Mundoro Capital Inc.: Mundoro Provides Operational Update and Signs Definitive Option Agreement with Vale for Two Additional Exploration Areas in Timok, Serbia
Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (
www.mundoro.com
Company ) is pleased to announce the Company and Vale Canada Inc. (
Vale ) have executed a definitive option agreement for the two additional exploration areas in Timok, Serbia. As well, the Company has filed its 2020 Year End Audited Consolidated Financial Statements and Management s Discussion and Analysis on SEDAR and posted on the Company s website at www.mundoro.com.
Teo Dechev, CEO and President commented: Mundoro is growing its list of properties optioned to partners. This second agreement with Vale expands our working relationship for two additional exploration areas in Timok, Serbia. This agreement demonstrates (i) the continuing interest of the undercover potential for additional copper and gold resources in the Timok district; (ii) the value