Mundoro Announces Closing of Common Share Private Placement

Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro" or the
"Company") is pleased to announce that it has closed a non-brokered private
placement (the "Offering") consisting of 1,550,000 common shares (the "Common
Shares") sold at a price of $0.28 per Common Share to Sheridan Platinum Group
Ltd. ("Sheridan Group"). 


The Offering represents the completion of the strategic investment in the
Company by the Sheridan Group that was previously announced in July 2012. As a
result of the Offering, the Sheridan Group now holds, directly and indirectly, a
total of 5,697,000 Common Shares representing approximately 13.1% of the
Company's issued and outstanding shares and will therefore become a new insider
of the Company, as that term is defined in applicable securities laws. As
previously announced, as part of the strategic investment the Sheridan Group has
been granted one board seat and has agreed to certain voting and standstill
covenants. In connection with the private placement, the Board of Directors of
the Company received a fairness opinion from Morrison Park Advisors, Mundoro's
independent financial advisor.


The net proceeds of the Offering will be used to further advance exploration
activities on the Tethyan Belt in Southeastern Europe. All Common Shares issued
in connection with the Offering are subject to a statutory hold period expiring
on November 19, 2013. The Offering is subject to receipt of final approval from
the TSX Venture Exchange.


On behalf of the Company,

Teo Dechev, Chief Executive Officer, President and Director 

About Mundoro Capital Inc.

Mundoro is a well-funded, Canadian based, company focused on mineral
acquisition, exploration, and development. Our primary focus is advancing our
properties on the Tethyan Belt in Southeastern Europe. Mundoro has methodically
acquired a district-scale land position on this prolific mineral belt which
hosts significant Gold-Copper porphyry and related epithermal deposits. Our
strong project pipeline, which also includes assets in Mexico and China, is
positioned to drive long-term, sustainable growth in order to attain production
and shareholder return. 


Caution Concerning Forward-Looking Statements

Information included, attached to or incorporated by reference into this News
Release may contain forward looking statements. All statements, other than
statements of historical fact, included or incorporated by reference in this
News Release are forward-looking statements, including, without limitation,
statements regarding activities, events or developments that the Board expects
or anticipates may occur in the future. These 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. The material assumptions that were applied in
making the forward looking statements in this News Release include expectations
as to the Company's future strategy and business plan and execution of the
Company's existing plans. There can be no assurance that the plans, intentions
or expectations upon which these forward-looking statements are based will
occur. We caution readers of this News Release not to place undue reliance on
forward looking statements contained in this News Release, which are not a
guarantee of performance and 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, 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 to reflect new information, subsequent events or
otherwise, 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.sedar.com.


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mundoro Capital Inc.
Teo Dechev
CEO, President and Director
+1-604-669-8055
www.mundoro.com
Mundoro Capital (TSXV:MUN)
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