VANCOUVER, British Columbia, Jan. 19, 2018 -- Mundoro Capital Inc. is pleased to announce that the drill program at the East and West Zone on the Zeleznik license has been completed with 4200 meters of diamond drilling over sixteen completed drill holes. The drill core has been cut and sampled with all assay results expected by end-February 2018. Location Map East Zone Drill Hole Location Map West Zone Drill Hole Location [...]
Mundoro Capital Inc. , has now closed the second tranche of its non-brokered private placement, raising an additional for $1,004,940 through the issuance of 7,444,000 units at a price of $0.135 per unit. Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant exercisable to acquire a common share at a price of $0.20 for a term of three years. The terms of this second [...]
Editors Note: There are three photos associated with this press release. Mundoro Capital Inc. announces that it has received laboratory results for the four diamond drill holes at the Company's Borsko Jezero license for 3990 meters, Figure 1: Plan Map of Drillhole Locations. HIGHLIGHTS Drill holes 17-BJ-11 and 17-BJ-12 confirmed the extension of the advanced argillic alteration 250 m to the northeast and 100 m to the [...]
Mundoro Capital Inc. , has now closed a private placement for $1,317,589 through the issue of 9,759,917 units at a price of $0.135 per unit. Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant exercisable to acquire a common share at a price of $0.20 for a term of three years. Mundoro has agreed to pay cash finder's fees of $79,538 with respect to the private placement [...]
Mundoro Capital Inc. is pleased to announce that the previously announced 3000 meter drill program at the Company's Borsko Jezero license has been completed with 3990 meters over four drill holes, Figure 1: Plan Map of Drillhole Locations. The core from the four drill holes has been cut and sampled with all assay results expected by mid-December 2017. Borsko is one of the four licenses being sole funded by JOGMEC as part [...]
Mundoro Capital Inc. has settled on adjusted terms for the private placement it announced September 29, 2017. Mundoro will now raise proceeds of approximately $1,317,589 through the issue of 9,759,917 units at a price of $0.135 per unit. Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant exercisable to acquire a common share at a price of $0.20 for a term of two years [...]
Mundoro Capital Inc. is pleased to announce the Company is mobilizing for drilling at the East and West Zone on the Zeleznik license . Zeleznik is one of the four licenses currently being sole funded by our joint venture partner Japan Oil, Gas and Metals National Corporation as part of the JOGMEC-Mundoro joint venture announced in March 2016. Zeleznik is located at the northern end of the Timok Magmatic Complex in [...]
Mundoro Capital Inc. is pleased to announce the Company has been notified by the Ministry of Energy that Bulgaria Alpha EOD, a 100% subsidiary of the Company, has won the tenders for the Svoboda permit and the Pesnopoy permit in Bulgaria. Teo Dechev, CEO and President of Mundoro commented, "We are pleased to have been named the winner of the Svoboda and Pesnopoy tenders. Before exploration can begin on these two projects [...]
Mundoro Capital Inc. is pleased to announce its intention to complete a non-brokered private placement of up to 8,823,529 units at a price of CDN$0.17 per Unit for gross proceeds of up to CDN$1,500,000. Each Unit will consist of one common share in the capital of the Company and one-half of one transferable common share purchase warrant. Each whole Warrant will be exercisable to acquire one Share at an exercise price of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 8, 2017) - Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce the Company is mobilizing for the Phase II drill program at the Borsko Jezero license ("Borsko") where drilling is expected to commence in August. Borsko is one of the four licenses being sole funded by JOGMEC as part of the Amended Earn-in Agreement [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 19, 2017) - Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce drilling results from the Tilva Rosh prospect within the 100% controlled Savinac exploration license in north-eastern Serbia. The Savinac license covers 90 km² and is located in the Timok Magmatic Belt, approximately 20 km southeast of the Bor mining [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 27, 2017) - Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to provide an update on exploration results at the Zeleznik Property ("Zeleznik") which is one of the four subject properties currently being sole funded by the Japan Oil, Gas and Metals National Corporation (JOGMEC) as part of the JOGMEC-Mundoro joint venture [...]
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