Business
Mundoro Announces 2025 Year in Review and 2026 Exploration Outlook
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2026) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to review the progress achieved across the portfolio throughout 2025 and to present the exploration outlook for 2026.Key Highlights 2025Additional Exploration Licenses Optioned to BHP in SerbiaOn October 13, 2025¹, Mundoro entered into an option agreement with BHP for seven exploration licenses ("BHP-Mundoro Central Timok...
About this update from Bhp Group Ltd
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 8, 2026) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to review the progress achieved across the portfolio throughout 2025 and to present the exploration outlook for 2026.","length":309,"tagName":"p"},{"type":"text","content":"Key Highlights 2025","length":19,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Additional Exploration Licenses Optioned to BHP in SerbiaOn 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 US$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.","length":453,"tagName":"p"}]},{"val":[{"type":"text","content":"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).","length":296,"tagName":"p"}]},{"val":[{"type":"text","content":"Strategic Capital Raise at a PremiumIn November 2025, the Company completed an oversubscribed, non-brokered private placement, raising C$1,517,500 at a price of C$0.26 per share, representing a premium to the prevailing market price. Approximately C$665,000 of the financing was subscribed by company insiders. This marked the Company's first capital raise since January 2021, which was completed at C$0.16 per share, and demonstrates the effective execution of the prospect generator model by limiting shareholder dilution while advancing projects through partner-funded exploration. The net proceeds of the financing will be used to expand the Company's generative program in the western United States, with a focus on copper opportunities.","length":751,"tagName":"p"}]},{"val":[{"type":"text","content":"Advancing Exploration in ArizonaThroughout 2025, Mundoro advanced its 100% owned Arizona portfolio into a more partner-ready position. At Copperopolis, detailed mapping identified mineralization and struc...