Mundoro Capital Boasts Strong Cash, Future Plans

Mundoro Capital (TSE:MUN) has released an update.

Mundoro Capital Inc. reports a robust financial position with $4.37 million in cash, no long-term debt, and operational funding secured for the next 12 months, despite a net loss of $286,337 in the first half of 2024. The company is actively engaging with potential partners to option exploration projects in Serbia and Arizona, with several confidentiality agreements in place and upcoming exploration activities planned for the second half of the year.

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