Mundoro Capital (TSE:MUN) has released an update.
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Mundoro Capital Inc. experienced a transformative year in 2023, effectively managing extensive field programs across multiple projects, leading to the discovery of several new drill targets and a strong partner-funded exploration budget. As the company looks to 2024, it will regain full control over key projects in Serbia and Arizona due to the termination of agreements with Vale Base Metals, and is actively seeking new partnership opportunities. With a robust financial position, including $6.4 million in cash and no debt, Mundoro is well-positioned for the upcoming year without the need for additional capital raising.
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