev has prepared the technical information in this press release in accordance with Canadian regulatory requirements as set out in National Instrument 43-101. About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro from partners and creates royalties attached to each mineral property.  The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. 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 info@mundoro.com