NMI Namibia Critical Metals Inc

Mundoro Capital Inc. (TSX VENTURE:MUN) ("Mundoro" or the "Company") announced
today that the Supreme Court of British Columbia has dismissed the application
brought by dissident shareholder Northern Minerals Investment Corp. ("NMI") to
prevent Mundoro from postponing its annual general meeting of shareholders (the
"Meeting") and from changing the record date for the Meeting.


In light of the Court's decision, the Meeting will be held on August 27, 2012,
with a record date of July 27, 2012. The Court's decision with respect to the
relief sought by NMI regarding the Company's Advance Notice Policy will be
provided by the Court in due course.


"The Company is very pleased with the Court's decision and believes this to be
in the best interests of the Company and all of our shareholders," said John J.
Hoey, Chairman of the Board. "As a matter of good governance, your Board will
continue to be committed to facilitating an orderly and efficient Meeting and
allowing shareholders to make an informed vote at the Meeting."


Further details on the Meeting will be contained in a Notice of Meeting and
Management Information Circular that will be mailed to shareholders of the
Company and filed on SEDAR in the coming weeks. 


On behalf of the Company,

Teo Dechev, Chief Executive Officer, President and Director

About Mundoro Capital Inc.

Mundoro is a Canadian based company which operates as a mineral acquisition,
exploration, development and investment company. The Company's target
exploration areas are the Tethyan belt in South Eastern Europe and the Mesa
Central Belt in Mexico, both of which are mineral belts the Company believes
have strong exploration potential. The Company maintains an interest in the
Maoling Gold Project through its 5% interest in Mundoro Mining Inc. 


Caution Concerning Forward-Looking Statements

Investors are encouraged to review 'Risk Factors' as outlined in the Company's
disclosure documents and other regulatory filings, available on the SEDAR
website at www.sedar.com.


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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