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. operates a project-generation mineral exploration business focused on base and precious metals, with an emphasis on copper opportunities in the Western Tethyan Belt of Eastern Europe and the Laramide Belt in the southwestern United States. Company updates commonly cover partner-funded exploration, drilling programs, target generation, option and earn-in agreements, operating fees, annual option payments, and royalties tied to mineral properties optioned to partners.
Recurring releases also summarize financial results and exploration work across Serbian Timok projects and Arizona generative properties. Developments include geophysical and geochemical programs, drill targeting, project portfolio updates, and partnership activity with groups such as BHP and JOGMEC.
Mundoro (OTCQB: MUNMF) reported 2025 results and a 2026 exploration outlook. Key items: $5.2M cash, fee income up 48% to $1,637,891, and net exploration spend of $1,771,667. Mundoro signed a 10-year option with BHP over seven Serbia licences (US$35M exploration earn-in) and plans targeted 2026 drilling. Two senior hires and equity awards were announced.
Mundoro (OTCQB: MUNMF) has begun a planned 1,000 metres drilling program at the high‑priority Skorusa East target within its Central Timok project in Serbia. The work is part of the BHP‑Mundoro option earn‑in, with BHP sole‑funding the exploration activities. Two holes (1–2) will test geochemical and magnetic anomalies east of Skorusa West; the rig will then move to Tilva Rosh South.
Mundoro (OTCQB: MUNMF) is advancing exploration in Serbia and Arizona for 2026. Partner-funded drilling with BHP will test multiple Timok targets, with an inaugural 2,500 m program at South Timok and planned mobilization to the high-priority Skorusa East target.
The company reports drilling delays at South Timok due to poorly solidified sediments; BHP can earn 100% of the Serbian projects and Mundoro will retain a 2% NSR post‑exercise.
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.