Mundoro Closes Previously Announced Private Placement
Mundoro Closes Previously Announced
Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2025) - Mundoro Capital Inc.
(TSXV:
MUN) (
www.mundoro.com
)
("
Mundoro
" or the "
Company
") announces that further to its news
release dated October 24, 2025, announcing a private placement to raise aggregate proceeds of
C$1,500,000 (the "
Financing
"), the Company has received a surplus of subscriptions for a total of
5,836,540 Common Shares ("
Common
Shares
") at a price of C$0.26 per Common Share to raise
aggregate gross proceeds of C$1,517,500.
Principal shareholders, directors and officers of the Company (collectively, the "
Insiders
") subscribed
for approximately C$665,500.00 worth of Common Shares in the Financing. This participation by
Insiders constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 -
Protection of Minority Shareholders in Special Transactions
("
MI 61-101
"). This transaction is exempt
from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to
sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities to be
distributed nor the consideration to be received for the securities issued to such related party under the
Offering will exceed 25% of the Company's market capitalization.
The Common Shares are subject to a four-month hold period, expiring March 13, 2026. No finders' fees
have been paid in connection with this Financing.
The net proceeds of the Financing will be used by the Company to expand the generative program in the
Western United States, specifically targeting copper opportunities, and for general working capital.
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 registered under
the U.S. Securities Act of 1933, as amended ("
U.S. Securities Act
"), or any state or other applicable
jurisdiction's securities laws, and may not be offered or sold in the United States absent registration or
an applicable exemption from the registration requirements of the U.S. Securities Act and applicable
state or other jurisdictions' securities laws.
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 more information, please visit
www.mundoro.com
.
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For further information about Mundoro, please contact:
Teo Dechev, Chief Executive Officer, President and Director
Christian Elferink, Investor Relations Manager
+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 use of proceeds from the
Offering.. The material assumptions that were applied in making the forward looking statements in this
news release include expectations as to 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 risk of 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 Company
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 SEDAR+ at
www.sedarplus.ca
.
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.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE
A VIOLATION OF U.S. SECURITIES LAWS.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/274347