Mundoro Capital Inc. ("Mundoro" or the "Company") announces that a special
meeting of Company shareholders has been called for October 4, 2011 at 11:00 AM
at the Company's corporate office, Suite #1401 - 1030 West Georgia Street,
Vancouver (the "Special Meeting"). A Management Information Circular dated
August 30, 2011 (the "Circular"), discussing the Proposed Strategic Transaction
(as defined below) to be considered at the Special Meeting and voting
instructions has been filed on SEDAR under the Company's profile at
www.sedar.com and is available through the Company's website www.mundoro.com.
The record date for shareholders entitled to vote at the Special Meeting is
August 30, 2011. The Circular is expected to be mailed to the Company's
shareholders by September 6, 2011.


Special Meeting of Mundoro Shareholders

On August 2, 2011, the Company announced that it had entered into a definitive
share purchase agreement ("Share Purchase Agreement") with China National Gold
Group Hong Kong Limited ("CNGHK"), a wholly- owned subsidiary of China National
Gold Group Corporation. Pursuant to the Share Purchase Agreement, CNGHK will
acquire 95% of the issued and outstanding shares of Mundoro Mining Inc. ("MMI"),
the Company's wholly owned subsidiary, for a cash purchase price of
CDN$13,800,000 (the "Proposed Strategic Transaction"). The Company will retain
5% of the issued and outstanding shares of MMI. The completion of the Proposed
Strategic Transaction is subject to a number of conditions, including approval
by special resolution of the Company's shareholders.


The Company encourages shareholders to read the materials in the Circular
carefully. The board of directors of Mundoro (the "Board") is of the view that
this Proposed Strategic Transaction is the best currently available alternative
for Mundoro. After careful consideration, the Board has unanimously determined
that the Proposed Strategic Transaction is in the best interests of Mundoro and
its shareholders. Accordingly, the Board unanimously recommends that
shareholders VOTE FOR the special resolution approving the Proposed Strategic
Transaction.


Laurel Hill Advisory Group

Mundoro has retained Laurel Hill Advisory Group ("Laurel Hill") to act as a
proxy solicitation agent and to assist with the Special Meeting of the Company
shareholders. For shareholder inquiries regarding the special meeting, please
contact Laurel Hill at 1-866-304-0211 toll-free in North America or 416-304-0211
outside North America.


On behalf of the Company,

Teo Dechev, Chief Executive Officer and President

About Mundoro Capital Inc.

Mundoro is a Canadian based company which operates as a mineral exploration,
development and investment company. The Company has an interest in the Maoling
Gold Project, which is a prefeasibility stage project with a significant gold
resource in Liaoning, China, through its wholly owned subsidiary MMI. The
Company has entered into a Share Purchase Agreement to sell 95% of the issued
and outstanding shares of MMI to China National Gold Group Hong Kong Limited.
The Company will retain 5% of the issued and outstanding shares of MMI. Mundoro
has an active project generation program in Mexico where it has been granted
title for the Cuencame Property (approximately 43,000 hectares) and has made
application for eight additional mineral concessions in Durango State. Mundoro
is well funded to advance its projects with approximately US$8.3 million in cash
and cash equivalents. Mundoro has 38.4 million shares issued and outstanding and
40.6 million shares on a fully diluted basis.


Forward-Looking Statements

The statements herein that are not historical facts are forward-looking
statements. These statements address future events and conditions and so involve
inherent risks and uncertainties, as disclosed under the heading "Risk Factors"
in the company's periodic filings with Canadian securities regulators. Actual
results could differ from those currently projected. The Company does not assume
the obligation to update any forward-looking statement.


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