NMI Namibia Critical Metals Inc

Mundoro Capital Inc. (TSX VENTURE:MUN) ("Mundoro" or the "Company") is pleased
to announce a strategic investment in the Company to be made by the Sheridan
Platinum Group Ltd. ("Sheridan Group"), which investment will bring additional
value-added expertise to Mundoro through the Sheridan Group's long established
presence in the Canadian mining industry. The Company will issue to the Sheridan
Group, by way of a brokered private placement, 5,500,000 common shares (the
"Shares") at a price of $0.40 per Share (the "Transaction"), resulting in
aggregate gross proceeds to the Company of approximately $2,200,000. On closing
of the Transaction, the Sheridan Group will have ownership of approximately
13.1% of the then outstanding shares of Mundoro. The pricing of the Transaction
is at a 27% premium to the Company's 30 day volume weighted average price
("VWAP") of the common shares on the TSX Venture Exchange ("TSXV"), 25% premium
to the 20 day VWAP and 11% to the 10 day VWAP.


"We are very pleased to announce this strategic alliance with the Sheridan
Group. The Sheridan Group has a history of successful investments in the mining
sector and their participation is an endorsement of Mundoro's management and
defined corporate strategy of the Company" stated Mr. Hoey, Chairman of the
Board. 


"Along with the value-added expertise we will receive from the Sheridan Group,
this investment strengthens our financial and strategic relationship with the
Sheridan Group and will assure we have the necessary financial resources to
achieve critical milestones for the twelve properties in Mexico, six properties
in South Eastern Europe and further acquisitions" stated Teo Dechev, CEO and
President of the Company.


The Shares to be issued under the Transaction will be subject to a four month
hold period in accordance with Canadian securities laws. In connection with the
Transaction, the Company will pay a 5% cash commission to Sheridan Brothers
L.P., an investment dealer member of the Toronto Stock Exchange. The net
proceeds will be used to fund the Company's exploration work programs in Mexico
and South Eastern Europe and for potential further acquisitions. 


The Transaction is scheduled to close no later than July 25, 2012 and is subject
to certain closing conditions, including receipt by Mundoro of a fairness
opinion with respect to the Transaction and approval of the TSXV. Morrison Park
Advisors, Mundoro's independent financial advisor, has been engaged to provide
the fairness opinion to Mundoro's board of directors.


As part of the strategic investment, the Sheridan Group has been granted one
board seat, subject to their acceptance of certain voting covenants with respect
to their holdings in the Company, including a requirement to issue to Mundoro a
proxy to vote the common shares of Mundoro beneficially owned by the Sheridan
Group in accordance with management's recommendations for a period of 24 months.
The Sheridan Group will also be prohibited from acquiring beneficial ownership
of more than 20% of the outstanding common shares of Mundoro for this period. 


In light of actions taken by Northern Minerals Investment Corp. ("NMI") earlier
this year, an invitation has been made to NMI to participate in the Transaction
on a pro rata basis to maintain its current level of ownership in Mundoro. In
connection with this invitation, NMI has also been offered a board seat on the
same terms and subject to the same conditions as was agreed to by the Sheridan
Group. 


Serbia Exploration Program Update

The Company is also pleased to announce that the stream sediment sampling
program has been progressing over the first six granted, 100% own by Mundoro,
exploration license areas. 




--  Total of 322 stream sediment samples were collected and dispatched for
    analysis to SGS laboratory. 
--  Stream sediment sampling has been completed for: Osanica Bukovska 87
    samples, Rakova Bara 74 samples, Zeleznik 85 samples and Glozana 76
    samples. 
--  Total of 309 km2 area was covered. 
--  Stream sediment sampling collection continues over Manastirica and Topla
    licenses where 210 samples have been designed to cover an area of 150
    km2. 



The first stage of the exploration work program was carried out at the
Osanica-Bukovska license area in order to investigate historically reported
mineral occurrences at Osanica (W-Sb-Au) and Antina Cuka (Pb-Zn-Au-Ag). The
exploration team has collected a total of 21 rock samples from potentially
mineralized rock and submitted to SGS laboratory for analysis. 


Teo Dechev, CEO and President of Mundoro, commented, "Mundoro has grown its land
position to a district scale exploration effort in the highly prospective Timok
Magmatic Complex in the Tethyan Metallogenic belt. The first phase exploration
program is on schedule with our field team actively sampling, mapping and
evaluating mineral prospects in the license areas. We are confident the current
exploration work program will produce drill targets within the license areas by
the end of the field program." 


Osanica

Osanica Au-Ag-W-Sb district is located near the town of Zagubica. The area
explored for vein-type mineralization in Soviet times occupies an area of 1300
meters by 800 meters, part of a larger, 3 km by 3.5 km mineralized system.
Reported gold grades from veins and underground adits range from 0.5 to 2.5 ppm
Au.


Osanica quartz vein system is hosted in basement metamorphic package of
mica-schist and mica-feldspar gneiss. Basement rocks are cut by Carbon Age
granite stocks and dike bodies followed by late intrusions of Paleogene
andesite-rhyolite dikes and stocks. Field observations and rock sampling
indicate Osanica mineralization occurs in several intersecting vein systems
(Au-Ag-W-Sb) containing up to 5-10% sulphides with visible wolframite, stibnite,
scheelite and pyrite. Potential may exist with quartz veinlets and possibly
stockwork mineralization between the major veins or at veins contacts which were
not recognized and sampled previously. Potential exists to discover either
(Au-Ag-W-Sb) vein or bulk-mineable deposits within the 3 by 3.5 km area, since
it has not been explored systematically with modern methods. 


Mundoro has initiated historical state data compilation and has planned
additional follow-up stream sediment and rock sampling to cover footprints of
the mineralized system.


Antina Cuka

An area with old workings, trenches and drillhole sites 500 meter by 500 meter
in size is present within west-central part of the Osanica-Bukovska exploration
license. The area is along strike continuation of known Pb-Zn-Au-Ag occurrence
Antina Cuka representing mineralized system 2 km by 1.5 km.


Historical exploration at Antina Cuka started during the 1980's and lasted
intermittently until 1992. In this period, geology mapping in scale 1:10000 and
1:2500 with geochemical mapping and sampling 1:2500 were performed. Applied
geophysical methods were Induced Polarization (IP) and Specific Electrical
Resistance (SER). From 1981 to 1986, 17 boreholes were drilled, reported results
were: Au 0.5 - 6.6 g/t, Ag 7.50 to 144.00 g/t, Cu from 0.01 to 1.8%, Pb from
0.15 to 5.10%, Zn from 0.08 to 0.39%.


Reconnaissance rock samples were collected from excavated material from old
trenches. One sample was collected from a 4 meter silicified calcschist
containing quartz-carbonate-pyrite veinlets +/- malachite. Mundoro will analyze
stream sediment and rock sampling results when available and compile historical
state data.


This 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 Canadian based company which operates as a mineral acquisition,
exploration, development and investment company. The Company's target areas are
the Tethyan belt in South Eastern Europe and the Meso Central Belt in
Northwestern Mexico, both of which are prolific mineral belts the Company
believes have strong exploration and development potential. Mundoro has
methodically staked a district-scale land position with 12 mineral concessions
covering 154,098 hectares in the Meso Central belt. We have successfully
acquired six mineral exploration licenses in Serbia within the well-known Timok
Magmatic Complex which hosts significant Au-Cu porphyry deposits and related
Au-Cu epithermal deposits. The Company maintains an interest in the Maoling Gold
Project through its 5% interest in Mundoro Mining Inc. Maoling is a
pre-feasibility stage gold deposit located in Liaoning Province, China. 


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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