Mundoro Closes Private Placement

MUNDORO CLOSES PRIVATE PLACEMENT

November 30, 2017, Vancouver, BC - Mundoro Capital Inc. (TSXV: MUN,

www.mundoro.com) ("Mundoro" or the "Company") 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.

All securities issued in the private placement ar e subject to a four m onth hold period expiring on

March 30, 2018.

About Mundoro Capital Inc.

Mundoro is a Canadian mineral exploration and development public company focused on

building value fo r its shareholders through directly inves ting in mineral projects that have the

ability to generate future returns for shareholde rs. The Company currently holds a diverse

portfolio of projects in two European countri es as well as an investment in a produc ing go ld

mine in Bulgaria and a feasib ility stage gold project in China . The Company holds eight 100%

owned projects in Serbia,the four Timok North Projects are in option to JOGMEC, and the four

Timok South Projects are being advanced by Mundoro.

On behalf of the Company,

Teo Dechev,

Chief Executive Officer, President and Director

For further information please contact:

Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055

Caution Concerning Forward-Looking Statements

This News Release contains forward-looking sta tements. Forward -looking statements can be

identified by the use of forward -looking words such as "will", " would", "could", " expect",

"intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative

thereof. The material assumptions that were applied in mak ing the forward looking statements in

this News Release include the amount and timing for complet ion of the private placement . We

caution readers of th is News Release not to place undue re liance 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 uncertain ties and other factors that coul d cause actual results to differ

materially from those expressed or imp lied by such forward-looking statements . These factors

include general economic and market conditions, exploration results, commodity prices, changes

in law, regulatory processes, the stat us of Mundoro's assets and financial condition, actions of

competitors and the ability to implement busine ss 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 unde rtakes 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 d iffer

materially f rom 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 Serv ices Provider (as that term is defined in

the policies of the TSX Vent ure Exchange) accepts responsib ility for the adequacy or accu racy

of this release.