MUNDORO CAPITAL INC. ("MUN") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: May 21, 2014 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an asset purchase agreement dated May 8, 2014 between Mundoro Capital Inc. (the 'Company') and Caracal Gold LLC (the 'Vendor') whereby the Company may acquire 100% of the Chuprene property located in north-western Bulgaria. Consideration is 350,000 common shares of the Company upon Exchange Approval and a further 3,500,000 common shares at a deemed price of $0.30 or $1,000,000 cash upon filing of a NI 43-101 report identifying 1,000,000 oz. Gold or Gold equivalent in the "measured" or "indicated" resource categories. The Vendor retains a 10% net profits interest royalty which the Company may purchase at any time for $1,000,000. ________________________________________
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