November 30, 2023 Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) (“Mundoro” or the “Company“) is pleased to report profitable financial results from its operations in the first nine months ending September 30, 2023 (“Q3-2023”). Teo Dechev, CEO and President commented: “The Company is pleased to report a profitable period for the nine-months ended September 30, 2023, where Cash Flow from Operations increased to $1,315,362, which is 428% increase over the same period ended September 30, 2022.  The profitable operations are a result of generating value added opportunities for our partners while also providing value added operational services to our partners. This unique business model creates value for our shareholders, partners and the communities where we operate.” Financial Highlights and Outlook For further information of the Company’s financial results, please refer to the condensed interim consolidated financial statements and MD&A for the nine-month periods ended September 30, 2023, and 2022. The Company’s filings are available on SEDAR at www.sedar.com and on Mundoro’s website at www.mundoro.com. Strong Cash Position: As of September 30, 2023, the Company held $5,780,203 in cash and cash equivalents (“Cash Position”) and no long-term debt. Fees Earned:  During the three and nine-months ended September 30, 2023, the Company generated $935,476 and $2,394,299, respectively, in Fees and Payments, representing an increase of 110% and 194%, respectively, compared to the same periods in Q3-2022. Corporate Expenses: During the three and nine-months ended September 30, 2023, the Company incurred general and administrative expenses of $431,047 and $1,056,211, respectively, up 15% and 27% compared to the same periods in 2022. Net Income: During the three and nine-months ended September 30, 2023, net income was $75,903 and $1,154,991, compared to a net loss of $16,323 and $498,117 for the same periods in 2022, which represents a 565% and 332% increase, respectively. Positive Cash flow from Operating Activities: Cash flow from operating activities is $1,315,362 during the nine-months ended September 30, 2023 compared to a loss of $400,689 for the nine-months ended September 20, 2022 which represents an increase of 428% compared to the same period in 2022. Q3-2023 Exploration Portfolio Highlights Follow our weekly updates on: LinkedIn and Twitter @Mundoro For further information of the Company’s Summary of Operations, please refer to the MD&A for the nine-month periods ended September 30, 2023, and 2022. The Company’s filings are available on SEDAR at www.sedar.com and on Mundoro’s website at www.mundoro.com. Vale-Mundoro Projects, Serbia Completion of Phase II Drill Program at Skorusa Target: In Q3-2023, a phase II drill program was completed that followed up on previous AMT geophysical anomalies and mineralization at depth. The program drilled 1004.4 meters in a single drill hole. Assay results are expected in Q4-2023. Completion of Drilling at Prekostenski Target: In Q3-2023, 291 meters of diamond drilling was completed on a drill hole at the Prekostenski target, testing for possible extensions of mineralization intersected in previous drilling campaigns in areas with geophysical anomalies. Advancing Exploration for Upcoming Drill Programs: In Q3-2023, a passive seismic geophysical survey was completed over three target areas, for which the initial geophysical interpretations were received. In addition, in Q3-2023, a regional structural interpretation was completed to improve the understanding of the structural setting and targeting in the Timok region.  A Phase I drilling program at Branik to follow up on mineralized ore clasts intersected in a previous drilling campaign is planned for Q4-2023 for a total of up to 750 meters with the assays expected in Q1-2024.  A Phase II drill program of 1,600 meters is planned for the Markov Kamen South target area to follow up on potential extensions to mineralization intersected during previous drilling campaigns. Drilling is anticipated to be completed in Q4-2023 with assay results from this drill program anticipated in Q1-2024.  A Phase II drilling program is planned for 800 meters at the Bacevica North target to follow up areas of interest identified with geochemistry and geophysics. Drilling will commence in Q4-2023 with the assays expected in Q4-2023 or Q1-2024. Kinross-Mundoro Project Focused on Community Engagement: In Q3-2023, the work program focused on community engagement and permitting in preparation for future drilling. BHP-Mundoro Projects Completion of Drilling: In Q3-2023, a follow up drill program to test the extension of an IP anomaly to the south of the East Zone at the south end of the property was completed with one drill hole of 600.5 meters, with assay results expected in Q4-2023. Additionally, a ground gravity survey was completed measuring gravity at 1400 stations across the project, with geophysical interpretation expected in Q4-2023. Advancing Exploration for Upcoming Drill Programs: In Q3-2023, a follow-up grid-based soil geochemical sampling survey covering the Vitanovac and Ponor licenses was completed.  In Q3-2023 a ground gravity survey was completed measuring 1022 stations across the license area. Initial geophysical interpretations are expected in Q4-2023.  A Phase I drilling program is planned to test one target area within the Vitanovac license during Q4-2023. JOGMEC-Mundoro Project Advancing Exploration for Upcoming Drill Program: In Q3-2023, a soil geochemical survey and geological mapping was completed. In addition, a follow up AMT geophysical survey for a total of 27 line kilometers was completed with geophysical interpretations expected in Q4-2023. A Phase I drill program is planned for 1,900 meters after receiving all relevant permissions from the local government agencies. Vale-Mundoro Projects, Arizona, USA Preparation for Upcoming Drill Program in Dos Cabezas: In Q3-2023, a drill contractor mobilized on to the project in preparation for the Phase 1 Drill Program to commence Q4-2023 over three target areas: Mineral Park, Mescal Canyon and Casey Copper Canyon. Advancing Exploration for Upcoming Drill Program in Picacho: In Q3-2023, project wide drone magnetic and ground gravity surveys began, and are ongoing, with an expected completion in Q4-2023.  Geophysical interpretations are expected in Q4-2023.  A Phase I Drill program is being developed for 2024. 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 and Exploration Director to the Company. 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.

December 14, 2023 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce that it has submitted to the TSX Venture (“TSXV”) of its Notice of Intention to make a Normal Course Issuer Bid (the “NCIB Program”). In the opinion of the Company, its common shares (“Common Shares”) have been trading at prices that do not reflect the underlying value of the Company, including its (i) strong financial position and positive Cash from Operations as reported in the Q3-2023 Financial Statements, (ii) 10 active programs with 4 major mining companies, consisting of strategic alliances and joint ventures on projects held along two highly prospective mineral belts namely: the Timok Magmatic Complex, in eastern Serbia that hosts world class porphyry and epithermal deposits, and the Laramide Belt in Arizona which is a global leader in copper production. Accordingly, Mundoro believes purchasing its Common Shares at current price levels represents an opportunity to enhance value for shareholders. The Company’s strong cash position allows for the implementation of the NCIB Program, subject to regulatory approval, without adversely affecting Mundoro’s growth opportunities. Pursuant to the proposed NCIB Program, the Company plans to purchase for cancellation up to a maximum of 5,224,434 of its Common Shares, or approximately 5% of the Common Shares outstanding. As of November 4, 2023, there were 104,484,680 Common Shares of Mundoro Capital issued and outstanding. The purchases will be made by the Company through Independent Trading Group and in accordance with the rules of the TSXV, and the price which the Company will pay for any such Common Shares will be the market price at the time of acquisition. The Company will make no purchases of Common Shares other than open market purchases or other means approved by the TSXV. The actual number of Common Shares of the Company that are purchased for cancellations under the Bid, if any, and the timing of such purchases will be determined by management as approved by the Board of Directors of the Company. About Mundoro Capital Inc. Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals.  To drive value for shareholders, Mundoro’s asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners.  The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA. For further information about Mundoro, please contact Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055, and Shamil Devji, Investor Relations Manager at +1-604-669-8055.  You can also visit Mundoro’s website www.mundoro.com. Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

November 28, 2022 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") is pleased to report results for the period ended September 30, 2022 (“Q3-2022”). The Company’s filings are available on SEDAR at www.sedar.com, and on Mundoro’s website. Financial results were prepared in accordance with International Financial Reporting Standards. Follow our weekly updates on: LinkedIn and Twitter @Mundoro Q3-2022 Financial Highlights Strong Cash Position: As of September 30, 2022, the Company held C$3.6 million in cash and cash equivalents (“Cash Position”) and no long-term debt. Partner Funded Exploration: For the nine months ended September 30, 2022, the exploration expenditures, the majority of which are sole-funded by partners, were C$2,918k of which recoveries from option partners were C$2,483k resulting in net exploration costs of C$435k for the period. Generating Cash to Cover Expenses: For the nine months ended September 30, 2022, the Company generated C$814k in Fees and Payments while Corporate Expenses were C$829k for the same period.  As a result, the Company does not anticipate a need to raise capital for the next twelve months.Q3-2022 Exploration Portfolio Highlights Drilling Commenced at the Vale Funded SWM Projects in Timok, Serbia: Mundoro announced the commencement of a drill program (see press release dated October, 5 2022) at the SWM Vale-Mundoro 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. Three drill holes have been completed with two remaining drill holes scheduled for completion by year end. The assay results from this drill program are expected around the end of Q1-2023. Mundoro is the operator of the work program. Advancing Permitting for Drill Testing at the Vale Funded Dos-Cabezas Project in Arizona, USA: Several porphyry copper targets have been identified for drill testing. 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. In Q3-2022 the Company has been advancing 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, see press release dated June 13, 2022.  Mundoro is the operator of the work program. Advancing Exploration at the Vale Funded Valdor Projects in Serbia: To advance the targeting at the Skorusa porphyry, the Company commenced a Audio-frequency Magnetotellurics survey over a portion of the system to better understand the depth potential connecting the West and East Zones and to advance drill targeting. Interpretation models are expected in Q4-2022 to assist in further drill targeting. Mundoro is the operator of the work program. Advancing Exploration at the JOGMEC Funded EE1 Project 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 press release dated September 6, 2022.  Mundoro is the operator of the work program. Exploration Identifies Drill Targets at Kinross Funded GT7 Property in Serbia: The budgeted exploration program has completed detailed geochemical soil sampling, mapping, and ground magnetics over the entire license area. The exploration work program has identified drill targets in the area for drill testing.  The Company is focused on permitting and access for drill testing the target areas.  Mundoro is the operator of the work program. 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 continues to have ongoing discussions for these projects with third parties. In Q2-2022, the Company announced it had entered into a Letter of Intent with a third party.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

May 30, 2022 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") "), is pleased to report its quarterly update for exploration and corporate activity for the three months ending March 31, 2022.  The Company has filed its quarterly Consolidated Financial Statements and Management’s Discussion and Analysis on SEDAR at www.sedar.com and posted on the Company’s website at www.mundoro.com. Teo Dechev, CEO and President commented: “Mundoro’s copper-gold exploration properties in Serbia, Bulgaria and the USA are now all in either earn-in agreements, option agreements or letters of intent to enter into transactions with third party senior mining companies. Mundoro’s business model brings value to both our shareholders and partners to participate in copper and gold focused exploration opportunities for new discoveries in well-established mineral regions which remain underexplored.” Follow our weekly updates on: LinkedIn and Twitter @Mundoro Q1-2022 Program Highlights Strong Cash Position: As of March 31, 2022, the Company held cash and cash equivalents totaling $3,082,041 (December 31, 2021 – $3,587,477) and held $390,474 in receivables from partners as well as no long-term debt. Partner Funded Exploration: The exploration expenditures, the majority of which are sole-funded by partners, were higher at $948,776 in Q1-2022 compared to $839,503 in Q1-2021 due to higher budgeted expenditures and including the USA in Q1-2022.  Recoveries from option partners in Q1-2022 were higher when compared to Q1-2021 and were $774,330 (82%) and $631,634 (73%) respectively, resulting in net exploration costs of $174,446 in Q1-2022 and $207,869 in Q1-2021.Q1-2022 Exploration Portfolio Highlights New LOI signed for 6 of Mundoro’s Copper Properties in Serbia and Bulgaria: Mundoro has been approached by third parties regarding its various copper focused exploration licenses in Serbia and Bulgaria. The Company set up an online data room, some of which included 3D Leapfrog models for properties, which was opened for interested third parties that have signed confidentiality agreements with the Company. The Company signed a Letter of Intent (“LOI”) covering 6 license areas with a new third party in May 2022. Vale-Mundoro Arizona Project: In Q4-2021, Vale and Mundoro completed an option agreement on a copper porphyry property in Arizona. An exploration work program and budget were approved in Q1-2022.  Staking of Bureau of Land Management (“BLM”) ground was completed during Q1-2022. The project area consists of a combination of Mineral Exploration Permits from the Arizona State Land Department and claims on BLM land.  A field program of soil sampling and detailed mapping of the exploration area has commenced and is ongoing.  The Company completed an airborne magnetic and radiometric survey in May 2022. Vale-Mundoro Generative Alliance in Southwest USA: Mundoro entered into a generative alliance with Vale (“Vale Generative Alliance”), focused on the generation of new projects in Arizona and New Mexico. For further information see our press release dated December 23, 2021. JOGMEC-Mundoro Copper Exploration Program, Bulgaria: The first Designated Project from the 2019 JOGMEC Generative Alliance has received a signed exploration contract from the Ministry of Energy in Bulgaria.  The work program for the exploration area is in the final stage of the review process by the relevant government agencies.  Geological 3-D models based on historical data were completed and field mapping and sampling are planned to commence after receipt of government approvals. JOGMEC will be sole funding the work program for exploration of sediment-hosted copper stratiform-type deposits in the area. GT7 Exploration Program in Central Serbia: In February 2022, the Company entered into a Letter of Intent (“LOI”) with third party mining company to earn into the GT7 Property. The GT7 Property, located in central Serbia (see press release on March 30, 2021) is a copper-gold area totaling 98 sq. km located in the northern portion of the Serbo-Macedonian Metallogenic Province, which is part of the Tethyan Belt. The area is considered highly prospective for copper porphyry and related epithermal mineralization. The GT7 Copper Property contains exposures of diorite porphyry copper-gold-type quartz stockwork mineralization and is related to precious and base metals veins in surrounding sedimentary country rocks. The third party will sole fund an exploration work program at the project area which will include: (i) soil sampling and (ii) alteration and geological mapping and (iii) a ground magnetic survey that will include 968-line km.  All three programs will cover the entire license area to provide complete data collection for further interpretation and targeting.  The exploration program is expected to be in a position to drill test by the end of year at the South Zone. Vale-Mundoro Exploration Programs in Timok, Northeast Serbia: In Q2 2022, the four Vale-Mundoro Projects in Serbia are sole funded by Vale and have a budget which covers approximately 4,000 meters of total drilling in 2022 to test copper porphyry targets. Soil sampling, geology mapping and ground geophysics are underway to cover the areas of the licenses which were not previously surveyed. To date of reporting 378-line km of ground magnetic survey was completed. Reprocessing and modeling of geophysical and geological data is in progress to refine the drill targets planned for drilling in the second half of 2022.Qualified Persons 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 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,  Bulgaria and USA.  Value generated from our mineral properties is through near term revenues from various forms of payments from partners and long term through the generated royalties. Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedar.com. Neither 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

February 17, 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 corporate activities in Q4-2021 as well as outlook for 2022. Teo Dechev, CEO and President commented: “Mundoro grew its number of properties optioned to partners in 2021 to a record total of eight. This demonstrates (i) the continuing interest by global mining companiesfor Mundoro’s district scale copper-gold exploration properties, and (ii) the value of Mundoro’s exploration and operational experience in well-established mineral regions which remain underexplored.” Follow our weekly updates on: LinkedIn and Twitter @Mundoro 2022 Outlook ● Strong Cash Position: As of January 31, 2022, the Company held C$3.5 million in cash and cash equivalents and no long-term debt. ● Generating Cash Flow to Cover Operating Expenses: In 2022, the Company estimates receiving Operator Fees and Option Payments of C$1 million to C$1.2 million while Corporate Expenses for 2022 are estimated at C$1 million. As a result, the Company does not anticipate a need for capital raising in 2022. From 2016 to 2021, Mundoro’s business strategy has benefited from 100% partner funded programs of C$14.3 million (US$11.3 million) and Mundoro has generated Operator Fees of C$1.4 million (US$1.1 million). ● Partner Funded Exploration: For 2022, the Company anticipates the partner funded exploration programs spend to be approximately C$5 million (US$4 million). In 2022, the Company anticipates operating two (2) exploration programs in Serbia, one (1) exploration program in Bulgaria and two (2) exploration programs in the USA. 2021 Operational Highlights ● New Earn-in Letter of Intent for GT7 Property in Serbia: In February 2022, the Company entered into a Letter of Intent with a third party to earn-into the GT7 Property. The GT7 Property, located in central Serbia (see press release on March 30, 2021) is a copper-gold area totaling 98 sq. km located in the northern portion of the Serbo-Macedonian Metallogenic Province, which is part of the Tethyan Belt The area is considered highly prospective for copper porphyry and related epithermal mineralization. The GT7 Copper Property contains exposures of diorite porphyry copper-gold type quartz stockwork mineralization and is related to precious and base metals veins in surrounding sedimentary country rocks. ● Mundoro-Vale Programs in Timok, Serbia: In Q2-2021, Mundoro entered into an option agreement (“Option Agreement”) with Vale Canada Limited (“Vale”), in which Mundoro granted to Vale an option on two exploration licenses (“Option Projects”) in Timok, Serbia. The Option Projects are in addition to Mundoro’s four Projects which Vale is currently earning into in Timok, Serbia (“Earn-in Projects”). The Vale-Mundoro Projects in Serbia are funded 100% by Vale and have a budget which covers approximately 4,000 meters of total drilling in 2022 to test copper porphyry targets. ● New Mundoro–Vale Programs in Southwest USA: Mundoro entered into a generative alliance with Vale (“Vale Generative Alliance”), focused on the generation of new projects in Arizona and New Mexico. For further information see our press release dated December 23, 2021. In parallel, Mundoro and Vale entered into a earn-in agreement with Vale for an exploration property in Arizona with copper porphyry potential. The exploration program is underway with a field team mapping and sampling for drill targeting. ● New Mundoro–JOGMEC Copper Exploration Program in Bulgaria: In 2019 Mundoro and JOGMEC entered into a generative alliance (“JOGMEC Generative Alliance”) to establish areas of interest for copper exploration. From the JOGMEC Generative Alliance, JOGMEC chose 3 Designated Projects to acquire the exclusive option to elect to earn-in. The first Designated Project area has received a signed exploration contract from the Ministry of Energy in Bulgaria. The Company expects to commence a work program in Q2-2022. JOGMEC will be sole funding the work program for exploration of sediment hosted copper mineralization. Corporate Update ● Stock Option Grant: The Company issued 1,725,000 stock options to employees, consultants, officers and directors. The stock options were issued in accordance with Mundoro’s Stock Option Plan and are exercisable into common shares of Mundoro at $0.175 per share (being the closing price on the TSX Venture Exchange on February 14, 2022) over a five-year term. Qualified Persons 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. About Mundoro 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, Bulgaria and USA. Value generated from our mineral properties is through near term revenues from various forms of payments from partners and long term through the generated royalties. Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedar.com. Neither 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

May 6, 2021 Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce the Company and Vale Canada Inc. (“Vale”) have executed a definitive option agreement for the two additional exploration areas in Timok, Serbia.  As well, the Company has filed its 2020 Year End Audited Consolidated Financial Statements and Management’s Discussion and Analysis on SEDAR and posted on the Company’s website at www.mundoro.com. Teo Dechev, CEO and President commented: “Mundoro is growing its list of properties optioned to partners.  This second agreement with Vale expands our working relationship for two additional exploration areas in Timok, Serbia.  This agreement demonstrates (i) the continuing interest of the undercover potential for additional copper and gold resources in the Timok district; (ii) the value Mundoro’s business model brings to partners to leverage our exploration experience in a mineral region which remains generally unknown and underexplored.” “Mundoro has completed agreements for nine portfolio properties with major mining companies over the past several years, six of which have been optioned to sequential partners, building on our knowledge of past exploration.  In 2020, seven of the properties were advanced by partner-funded work programs. Since 2016, Mundoro’s business strategy has benefited from 100% partner-funded programs of C$12.2 million and Mundoro has generated operator fees of C$1.2 million.” Follow our weekly updates on: LinkedIn and Twitter @Mundoro 2020 Operational Highlights Stable Cash Position and Financing: In February 2021, the Company completed a non-brokered private placement for gross proceeds of $3,086,000. As of March 30, 2021, the Company held C$4.5 million in cash and cash equivalents and no long-term debt. Generating Cash Flow: During the year ended December 31, 2020 and 2019, the Company received operator fees of C$176,000 and C$379,000 for its role as the operator on exploration programs for option partners.  Since 2016, Mundoro’s business strategy has benefited from 100% partner-funded programs of C$12.2 million (US$9.6 million) and Mundoro has generated operator fees of C$1.2 million (US$940,000). Partner Funded Exploration: Exploration costs related to the JOGMEC Generative Alliance, JOGMEC-Mundoro JV Project and the Vale-Mundoro Projects were funded 100% by our option partners. Recoveries from partners during the year ended December 31, 2020 and 2019 amounted to C$1.8 million and C$3.8 million, resulting in net exploration costs by Mundoro of C$992,000 and C$1.2 million respectively, primarily for generative programs. Reducing Corporate Costs: During the year, and excluding operator fees earned, Mundoro recorded lower corporate expenses of C$669,000 versus $801,000 in the prior year, resulting from the reduction of costs in accounting and audit, corporate communication, and corporate governance expenditures. COVID-19 restrictions on travel and in-person conferences, along with continuing efforts to reduce non-essential expenditures were the primary factors in the overall reduction in corporate expenses compared to the same period in 2019. 2021 Operational Highlights and Outlook Newly Granted Properties from Mundoro’s Generative Programs: Subsequent to year end, in March 2021 Mundoro was granted an exploration license in central Serbia - see press release on March 30, 2021. The GT7 Copper Project is a copper-gold area totaling 98 sq. km located in the northern portion of the Serbo-Macedonian Metallogenic Province, which is part of the Tethyan Belt. The area is considered highly prospective for copper porphyry and related epithermal mineralisation. The GT7 Copper Project contains exposures of diorite porphyry copper-gold type quartz stockwork mineralization and is related to precious and base metals veins in surrounding sedimentary country rocks. Historical data collection is underway with an exploration program planned for Q3-2021. Mundoro signed definitive Option Agreement with Vale for two additional exploration areas in Timok, Serbia: Mundoro has completed and entered into an option agreement (“Option Agreement”) with Vale Canada Limited (“Vale”), in which Mundoro has granted to Vale an option on two exploration licenses (“Option Projects”) in Timok, Serbia. Mundoro entered into a Memorandum of Understanding (“MOU”) with Vale in October 2020 for these two additional exploration licenses in Serbia - see press release dated October 22, 2020.  These Option Projects are in addition to Mundoro’s four Projects which Vale is currently earning into in Timok, Serbia (“Earn-in Projects”). Compelling Drill Targets Identified on Vale-Mundoro Earn-in Projects: On the Vale Earn-in Projects, the Vale-Mundoro Technical Committee has approved a US$1.9 million exploration program to be completed by the end of Q4-2021. Five target areas were identified for the exploration program, two of which have commenced drill testing. For further information on the drill program –  see press release dated April 6, 2021. Stock Option Grant: The Company issued 2,650,000 stock options to employees, consultants, officers and directors on May 4, 2021. The stock options were issued in accordance with Mundoro’s Stock Option Plan, are exercisable into common shares of Mundoro at $0.23 (being the closing price on the TSX Venture Exchange on May 3, 2021) over a five-year term. Outlook: In 2021, Mundoro expects to generate between US$200,000 to US$450,000 in operator fees and property payments from its existing portfolio. The Company is well funded to continue with its generative programs to identify new exploration areas, primarily focused on copper and gold systems that provide opportunities for cash flow from additional earn-ins. The Company has deployed exploration personnel actively evaluating exploration areas and, in the field, staking ground. Qualified Persons 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. About Mundoro 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. Teo Dechev, Chief Executive Officer, President and Director +1-604-669-8055 info@mundoro.com

February 11, 2021, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") is pleased to report that it has closed an over-subscribed non-brokered private placement financing raising $3,086,000 through the issuance of 19,287,500 units (“Units”) at $0.16 per unit, subject to final TSX approval. Each Unit consists of one common share and one-half of one share purchase warrant. Each whole share purchase warrant (“Warrant”) is exercisable into one common share at a price of $0.30 per share for a period of 2 years following the closing of the offering. In the event that the trading price of the Shares on the TSX Venture Exchange (the “TSXV”) reaches $0.40 per Share over 15 consecutive trading days, the Company may, at its option, accelerate the Warrant Expiry Date by delivery of notice to the registered holders (an “Acceleration Notice”) thereof and issuing a press release (a “Warrant Acceleration Press Release”), and, in such case, the Warrant Expiry Date shall be deemed to be 5:00 p.m. (Vancouver time) on the 30th day following the date of issuance of the Warrant Acceleration Press Release. All securities issued under the Offering are subject to a restricted resale period under Canadian securities laws until June 12, 2021. The Company has paid a 6% cash commission for a total finder’s fee of $60,000.  The Company intends to use the net proceeds of the Offering for the exploration of its non-partnered properties in Serbia and Bulgaria, its non-partnered generative programs for new areas of exploration as well as general corporate purposes. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to the account or benefit of a U.S. person absent an exemption from the registration requirements of such Act. About Mundoro Capital Inc. Mundoro is a Canadian listed exploration 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 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 and on the OTCQB Venture Market under the symbol MUNMF. For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Caution Concerning Forward-Looking Statements This News Release contains forward-looking information and statements (“forward-looking statements”) under applicable securities laws. All statements, other than statements of historical fact, included or incorporated by reference in this News Release are forward-looking statements, including, without limitation, the completion of the private placement, completion of exploration work on projects and licenses and results of that exploration work, the prospect of one or more additional joint ventures and other statements regarding activities, events or developments that the Company expects or anticipates may occur in the future. These forward-looking statements can be identified by the use of forward-looking words such as “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “promising”, “encouraging” or “continue” or similar words or the negative thereof. The material assumptions that were applied in making the forward-looking statements in this News Release include expectations as to the Company’s future strategy and business plan and execution of the Company’s existing plans. There can be no assurance that the plans, intentions or expectations upon which these forward-looking statements are based will occur. We caution readers of this News Release not to place undue reliance on forward-looking statements contained in this News Release, which are not a guarantee of performance and are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, changes in law, regulatory processes, the status of Mundoro’s assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and Mundoro undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company’s filings with the Canadian securities regulators available on www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. These securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from registration is available. This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in this private placement within the United States or to, or for the account or benefit of, U.S. Persons (as defined under Regulation S under the U.S. Securities Act).

January 25, 2021, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company"), intends to undertake a private placement to raise gross proceeds of up to $3,000,000 through the issuance of up to 18,750,000 units (“Units”) at $0.16 per Unit (“Offering”). Each Unit will be comprised of one common share of the Company and one-half of one share purchase warrant.  Each whole share purchase warrant (“Warrant”) is exercisable into one common share at a price of $0.30 per share for a period of 24 months following the closing of the Offering. In the event that the trading price of the Shares on the TSX Venture Exchange (the “TSXV”) reaches $0.40 per Share over 15 consecutive trading days, the Company may, at its option, accelerate the Warrant Expiry Date by delivery of notice to the registered holders (an “Acceleration Notice”) thereof and issuing a press release (a “Warrant Acceleration Press Release”), and, in such case, the Warrant Expiry Date shall be deemed to be 5:00 p.m. (Vancouver time) on the 30th day following the date of issuance of the Warrant Acceleration Press Release. The Offering will be conducted on a non-brokered basis to institutional and accredited investors pursuant to prospectus exemptions available under applicable securities laws and is subject to the approval of the Exchange.  A four-month hold period will apply to all securities issued as part of the Offering. Finder’s fees may be payable on the Offering. The Company intends to close the Offering on or about February 11, 2021.  The Company reserves the right to increase the size of the Offering or to modify the type, nature and/or price of the units for any reason. There can be no assurance that the Offering will be completed as proposed or at all, and it is subject to all applicable regulatory approvals. The Company intends to use the net proceeds of the Offering for the exploration of its non-partnered properties in Serbia and Bulgaria, its non-partnered generative programs for new areas of exploration as well as for general corporate purposes.  The net proceeds of the Offering, if fully subscribed, is expected to be sufficient to meet the Company’s capital needs for the next two years. This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to the account or benefit of a U.S. person absent an exemption from the registration requirements of such Act. Mundoro Capital Inc. Mundoro is a Canadian listed exploration 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 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 and on the OTCQB Venture Market under the symbol MUNMF. For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as “could”, "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of the full subscription under the Offering; intended use of proceeds; and the sufficiency of the Offering for Mundoro’s capital requirements over the next two years. 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 state of capital markets for the junior mineral industry, results of exploration programs of the Company and its partners, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

December 7, 2020 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 royalties and near-term revenue, is pleased to report its quarterly update for exploration and corporate activity.  The Company’s quarterly Consolidated Financial Statements and Management’s Discussion and Analysis are filed on SEDAR at www.sedar.com and posted on the Company’s website at www.mundoro.com. Teo Dechev, CEO and President commented: “Despite an exploration year that has been slowed by the COVID-19 pandemic, Mundoro’s exploration activity to drive value for shareholders is moving ahead as demonstrated with the US$1.9 million confirmed work program budget for the Vale-Mundoro projects.   This work program has already identified new targets and upgraded current targets for drill testing which is expected to commence around year end.  The improving commodity prices for copper and gold continue to drive interest by third parties in the copper and gold exploration projects Mundoro has generated in the Tethyan belt.” Operational Highlights • Stable Cash Position: The Company ended Q3-2020 with C$2 million in cash and cash equivalents. Mundoro has no long-term debt. • Generating Cash Flow: During the nine months ended September 30, 2020 and 2019, the Company received operator fees of C$140k and C$205k for its role as the operator on exploration programs for option partners.  Since 2016, Mundoro’s business strategy has benefited from partner-sole-funded programs of C$15.5 million (US$11.9 million) and Mundoro has generated operator fees of C$1.5 million (US$1.2 million). • Partner Funded Exploration: The Company’s exploration costs were lower for the nine months ended September 30, 2020 at C$2.2 million compared to C$2.9 million for the nine months ended September 30, 2019. Exploration costs related to the JOGMEC Generative Alliance, JOGMEC-Mundoro JV Project, Vale-Mundoro Projects, were sole-funded by option partners. Recoveries from partners during the nine months ended September 30, 2020 and 2019, amounted to C$1.4 million and C$2 million, resulting in net exploration costs of C$779k and C$882k respectively. • Reducing Corporate Costs: During the period, Mundoro recorded lower corporate expenses of C$367k versus $437k in the prior period resulting from the reduction of costs in accounting and audit, corporate communication, and corporate governance expenditures. COVID-19 restrictions on travel and in-person conferences, along with concerted efforts to reduce non-essential expenditures were the primary factors in the overall reduction in corporate expenses compared to the same period in 2019. Exploration Highlights• Focused to bring additional partnerships: Mundoro entered into a Memorandum of Understanding (“MOU”) with Vale in October 2020 for two additional exploration areas in Serbia - see press release dated October 22, 2020.  The Company continues to methodically grow the eastern European exploration portfolio while working on new partnerships for the existing projects available for optioning and joint venture. • Compelling New Targets Identified: The Vale-Mundoro Technical Committee has approved a US$1.9 million exploration program up to Q4-2021. Five target areas were identified from the exploration program to date for further exploration as highlighted below. Vale-Mundoro Projects The Technical Committee has approved a US$1.9 million exploration work program up to Q4-2021.  The exploration work program has commenced at two of the Vale-Mundoro Projects – Skorusa and Oblez, both located west-southwest of the Cukaru Peki Deposit and all within the Timok Magmatic Complex (Figure 1). The exploration completed to date over the two license areas includes: grid-based soil sampling, geological mapping and rock sampling as well as a ground magnetic survey.  As a result of these exploration programs, the preliminary results have identified five areas prospective for porphyry copper-molybdenum-gold deposits for initial focus: Skorusa Porphyry (see Figure 2) • Broad regional magnetic-low anomaly, with internal magnetic high zones, was identified and encompasses the Skorusa Porphyry with a footprint of approximately 2.5 km by 5 km. The Skorusa gold-copper porphyry system was partially tested in 2015 and 2016 in two separate drill campaigns. • Exploration in this area identified quartz stockwork-hosted mineralization in potassic altered diorite porphyry which returned 23m with 0.94 g/t AuEq<1> (0.17% copper and 0.72 g/t gold) from surface rock-chip sampling. Follow up drilling completed in 2016 proved the stockwork extended to depth and returned: 4m with 0.44 g/t AuEq (0.11% copper and 0.3 g/t gold) in drill hole SUMDD-001; 60.0m with 0.48 g/t AuEq (0.14% copper and 0.3 g/t gold) in drill hole SUMDD-002 and 72.0 m with 0.31 g/t AuEq (0.1% copper and 0.17 g/t gold) in drill hole SUMDD-003. • A drilling program is planned in late Q4-2020 to test additional target areas identified at the Skorusa Porphyry. Skorusa South (see Figure 2) • With the completion of the recent grid soil sampling and mapping programs, the field team defined a circular feature 450 m in diameter with advanced argillic alteration, 3.5 km southeast of the Skorusa Porphyry, which likely represents a porphyry-related lithocap. The advanced argillic alteration was confirmed by the presence of Na-Alunite detected by use of a portable spectrometer. • Detailed sampling and alteration mapping are planned for this target as well as additional re-interpretation from a historical Induced Polarization (IP) survey. Glavica (see Figure 3) • A new area of interest to the exploration team has been identified in the central western portion of Skorusa license. A strong ground magnetic anomaly 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 2021 exploration program. Tilva Mare (see Figure 3) • The prospect area is outlined by copper in the soil geochemistry in the northern portion of the Oblez license. The upper Cretaceous cover rock of agglomerates contain a variety of mineralized clasts with malachite, native copper and locally chalcocite. These clasts occur at surface along road cuts and occur to depths of 250 in drilling • Potential exists here for concealed epithermal and porphyry copper and gold mineralisation beneath the sediments and agglomerates from the upper Cretaceous stratigraphy. • Follow up geological mapping is ongoing. In order to better understand the source of geochemical and mineralized clasts, the exploration efforts will be complemented by an Audio-frequency Magnetotellurics (AMT survey planned in late Q4-2020. Markov Kamen East (see Figure 4) • This area is of interest is defined by anomalous molybdenum and gold in the grid soil sampling program 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. • The exploration team was so encouraged by the initial results that follow up infill soil sampling and detailed geological mapping was undertaken to understand anomalies and better define drill targets. Results from this sampling and mapping are expected in Q4-2020. 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. About Mundoro Capital Inc. Mundoro is a Canadian listed royalty generator company with a portfolio of projects focused on base and precious metals that generate royalties and near-term mineral revenue.  To drive value for shareholders, Mundoro has generated a portfolio of mineral projects primarily focused on copper and gold in Serbia and Bulgaria.  Value generated from our mineral properties is through near term revenues from various forms of payments from partners and long term through the generated royalties. Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company’s projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further information, please visit Mundoro Capital website www.mundoro.com Teo Dechev, Chief Executive Officer, President and Director +1-604-669-8055 info@mundoro.com <1> Au Eq g/t = Au g/t + (Cu grade x ((Cu price per lb/Au price per oz) x 0.06857 lbs per oz x 10000 g per %)) Metal prices used are: gold price of US$1,462/oz, copper price of US$2.81/lb, the average of the last three years period. All thicknesses from intersections from drill holes are down-hole drilled thicknesses and not true widths. Figure 1 – Project Location Map for Timok area Figure 2- Map of Skorusa Porphyry target area showing copper soil geochemistry superimposed on an alteration map with a satellite image background. See inset on left for position of map within northern portion of Skorusa license. Figure 3- Map showing location of Glavica and Tilva Mare prospects in Skorusa and Oblez licenses with geology and copper geochemistry Figure 4:  Map of Markov Kamen East prospect showing geology and molybdenum (Mo) geochemistry from recently completed soil survey. Location of the map within southern portion of Oblez license is shown in inset map on the left. Mo anomalies extend to west onto Savinac license.

November 10, 2020, 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 royalties and near-term revenue, is pleased to announce that its common shares have been approved for trading on the OTCQB Venture Market effective today. Mundoro’s U.S. listing will trade under the symbol “MUNMF”.  Quotes for Mundoro’s US symbol are available directly at: https://www.otcmarkets.com/stock/MUNMF/overview The Company’s primary Canadian listing will continue to trade on the TSX Venture Exchange under the symbol “MUN”. Trading the Company's shares on the OTCQB Market provides Mundoro with a dealer market in the United States that will provide easier access for US based investors and shareholders. The OTCQB Market through its SEC registered OTC Link ATS features approximately 100 US broker-dealers. Mundoro also holds Depository Trust Company (DTC) eligibility. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Investors can find current financial disclosure and real-time quote and market information on the Company on www.otcmarkets.com. Mundoro was sponsored for OTCQB by B. Riley, a qualified third-party firm responsible for providing guidance on OTCQB requirements and recommending membership. 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. For further information, please visit Mundoro website www.mundoro.com  or contact: Teo Dechev, Chief Executive Officer, President and Director +1-604-669-8055, info@mundoro.com Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: 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

JULY 3, 2020, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company"), is pleased to announce the voting results of the Annual General Meeting held on June 30, 2020 (the “Meeting”).  Shareholders voted as follows on the matters before the meeting: Board Members Shareholders elected the following 4 board members with shareholders represented at the meeting voting in favour of individual directors as follows: Director Nominee                          Percentage of Votes John Hoey                                             92.01% Teo Dechev                                           92.50% Michael Calyniuk                              92.01% Nick Hatch                                            92.50% Appointment of Auditors Shareholders approved the re-appointment of PricewaterhouseCoopers LLP as auditors of the Company for the ensuing year at the remuneration to be fixed by the directors. The Company's shareholders voted in favor of all matters brought before the meeting. The results of voting will be filed at www.sedar.com. Furthermore, the Company issued 1,545,000 stock options to its employees, consultants, officers and directors on June 30, 2020. The stock options were issued in accordance with Mundoro’s Stock Option Plan, are exercisable into common shares of Mundoro at $0.12 (being the closing price on the TSX Venture Exchange on June 29, 2020) over a five-year term. On behalf of the Board, Teo Dechev Chief Executive Officer, President and Director About Mundoro Capital Inc.  Mundoro is a Canadian listed (TSX-V: MUN) precious and base metal company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders.  Mundoro has generated an attractive mineral project pipeline in Serbia and Bulgaria, as well as an investment in a producing gold mine in Bulgaria, in order to drive long-term growth and achieve shareholder return.  Potential future returns for our shareholders from our mineral properties can be in various forms such as discovery of mineral resources, royalties, advance royalty payments from partners, an interest in production, dividend payments or sale of our interest in the mineral property. For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Caution Concerning Forward-Looking Statements This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of the earn-in expenditures and options by JOGMEC; and completion of a definitive joint venture agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Timok North Properties, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

January 13, 2020, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce that further to its news release issued December 27, 2019 announcing the closing of a private placement for a total of $1,530,968, it has received additional subscriptions for 735,473 units at a price of $0.135 per unit, for an aggregate of $99,288 (“Final Offering”).  Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant exercisable to acquire one common share at a price of $0.20 per share, for a term of two years from the date of issuance.  The proceeds raised from the Final Offering will be used towards project exploration, project acquisitions and general working capital.  Subject to TSX.V approval, all securities issued under the Final Offering will be subject to a restricted resale period under Canadian securities law for a period of four months and one day from the date of issuance. The Company has agreed to pay a finder’s fee of $5,674, in respect of the additional subscriptions. About Mundoro Capital Inc. Mundoro is a Canadian mineral exploration and development public company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders. The Company holds a diverse portfolio of projects in Serbia and Bulgaria as well as an investment in a producing gold mine in Bulgaria. There are eight licenses in Serbia, of which one is optioned to JOGMEC, indirect interests in two licenses are optioned to Freeport-McMoRan Exploration Corporation, four licenses are optioned to Vale and one license, Zeleznik, is available for third parties to option. In Bulgaria, Mundoro has formed a Generative Alliance with JOGMEC. Mundoro’s common shares trade on the TSX Venture Exchange under the symbol “MUN”. For further information please contact: Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055 Caution Concerning Forward-Looking Statements This News Release contains forward-looking information and statements (“forward-looking statements”) under applicable securities laws. All statements, other than statements of historical fact, included or incorporated by reference in this News Release are forward-looking statements, including, without limitation, the completion of the private placement, completion of exploration work on projects and licenses and results of that exploration work, the prospect of one or more additional joint ventures and other statements regarding activities, events or developments that the Company expects or anticipates may occur in the future. These forward-looking statements can be identified by the use of forward-looking words such as “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “promising”, “encouraging” or “continue” or similar words or the negative thereof. The material assumptions that were applied in making the forward-looking statements in this News Release include expectations as to the Company’s future strategy and business plan and execution of the Company’s existing plans. There can be no assurance that the plans, intentions or expectations upon which these forward-looking statements are based will occur. We caution readers of this News Release not to place undue reliance on forward-looking statements contained in this News Release, which are not a guarantee of performance and are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, changes in law, regulatory processes, the status of Mundoro’s assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and Mundoro undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company’s filings with the Canadian securities regulators available on www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. These securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from registration is available. This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in this private placement within the United States or to, or for the account or benefit of, U.S. Persons (as defined under Regulation S under the U.S. Securities Act).