Welcome to our dedicated page for Mundoro Cap news (Ticker: MUNMF), a resource for investors and traders seeking the latest updates and insights on Mundoro Cap stock.
Mundoro Capital Inc. (OTCQB: MUNMF) is a mineral exploration and royalty company whose news flow centers on copper-focused projects in the Western Tethyan Belt of Eastern Europe and the Laramide Belt in the southwest USA. The company’s updates frequently cover exploration progress, partner-funded programs, financial results and portfolio developments.
News releases from Mundoro describe ongoing work on partnered projects in Serbia with subsidiaries of BHP Group Limited, including option and earn-in agreements over exploration licenses in the Timok Magmatic Complex. These updates often detail geophysical surveys, geological modeling, drilling campaigns and target refinement at projects such as Borsko, Trstenik and other Timok-area licenses. Additional coverage includes the JOGMEC-Mundoro EE1 copper project in Bulgaria, where the company reports on permitting steps and planned drill programs for sediment-hosted stratiform copper targets.
For its 100%-owned Arizona portfolio, Mundoro’s news highlights field programs and drilling at the Dos Cabezas, Picacho and Copperopolis projects. Disclosures describe mapping, geochemical sampling, geophysical work and initial drill results that the company interprets as indicative of porphyry copper style systems, along with efforts to secure joint venture partners for further exploration.
Investors following MUNMF news can also expect regular financial and corporate updates, including quarterly and annual results, cash position summaries, equity financings, equity incentive grants and annual general meeting outcomes. Together, these news items provide insight into Mundoro’s partner-funded exploration model, generative programs and the evolution of its copper-focused property portfolio in Eastern Europe and the United States.
Mundoro (OTCQB:MUNMF) has started its inaugural diamond drill program at the South Timok Project in Serbia, part of an option earn-in where BHP is sole-funding exploration and Mundoro is operator earning operating fees and annual option payments.
The planned program comprises up to 2,500 metres of drilling to test targets developed from two years of systematic deep-sensing geophysics across a contiguous 306 sq. km licence area located ~40–70 km south of the Bor Mine Complex. Targets are defined by coincident resistivity anomalies (possible hydrothermal alteration) and positive magnetic signatures (possible intrusive bodies). Drill results will refine the geological interpretation.
Mundoro (OTCQB: MUNMF) reviews 2025 progress and outlines 2026 exploration plans across Serbia, Bulgaria and Arizona.
Key 2025 items: an option agreement with BHP allowing BHP to earn 100% by funding US$35M over 10 years while Mundoro keeps a 2% NSR; drilling commenced in Serbia with a first hole reaching 900 m; an oversubscribed private placement raising C$1,517,500 at C$0.26/share; and trench results including 12 m @ 30.39 g/t Au and 171.27 g/t Ag.
2026 focus: prioritized drill targeting with BHP in the Central Timok project, permitting and planned drills in South Timok and Trstenik, resolution of an NGO appeal affecting the EE1 project in Bulgaria (ruling expected mid-2026), and securing partners for three Arizona projects.
Mundoro (OTCQB:MUNMF) reported Q3-2025 results and a portfolio update. Key corporate milestones include a definitive option agreement with BHP for seven Central Timok licenses where BHP can earn 100% by funding US$35,000,000 over 10 years while Mundoro retains a 2% NSR.
Operational highlights: diamond drilling at Trstenik reached 441.6 m of a targeted 900 m hole with assays expected by end-2025; passive seismic and geophysics campaigns advanced South Timok; JOGMEC Iskar permitting remains subject to a Q4 court hearing.
Financials: closed a non-brokered private placement on Nov 13, 2025 raising ~C$1,517,500 (5,836,540 shares at C$0.26); cash was $4,241,082 as of Sept 30, 2025; nine-month fee income was $1,107,464; net loss was $952,269.
Mundoro (OTCQB:MUNMF) has granted BHP a 10-year option to earn 100% of seven exploration licences in the Central Timok Project, Serbia, by funding up to US$35,000,000 in cumulative exploration expenditures and meeting milestone payments.
Key terms include a 2% NSR royalty retained by Mundoro on exercise, escalating annual option payments starting at US$323,000, milestone payments totaling up to US$10,000,000, and Mundoro operating the project initially with operator fees. The aggregated cost to exercise is ~US$48.54M. The project covers ~418 km2 and includes advanced targets such as Skorusa and Tilva Rosh.
Mundoro Capital (OTCQB: MUNMF) has provided a comprehensive Q2-2025 update on its exploration activities across multiple projects. The company completed drill testing at the Borsko Project in Serbia, conducted in partnership with BHP. Key developments include entering a Letter of Intent for seven exploration licenses in Serbia's Timok region, with an exclusivity period through September 2025.
Financial highlights show $4.1 million in cash as of June 30, 2025, with fee income of $860,890 for H1-2025, down 6% year-over-year. The company reported a net loss of $539,925 ($0.01 per share) for H1-2025, compared to a $286,337 loss in H1-2024. Exploration expenditures decreased to $3.17 million from $4.34 million year-over-year.
The company also announced the grant of 200,000 stock options to an independent director at an exercise price of C$0.23 per share, vesting over three years.
Mundoro Capital (OTCQB: MUNMF), a royalty generator focused on copper exploration, announced the results of its Annual General Meeting held on July 14, 2025. Shareholders overwhelmingly approved all motions with over 99.9% support, including the appointment of directors and PricewaterhouseCoopers LLP as auditors.
The company announced significant board changes, welcoming Siegfried Weidner, a Professional Geologist with over 35 years of experience, as a new director. Weidner, former BHP-Billiton Exploration's Manager for North America and Europe, brings notable expertise including involvement in the Spence Porphyry Copper Deposit discovery. The appointment follows the retirement of Nick Hatch after 5 years of board service.
Mundoro Capital (TSXV: MUN, OTCQB: MUNMF) has released its 2024 financial and operational results, showcasing a year of strategic execution. The company ended 2024 with $6.32 million in cash and $1.96 million in working capital, maintaining zero long-term debt.
Key financial highlights include:
- Earned fees of $1.11 million from operator and option fees
- Total exploration expenditures of $6.91 million, with $6.01 million recovered from partners
- Corporate expenses reduced by 7.7% to $1.26 million
The company advanced multiple exploration projects in 2024, including partnerships with BHP in Serbia and JOGMEC in Bulgaria. Notable progress was made across properties like Borsko, Trstenik, and Vitanovac in Serbia, and the EE1 Copper Project in Bulgaria. In the US, Mundoro continued developing its Arizona projects: Dos Cabezas, Picacho, and Copperopolis, all targeting copper exploration opportunities.
Mundoro Capital (TSXV: MUN, OTCQB: MUNMF) has released its 2024 achievements and 2025 strategic outlook. The company completed significant exploration work across multiple projects in 2024, including:
In Serbia, they conducted AMT surveys, rock sampling, and soil sampling at South Timok, performed IP and density measurements at Borsko, and identified five porphyry targets at Trstenik with approved drilling proposals. The Tilva Rosh prospect area revealed four promising porphyry exploration targets.
In Arizona, drill results from Dos Cabezas confirmed Cu-Au-Mo and Cu-Mo-Ag mineralization, while fieldwork commenced at Copperopolis to generate new drill targets. The company also refined targets at Mescal Canyon and Mineral Park.
For 2025, Mundoro plans to focus on advancing high-potential targets and securing additional joint venture partnerships. The company also announced the appointment of Mireia Cervera as CFO and granted 3,080,000 stock options and 500,000 RSUs at C$0.175 per share.
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