MUN Mundoro Capital Inc

Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro", "Company")
announces the filing of the Company's Annual Audited Financial Results for
fiscal year ended December 31, 2012. Highlights provided in this news release
should be read in conjunction with the Company's Annual Audited Financial
Statements and the Management Discussion and Analysis, which is available on
SEDAR at www.sedar.com. All dollar amounts are in U.S. dollars unless otherwise
stated.


Mundoro ended 2012 in a strong financial position with a total of $15,974,340
($5,781,069 in cash and cash equivalents and $10,193,271 in short-term
investments). The Company has no debt. The Company's net loss for the year ended
December 31, 2012 was $5,050,722 or $0.12 per share and was principally
attributable to dissident shareholder related costs of $1,187,355 and
exploration and project evaluation costs of $2,413,308. This compares with net
income of $10,353,832 or $0.27 per share in 2011, which included income from
discontinued operations of $11,922,533.  


During 2012 the Company:

-- Expanded its project generation program into Southeastern Europe with the
acquisition of 11 mineral exploration licenses within the Republic of Serbia
("Serbia") in the well-known Timok Magmatic Complex ("TMC"), a segment of the
Tethyan Metallogenic Belt. One additional application remains pending with the
Ministry of Environment, Mining and Spatial Planning. Exploration work and
ranking is on-going. 


-- Regional Airborne Magnetic and Gravity data covering 8,000 sq. km was
processed, gridded, interpreted and used for targeting over the TMC. Eight
prospective targets were identified which are all within Mundoro's100% owned
exploration licenses. 


-- Stream sediment sampling was completed over 8 license areas and a total of
480 samples were analyzed. An AMT geophysical survey has been started over these
areas and is expected to be completed in Q2 2013. 


-- Gained a strategic shareholder, the Sheridan Platinum Group Ltd., which is
aligned with the Company's long term growth strategy. 


-- Conducted a first phase drill program at Camargo (see Mundoro news release
February 20, 2013) which confirmed the presence of a mineralized and highly
altered hydrothermal system. 


-- Executed a definitive option agreement to acquire 100% of the Centauro
project, Chihuahua State, Mexico which is a low sulphidation epithermal system. 


-- A mapping and sampling program at Centauro is currently underway (see Mundoro
News Release October 9, 2012) which is aimed at defining the epithermal model
and localizing the feeders and plumbing system to target higher grade precious
metal mineralization at depth.


-- In keeping with the Company's Normal Course Issue Bid Program, implemented on
November 24, 2011, Mundoro purchased and cancelled 281,000 common shares with an
average purchase price of CAD $0.38 per share in Q1 2012. During the remaining
nine months ended December 31, 2012 the Company made no further purchases. The
program terminated on November 13, 2012. 


-- Maintained a minority 5% interest in Mundoro Mining Inc. which is 95%
controlled by China National Gold Group, for the development of the Maoling Gold
Project. 


-- Faced a dissident shareholder petition at the Annual General Meeting on
August 27, 2012. Shareholders supported the current board by voting to re-elect
every current director. 


Commenting on Mundoro's year end results, CEO & President Teo Dechev said, "2012
was a pivotal year for Mundoro. We expanded our global footprint by acquiring 11
mineral licenses in the Serbia and executed a definitive option agreement to
acquire 100% of the Centauro project in Mexico. We grew our portfolio of
exploration properties from 15 to 27, and have exploration teams in place in
both countries. We are well funded to execute our exploration and development
strategies as we seek to extract value for our shareholders in 2013 and beyond."


Going forward for 2013, Teo Dechev commented: "The Company continues to evaluate
advanced and development stage mineral resource properties for acquisition or
joint venture, while at the same time advancing its exploration properties in
Serbia and Mexico. All properties staked or acquired are evaluated on a
quarterly basis as to whether to continue exploration, progress into
development, drop the property, or joint venture out to another company. The
Company is pursuing further prospective projects (including development and/or
producing) to add to the strong project pipeline and drive long-term,
sustainable growth in order to attain production and shareholder return."


On Behalf of the Company,

Teo Dechev, CEO & President, Director

About Mundoro Capital Inc.

Mundoro is a well-funded, Canadian based, company focused on mineral
acquisition, exploration, and development. Our target areas are the Tethyan Belt
in Southeastern Europe and the Mesa Central Belt in Northwestern Mexico, both of
which are prolific mineral belts with strong exploration and development
potential. Mundoro has methodically acquired a district-scale land position in
both mineral belts which host significant Gold-Copper porphyry deposits and
related epithermal deposits. The Company has a minority 5% interest in Mundoro
Mining Inc. which is 95% controlled by China National Gold Group, for the
development of the Maoling Gold Project. Our strong project pipeline 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mundoro Capital Inc.
Teo Dechev
CEO, President and Director
+1-604-669-8055
+1-604-669-8056 (FAX)
info@mundoro.com
www.mundoro.com


Roth Investor Relations
Michelle Roth
+1-732-792-2200

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