Mundoro Wins Tender & Signs Exploration Contract
- Thursday, March 14, 2013, 8:47
- Market Wire
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VANCOUVER, BRITISH COLUMBIA–(Marketwire – March 14, 2013) – Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) (“Mundoro” or the “Company”), through its wholly-owned subsidiary Bulgaria Alpha EAD in the Republic of Bulgaria (“Bulgaria”), is pleased to report it has won a tender from the Bulgarian government for the Zvezda exploration license (“Zvezda”) located in Southeastern Rhodopes of Bulgaria (see attached map). The Company signed the exploration contract with the Ministry of Mining, Economy and Tourism on March 12, 2013 and will pay BGN 480,000 including VAT for the tender. The terms of the license is for 3 years, with two renewable 2-year extensions. The Company also won the tender for the Byalo exploration license (“Byalo”) as was published in the state gazette on March 12, 2013. There is no payment for the Byalo tender. Byalo is directly adjacent and north of the Zvezda license area.
Source: http://www.marketwire.com/mw/release.do?id=1768046&sourceType=3