Mundoro Capital Inc.: Private Placement Update

Mundoro Capital Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 24, 2017) - Mundoro Capital Inc. (TSX VENTURE:MUN) ( ("Mundoro" or the "Company") has settled on adjusted terms for the private placement it announced September 29, 2017. Mundoro will now raise proceeds of approximately $1,317,589 through the issue of 9,759,917 units at a price of $0.135 per unit. Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant exercisable to acquire a common share at a price of $0.20 for a term of two years.