Mundoro Cap Stock Price, News & Analysis

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 (MUNMF) has initiated its summer 2025 drill program at the Borsko Project in Serbia, operating under a BHP-Mundoro option earn-in agreement. The project, spanning 40 sq km in the Central Timok Magmatic Complex, is strategically located west of the Bor Mine. Target 1 features a significant undercover alteration lithocap measuring 1.6 km by 1 km, while the newly identified Borsko NW Target will undergo initial 1,000-meter drilling. The program, funded by BHP and operated by Mundoro, is set to conclude in Q3-2025. The Timok region hosts substantial copper-gold deposits, with approximately 4 billion tonnes in porphyry systems across five mines, including Cukaru-Peki, Bor Mining Complex, Veliki Krivelj, Majdanpek, and Cerovo.

Mundoro Capital reported Q1-2025 financial results and exploration updates. The company maintained a strong financial position with $5.2M in cash and no long-term debt. Fee income decreased to $740,392 from $790,957 in Q1-2024. Exploration expenditures were lower at $1.76M compared to $2.64M in Q1-2024, with net exploration costs of $307,875. The company recorded minimal net income of $451. Key exploration activities included completed passive seismic and AMT surveys at the BHP-Mundoro Projects in Serbia, structural analysis at South Timok, and advancement of multiple projects in Arizona, USA. The JOGMEC-Mundoro project in Bulgaria faced permitting delays for a planned 1,800-meter drill program. The company continues to evaluate new opportunities in Serbia, USA, and other global copper belts.

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.

Mundoro Capital reports Q3-2024 financial results with a strong cash position of $4,233,609 and no long-term debt. The company earned fees, net option payments, and interest of $1,042,956, while recording corporate expenses of $903,774. Exploration expenditures totaled $5,980,712, with recoveries from optionees of $5,154,147.

Key operational highlights include new geophysical surveys at the Borsko Project, approval of a new drill program at Trstenik Project, and advancement of exploration activities at the South Timok Project in Serbia. The company also progressed exploration at its US projects, including Dos Cabezas, Copperopolis, and Picacho.

Mundoro Capital announces advancement of five prospective porphyry exploration targets on the Trstenik project in Serbia, where BHP Exploration is earning interest and providing funding. The targets include SouthWest Zone, SouthEast Zone, North-Central Zone, Central Zone, and North Zone, all located near the Majdanpek porphyry copper deposit. Permit applications for drill locations have been submitted, with drilling expected to commence in Q4 2024 using two drill rigs. The project covers 55 sq km within the northern portion of the Timok Magmatic Complex.

Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) has identified four highly prospective porphyry exploration targets at the Tilva Rosh prospect area on its 100% owned licenses in Serbia. The targets include:

1. Tilva Rosh Valley: A 2 km x 2 km target area at the junction of two significant fault structures.
2. Tilva Rosh North: A 3 km x 1.5 km target with advanced surface alteration and increasing molybdenum grades at depth.
3. Tilva Rosh South: A deeper porphyry target with molybdenum anomalies and porphyry style alteration zonation.
4. Tilva Rosh Bridge: A 2.3 km zone linking two lithocaps with copper-gold soil anomalies.

These targets are located in the Timok Magmatic Complex, near the Bor and Cukaru Peki Mine Complexes. The company has designed drill holes to test each target area for porphyry and high-sulphidation epithermal systems.