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Mundoro Capital brings in over C$1.3mln via a private placing

Mundoro holds projects in two European countries, as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold project in China..
Mundoro Capital brings in over C$1.3mln via a private placing
Each unit consists of one share and one share purchase warrant, the firm said

Mundoro Capital Inc (CVE:MUN) told investors it had brought in over C$1.3mln via a share placing.

The resource group issued over 9.7mln units at 13.5 cents each.

Each unit consists of one share and one share purchase warrant, with each full warrant exercisable to acquire one share at 20 cents each for three years.

Mundoro holds projects in two European countries, as well as an investment in a producing gold mine in Bulgaria and a feasibility stage gold project in China.

The company holds eight projects in Serbia - the four Timok North projects are in option to JOGMEC, and the four Timok South projects are being advanced by Mundoro.

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Mundoro Capital Inc. Timeline

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