Mundoro Capital Inc. (TSX VENTURE:MUN) ("Mundoro" or the "Company") encourages
shareholders to ignore overtures from dissident shareholder Northern Minerals
Investment Corp. ("NMI") and Allen Lee (also known as Allen Li, Hong Jun Lee or
Hong Jun Li). Any solicitation made by the dissidents or any party acting
jointly or in concert with them may be illegal and should be reported to the
Company at (604) 669-8055 or by email at mtovar@mundoro.com.


The Company's annual general meeting of shareholders (the "Meeting"), originally
scheduled to be held on June 26, 2012, was postponed to Monday, August 27, 2012,
to ensure a fair and informed election of directors. Shareholders are advised
that the Company cannot solicit votes for the Meeting until management
information circular is publicly filed. Mundoro will send shareholders
management information circular addressing the dissident's baseless allegations
and demonstrating the strength of management's director nominees in the coming
weeks. In addition, Mundoro will highlight its vision and corporate strategy to
develop resource assets and maximize value to shareholders.


Through a public announcement made by NMI on June 18, 2012, Mundoro's suspicions
have been confirmed regarding a takeover of the Board by dissident NMI, Allen
Lee and potential other parties acting jointly or in concert. Your Company and
its advisors continue to investigate the connections among the parties acting
jointly or in concert.


Chairman of the Board, Mr. John Hoey commented, "The Company's management and
Board are confident that the dissident's allegations are baseless. Given that
the dissidents are attempting to change the entire Board of the Company, it is
imperative for shareholders to ask what their corporate strategy is for Mundoro
and to carefully consider how it differs from that of the current Board and
management."


On behalf of the Company,

Teo Dechev, Chief Executive Officer, President and Director

About Mundoro Capital Inc.

Mundoro is a Canadian based company which operates as a mineral acquisition,
exploration, development and investment company. The Company's target
exploration areas are the Tethyan belt in South Eastern Europe and the Mesa
Central Belt in Mexico, both of which are mineral belts the Company believes
have strong exploration potential. The Company maintains an interest in the
Maoling Gold Project through its 5% interest in Mundoro Mining Inc.


Caution Concerning Forward-Looking Statements

Investors are encouraged to review 'Risk Factors' as outlined in the Company's
disclosure documents and other regulatory filings, available on the SEDAR
website at www.sedar.com.


The statements herein that are not historical facts are forward-looking
statements. These statements address future events and conditions and so involve
inherent risks and uncertainties, as disclosed under the heading "Risk Factors"
in the company's periodic filings with Canadian securities regulators. Actual
results could differ from those currently projected. The Company does not assume
the obligation to update any forward-looking statement.
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