Mundoro Reports Progress on Exploration Programs and Financial Results

VANCOUVER, British Columbia, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Mundoro Capital Inc. (TSXV: MUN | OTCQB: MUNMF | www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce an update regarding exploration program results achieved to date, as well as the filing of its Management's Discussion and Analysis (MD&A) and Financial Statements for the second quarter and six-month period ended June 30, 2026.

"Our financial results for the quarter reflect our strategic commitment to generate new property opportunities, particularly within Serbia, while simultaneously realizing efficiencies in corporate expenses, which were reduced by 24%, directing our capital toward the project pipeline. That priority carries into the second half of the year, where our generative focus shifts toward our Arizona copper assets. On the properties held with BHP, where exploration is partner-funded, the coming quarter includes drill testing of the Vitanovac target. We also remain focused on advancing the Borsko drill target, navigating the administrative and permitting process in Bulgaria, and progressing partnership discussions for our copper projects in Arizona," stated Teo Dechev, CEO of Mundoro.