Mundoro Reports ON Annual General Meeting Results and Options Grant
MUNDORO REPORTS ON ANNUAL GENERAL MEETING RESULTS AND OPTIONS GRANT
Vancouver, Canada : Mundoro Capital Inc. (the “ Company ”), is pleased to announce the voting results of
the Annual General Meeting held on May 23, 2018 (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 91.48%
Teo Dechev 94.30%
Michael Calyniuk 94.30%
Graham Brown 90.17%
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 1,300,000 stock options to its employees, consultants, officers and
directors on May 23, 2018. The stock options were issued in accordance with Mundoro’s Stock Option
Plan, are exercisable into common shares of Mundoro at $0.11 (being the closing price on the TSX
Venture Exchange on May 22, 2018) 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 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 currently holds a diverse portfolio of projects in two European
countries as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold
project in China. The Company holds eight 100% owned projects in Serbia, the four Timok North Projects
- 2 -
are in option to JOGMEC, and the four Timok South Projects are being advanced by Mundoro.
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 exploration work on any Projects and licenses and results of that
exploration work, the prospect of one or more joint ventures on the Timok South Projects 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.