Announcement • Apr 15
Mundoro Capital Inc., Annual General Meeting, Jun 23, 2026 Mundoro Capital Inc., Annual General Meeting, Jun 23, 2026. New Risk • Mar 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (CA$63.5m market cap, or US$46.2m). Announcement • Jan 08
Mundoro Capital Inc. to Present the Exploration Outlook for 2026 Mundoro Capital Inc. review the progress achieved across the portfolio throughout 2025 and to present the exploration outlook for 2026. Key Highlights 2025. Additional Exploration Licenses Optioned to BHP in Serbia. On October 13, 20251, Mundoro entered into an option agreement with BHP for seven exploration licenses ("BHP-Mundoro Central Timok Project") within the Timok Magmatic Complex in Serbia. Under the terms, BHP can earn 100% by funding USD 35 million in exploration over 10 years, while Mundoro retains a 2% NSR royalty upon exercise and will earn annual option payments and operating fees. Drilling at BHP-Mundoro Trstenik JV (Serbia) Drilling commenced in September 2025 at the North Central target, with the first hole reaching its 900-meter depth target2. The technical team also upgraded the targeting for the Southern Target areas (adjacent to the north end of the Majdanpek mine). Strategic Capital Raise at a Premium. Following the October 2025 agreement, the BHP-Mundoro CentralTimok Project transitioned into focused targeting through the establishment of a joint technical working group to integrate historical datasets and rank drill targets across the seven licenses covering the project area. In early 2026, the project will move into a prioritization stage, with the joint team combining Mundoro's local geological expertise with BHP's global exploration methodologies. Initial efforts in first first quarter 2026 will concentrate on following up on priority anomalies - particularly the Tilva Rosh and Skorusa target areas along with new areas identified in the analysis - to finalize a multi-target drill program for the 2026 field season. Main Targets BHP-MundoroCentral Timok Project. Tilva Rosh: A large 8 sq.km. lithocap with a high-grade outcrop related to an epithermal system at Tilva Rosh South where trenching returned 12 meters at 30.39 g/t Au and 171.27 g/t Ag3. The target area is situated adjacent to calcareous sediments suggesting potential for Carbonate Replacement Deposits (CRD). The company has commenced the permitting process for a new drilling campaign in the South Timok Project in first quarter 2026 to test target areas that have been identified through the integrated 3D modeling of 2025 data. Within the South Timok Corridor, the Company has completed comprehensive 3D integration of its property-wide passive seismic, gravity, and AMT datasets to discriminate between barren features and prospective mineralized centers. This unified model has been applied to finalize the drilling proposal in fourth quarter-2025, detailing specific collar locations and target sequencing for testing the highest-priority areas beneath sedimentary cover. Simultaneously, exploration at the Borsko Project will focus on Target 1, where a drill program is specifically designed to test the roots of the preserved alteration lithocap for its interpreted mineralized porphyry source. For the Trstenik Project, a key priority while the Company awaits the term extensions from the Ministry of Mining is the review of the completed first test drill hole into the Central North target while evaluating the additional targeting areas with the re-interpreted 3D modelling of the various data sets collected from the property. JOGMEC-Mundoro Iskar (EE1) Project (Bulgaria) Following a December 2025 court hearing for the EE1 project, Mundoro anticipates a conclusion to the NGO appeal in mid-2026. A ruling would clarify the path forward for resumption of fieldwork and the initiation of the proposed 1,800m drill program. This program is specifically designed to test The AMT survey-identified conductive horizons for stratiform copper mineralization, marking the first modern test of such a target in the district. Arizona Portfolio. Picacho: Now considered "drill ready," the focus is on securing an option partner to fund the maiden test of "blind" targets defined beneath the pediment. Copperopolis: In first quarter-2026 focus will continue on detailed mapping of mineralized trend and geochemical anomalies to identify further drill targets in addition to identify further drill targets in additional drill targets in addition to the Cu-Au porphyry target identified at San Juan. The team to the Cu-Auu porphyry target identified in San Juan. 
