Mundoro Reports on Scout Drilling Program in Serbia

Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro" or the
"Company") is pleased to report on the scout drilling program from its 100%
owned license areas, Borsko Jezero and Dubrava, located in the Timok Magmatic
Complex ("TMC") in northeastern Serbia. 


This first phase scout drilling program focused on the Company's licenses which
are directly adjacent to the Bor Group mine and the Reservoir/Freeport Timok JV
(see Figure 1: Drillhole Locations). The scout drilling program was designed to
begin testing geophysical targets undercover and provide the Company with a
preliminary understanding of the geology and structure, along strike and
adjacent to, the Bor epithermal and porphyry copper (Cu) - gold (Au) deposits.
This diamond drill program totaled approximately 3220 meters in five drillholes.
Highlights of the results are in Table 1.


Teo Dechev, CEO and President of Mundoro commented, "TMC is a prolific area for
copper and gold mineralization as has been demonstrated by Bor Group which has
been mining in this area for over 100 years, and by the recent discovery by the
Reservoir/Freeport Timok JV, approximately 7 km southeast of the Bor Group
mining operations. Mundoro's scout drilling program was designed to test
Audio-Magneto-Telluric (AMT) anomalies undercover to the west of the Bor Group
mining operations and in the northwest-southeast corridor between the Bor Group
operating mine and the Timok JV discovery. Mundoro's two scout drillholes in
this corridor each intersected mineralization. Our next steps will be to
complete detailed mapping of the Dubrava and Topla licenses in the corridor area
as well as further geophysics and follow up drilling in 2014. Mundoro is
evaluating joint venture opportunities to expedite the exploration program."


Ms. Dechev added, "The Company is also concurrently working on our southern
licenses (Savinac and Bacevica) where trenching at the Tilva Rosh area has shown
strong results with 12 m of 30.39 g/t gold and 171.27 g/t silver. The Company is
completing further trenching, soil sampling, alteration mapping and following up
with geophysics with the aim to drill test in Q2-2014."


Table 1: Summary of Results.



--------------------------------------------------------------------------
Hole ID           From (m)      To (m)  Length (m)    Au (g/t)      Cu (%)
--------------------------------------------------------------------------
BJ_04                   22          50          28        0.25        0.24
--------------------------------------------------------------------------
including               43          50           7        0.69        0.50
--------------------------------------------------------------------------
BJ_04                   93          96           3        0.10        0.24
--------------------------------------------------------------------------
BJ_05                  377         379           2        0.29          __
--------------------------------------------------------------------------
BJ_05                  389         390           1        1.69          __
--------------------------------------------------------------------------
BJ_05                  404         415          11        0.53          __
--------------------------------------------------------------------------
including              405         406           1        1.24          __
--------------------------------------------------------------------------
                       407         409           2        1.05          __
--------------------------------------------------------------------------



Discussion of Drilling Program

In the 2013 exploration program of the central area licenses Borsko Jezero,
Dubrava and Topla, Mundoro completed AMT and Induced Polarization ("IP")
geophysical surveys over re-interpreted regional magnetic geophysical data which
generated several promising anomalies. Drillhole locations are shown on Figure 1
along with background of AMT geophysical anomalies identifying the major mines
and projects in this area. All drillholes were drilled vertically and inclined
testing various targets. Hydrothermally altered volcanic rocks of various types
were intersected in all holes suggesting proximal or distal location of
mineralised sources. 


Two holes were drilled in the Borsko Jezero and Dubrava corridor BJ-04 (728.3m
depth) and BJ-05 (495.3m depth) in order to explore the along strike
continuation of the Bor deposits favorable geology and structure. Both
drillholes BJ-04 and BJ-05 intersected copper and gold mineralization and
copper-gold anomalous intervals related to hydrothermally altered volcanic
rocks.


Drillhole BJ-04 intersected two styles of Cu-Au mineralisation covellite
veinlets and chalcopyrite-pyrite with minor bornite ore clasts. The ore clasts
type is similar to one of the Bor Deposit ore bodies called "Novo Okno" located
approximately 2 km to northwest of BJ-04. The "Novo Okno" ore body is made up of
high grade Cu-Au massive sulphides clasts from 0.5 to 50 m3 in size which have
been found elsewhere in the region at a distance approximately 4 to 5 km from
the known ore body. As Mundoro's scout drill program intersected this style of
mineralization, there exists further potential for mineralized ore bodies on
strike to the southeast of the main Bor Deposit which has been previously mined
out by Bor Group.


Drillhole BJ-05 intersected mineralized and anomalous gold intervals starting
from 377 meters, related to argillic altered andesite containing disseminated
pyrite and quartz-carbonate veins and veinlets.


Three drillholes (BJ-01, BJ-02, and BJ-03) were designed to test geophysical
anomalies in the southwestern and northeastern parts of Borsko Jezero and the
northern portion of the Sumrakovac licenses. These three drillholes did not
intersect any mineralization related to the tested AMT geophysical anomalies.


The scout drilling program has obtained valuable structural and geological
information for the Company's Timok properties and the region as a whole. Drill
data and results will be evaluated, interpreted and integrated for use in
planning further exploration within this prospective part of the license areas.


The company continues exploration within the licenses surrounding the Bor Group
operating mines with detailed structural and alteration mapping and outcrop rock
sampling. Soil geochemical surveys and trenching programs will be carried out
over selected non-undercover areas. Additional detailed IP/Resistivity and
electro-magnetic geophysical surveys are being planed over Dubrava and Borsko
Jezero licenses in conjunction with orientation surveys over known ore bodies.


Sampling, Analysis and Quality Assurance and Control (QAQC)

Drillhole orientations were surveyed at approximately 50 meters intervals. Drill
core was collected from drill sites by the Company's geologists and processed
and sampled at the Company's core shed according to industry best practice
standard procedures. Samples were collected as half PQ or HQ core at one meter
lengths from mineralised intervals and three meter lengths from none mineralised
intervals. Where necessary the sampling lengths were adjusted to reflect the
geological boundaries, occasionally with maximum length up to 5m.


All samples are assayed using 50 gram fire assay with atomic absorption finish
and ME-ICP61 by ALS Romania. The entire sample was crushed to 2mm, then split
off a 1 kg sample and pulverized the split to better than 85% passing 75
microns. Quality Assurance and Quality Control procedures include the systematic
insertion of standards and duplicates into the sample streams. Duplicate core
samples are taken every 25 samples and standards and blanks are inserted after
every 20th sample. All data collected from detailed logging and assay results
from the laboratories are routinely verified and entered in an Access data base.


The technical information of this Press Release has been reviewed and approved
by Mr. G. Magaranov, P. Geo., the Qualified Person as defined by National
Instrument 43-101.


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
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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
[phone]


Mundoro Capital Inc.
Roth Investor Relations
Michelle Roth
[phone]