Mundoro Announces Annual General Meeting Results and Board Changes
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 (OTCQB: MUNMF), un generatore di royalties focalizzato sull'esplorazione del rame, ha annunciato i risultati della sua Assemblea Generale Annuale tenutasi il 14 luglio 2025. Gli azionisti hanno approvato all'unanimità tutte le mozioni con oltre il 99,9% di supporto, inclusa la nomina dei direttori e di PricewaterhouseCoopers LLP come revisori dei conti.
L'azienda ha comunicato importanti cambiamenti nel consiglio di amministrazione, accogliendo Siegfried Weidner, geologo professionista con oltre 35 anni di esperienza, come nuovo direttore. Weidner, ex responsabile dell'esplorazione per BHP-Billiton in Nord America ed Europa, porta con sé una notevole competenza, inclusa la partecipazione alla scoperta del giacimento di rame porfirico di Spence. Questa nomina segue il pensionamento di Nick Hatch dopo 5 anni di servizio nel consiglio.
Mundoro Capital (OTCQB: MUNMF), un generador de regalías enfocado en la exploración de cobre, anunció los resultados de su Junta General Anual celebrada el 14 de julio de 2025. Los accionistas aprobaron abrumadoramente todas las mociones con más del 99.9% de apoyo, incluyendo el nombramiento de directores y de PricewaterhouseCoopers LLP como auditores.
La compañía anunció cambios significativos en la junta directiva, dando la bienvenida a Siegfried Weidner, un geólogo profesional con más de 35 años de experiencia, como nuevo director. Weidner, ex gerente de exploración de BHP-Billiton para Norteamérica y Europa, aporta una notable experiencia, incluyendo su participación en el descubrimiento del depósito de cobre porfídico Spence. Este nombramiento sigue a la jubilación de Nick Hatch tras 5 años de servicio en la junta.
Mundoro Capital (OTCQB: MUNMF)는 구리 탐사에 중점을 둔 로열티 생성업체로, 2025년 7월 14일에 열린 연례 주주총회 결과를 발표했습니다. 주주들은 이사 선임과 PricewaterhouseCoopers LLP의 감사 선임을 포함한 모든 안건을 99.9% 이상의 찬성으로 압도적으로 승인했습니다.
회사는 이사회에 중대한 변화를 알리며, 35년 이상의 경력을 가진 전문 지질학자 Siegfried Weidner를 신임 이사로 영입했습니다. Weidner는 북미 및 유럽에서 BHP-Billiton 탐사 매니저를 역임했으며, Spence 포피리 구리 광상 발견에 참여한 뛰어난 전문성을 갖추고 있습니다. 이번 임명은 5년간 이사회에서 활동한 Nick Hatch의 은퇴에 따른 것입니다.
Mundoro Capital (OTCQB : MUNMF), un générateur de redevances spécialisé dans l'exploration du cuivre, a annoncé les résultats de son Assemblée Générale Annuelle tenue le 14 juillet 2025. Les actionnaires ont approuvé à une écrasante majorité toutes les résolutions avec plus de 99,9% de soutien, y compris la nomination des administrateurs et de PricewaterhouseCoopers LLP en tant qu'auditeurs.
La société a annoncé des changements importants au sein du conseil d'administration, accueillant Siegfried Weidner, géologue professionnel avec plus de 35 ans d'expérience, en tant que nouvel administrateur. Weidner, ancien responsable de l'exploration chez BHP-Billiton pour l'Amérique du Nord et l'Europe, apporte une expertise notable, notamment sa participation à la découverte du gisement de cuivre porphyrique de Spence. Cette nomination fait suite à la retraite de Nick Hatch après 5 ans de service au conseil.
Mundoro Capital (OTCQB: MUNMF), ein auf Kupferexploration fokussierter Royalty-Generator, gab die Ergebnisse seiner Jahreshauptversammlung bekannt, die am 14. Juli 2025 stattfand. Die Aktionäre stimmten mit über 99,9% Zustimmung allen Anträgen zu, einschließlich der Ernennung von Direktoren und PricewaterhouseCoopers LLP als Wirtschaftsprüfer.
Das Unternehmen kündigte bedeutende Veränderungen im Vorstand an und begrüßt Siegfried Weidner, einen professionellen Geologen mit über 35 Jahren Erfahrung, als neues Vorstandsmitglied. Weidner, ehemaliger Manager der BHP-Billiton Exploration für Nordamerika und Europa, bringt umfangreiche Expertise mit, darunter die Beteiligung an der Entdeckung der Spence Porphyr-Kupferlagerstätte. Die Ernennung folgt auf den Rücktritt von Nick Hatch nach 5 Jahren Vorstandszugehörigkeit.
- Addition of highly experienced director Siegfried Weidner with 35+ years in mineral exploration
- Strong shareholder support with over 99.9% approval on all motions
- New director brings proven discovery track record including Spence Porphyry Copper Deposit
- Loss of experienced board member Nick Hatch after 5 years of service
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) ("Mundoro" or the "Company"), a royalty generator with a portfolio of exploration properties focused primarily on copper, is pleased to announce the voting results of its Annual General Meeting of shareholders held on July 14, 2025 (the "Meeting").
The Company's shareholders voted in favor of all matters brought before the meeting. A summary of the voting results is shown below:
| Motion | % For |
| Set up number of directors at 5 | |
| Teo Dechev | |
| Michael Calyniuk | |
| Siegfried Weidner | |
| Mark Platt | |
| Stephen Altmann | |
| Appointment of Auditors | |
| Equity Incentive Plan |
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 Board of Directors (the "Board").
Board Changes
Mundoro is pleased to announce the election of Mr. Siegfried Weidner, B.Sc., P.Geo., as a Director of the Company. Mr. Weidner's appointment is effective as of July 14, 2025. Mr. Weidner is a Professional Geologist registered in British Columbia with over 35 years of international experience in mineral exploration. A significant portion of his distinguished career includes 18 years with Rio Algom Ltd./Billiton/BHP Billiton, culminating in his role as BHP-Billiton Exploration's Manager of Operations for North America and Europe. He is widely recognized for his proven track record of discoveries, successful project evaluations, and effective project execution, guiding initiatives from greenfield exploration through to advanced stages. Notably, Mr. Weidner was the recipient of several industry accolades, including Prospector of the Year (New Brunswick PDAC branch in 1993). Furthermore, he was a key part of the team that received the International Bill Dennis (PDAC) Prospector of the Year award in 1998 for the discovery of the Spence Porphyry Copper Deposit in Chile. His deep expertise will be instrumental in the Board's oversight of Mundoro's strategic exploration efforts and project advancements.
"We are delighted to welcome Siegfried Weidner to Mundoro's Board," stated Ms. Teo Dechev, CEO of Mundoro Capital. "His extensive experience as a professional geologist and his proven track record of significant discoveries and project advancements will be an invaluable asset. Siegfried's addition significantly strengthens our technical expertise and strategic oversight at the board level as we continue to advance our exploration portfolio and pursue new opportunities."
Mr. Nick Hatch has retired from the Company's Board of Directors, effective at the close of the Company's recent Annual General Meeting. Mr. Hatch's retirement follows 5 years of dedicated service to the Board of Mundoro. "On behalf of the entire Board, we extend our sincere gratitude to Nick Hatch for his contributions and unwavering support as an independent director," stated Ms. Teo Dechev, Chief Executive Officer of Mundoro Capital. "We wish him all the very best in his future endeavors."
About Mundoro Capital Inc.
Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals. To drive value for shareholders, Mundoro's asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners. The portfolio of mineral properties is currently focused predominantly on copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA.
For further information about Mundoro, please contact Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055, or Shamil Devji, Investor Relations Manager at +1-604-669-8055. You can also visit Mundoro's website www.mundoro.com.
Caution Concerning Forward-Looking Statements
This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company's projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they 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, exploration results, commodity prices, 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 the Board undertakes no obligation to publicly update such forward-looking statements, 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.sedarplus.ca.
Neither the 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258836
FAQ
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