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Re:   News Releases - Thursday, May 14, 2009
      MUNDORO Q1 2009 FINANCIAL RESULTS
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VANCOUVER, BRITISH COLUMBIA--(May 14, 2009) - Mundoro Capital Inc. (the
"Company") (TSX:MUN - News) announces the filing of the Company's
financial results for the quarter ended March 31, 2009. The highlights
provided in this release should be read in conjunction with the
Company's interim financial statements and Management Discussion and
Analysis, which are available on SEDAR at www.sedar.com. All dollar
amounts are in U.S. dollars unless otherwise stated.

Highlights

- The Company's consolidated and comprehensive loss for the quarter was
$1,051,932 ($0.03 per share) compared with a net profit of $443,320
($0.01 per share) for the previous period.

- The corporate expenses during this quarter are among the lowest in
the last eight quarters, due to management's continued efforts to
conserve cash and to not dilute shareholders through raising additional
capital.

- The net loss in the quarter was attributable to:

I. expending $67,615 on project management costs;

II. expending $454,922 on corporate expenses;

III. accounting for $563,312 on other accounting items; and

IV. earning interest income of $33,917.

- The Company ended the quarter with $13,229,084 in cash and cash
equivalents which equates to C$0.43 per share with no long term debt.

The main areas of focus for the Company during the first quarter had
been: corporate development activity in China for Mundoro Mining's
efforts to secure a strategic partner; engaging the government of
Liaoning directly; and, evaluating investment opportunities in the
resources sector for Mundoro Capital. Mundoro Mining has been in
discussions with various Chinese companies in regards to a strategic
partnership in China and proactive engagement with the various levels
of government in China. With respect to the Maoling Gold Project, the
Company continued to document and convey the economic, technical and
environmental merits of a long life, sustainable mining operation in
China to the county, municipal, provincial and national levels of
government. The economic benefits to the province of the Maoling Gold
Project are many, including: local job creation, skills training and
significant indirect job creation; purchase of equipment from Chinese
suppliers; operating expenses to be spent in China; taxes collected by
the local and provincial government; and gold produced from Maoling to
be sold in China. A large scale low-grade operation at Maoling will
bring the latest international mining knowledge to China.

Mundoro Capital is looking to employ its financial strength and
technical expertise either in conjunction with others or as the
principal for resource projects. The Company will continue to monitor
carefully value driven opportunities and weigh these opportunities
against the necessity to conserve capital during the restricted
financial markets.

About Mundoro Capital Inc.

Mundoro Capital Inc. is a Canadian based company which operates as a
mineral exploration, development and investment company. The 100%
ownership of Mundoro Mining, and its Maoling Gold Project, remains the
key asset of the Company. Mundoro Capital will also evaluate and invest
in other resource assets or companies in the natural resources field,
which can create value for Mundoro Capital and its shareholders, using
management's years of specialized experience in the capital markets
focused on evaluating exploration and production assets, and resource
investment opportunities.

About Mundoro Mining Inc.

Our vision is to create value for all of our stakeholders from
responsible mining. Our mission is to build a state of the art large
scale goldmine at Maoling meeting or exceeding all applicable Chinese
and international environmental standards. Mundoro Mining has a 79%
interest in Maoling through a Sino-Foreign co-operative joint venture
with the corporate arm of the Liaoning provincial government which owns
21%. Maoling is a feasibility stage gold deposit located in Liaoning
Province, China and is one of China's largest gold resource deposits
with 4.8 million contained gold ounces in the Measured and Indicated
category and an additional 4.4 million contained gold ounces in the
Inferred category. In 2005 a Reserve of 2.8 million ounces in the
Probable category was the basis for the Pre-Feasibility Study. Thus
far, two deposits that outcrop at surface have been outlined at Maoling
in which disseminated, free-milling gold mineralization occurs within a
sequence of metasedimentary rocks. The renewal of the exploration
license for Maoling has been deferred pending the renewal of a business
license for Mundoro Mining's joint venture company, Liaoning Tianli
Mining Company Ltd. Mundoro Mining and its partner, Liaoning Aidi
Resources Company Limited, have undertaken a strategy of engagement and
building awareness with a wide range of government agencies in order to
resolve the issue.

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

The pre-feasibility study described herein was prepared to broadly
quantify the Maoling Zone 1 deposit's capital and operating cost
parameters, and to further the development of the project. It was not
prepared for use as a valuation of the deposits, nor should it be
considered to be a final feasibility study. The information contained
in the study reflects various technical and economic conditions at the
time of writing that can change significantly over relatively short
periods of time. There can be no assurance that the potential results
contained in the study will be realized. The Study was prepared by AMEC
Americas Ltd. under the direction and oversight of Mr. Mark Pearson
P.Eng. of Vancouver, BC, an 'Independent Qualified Person' as defined
by National Instrument 43-101. Resource estimation for the Zone 1 area
in 2006 was carried out in the Brisbane, Australia office of Golder
Associates Pty Limited, an international earth sciences consulting
group under the direction and oversight of Dr. Andrew Richmond,
MAusIMM, an 'Independent Qualified Person' as defined by NI43-101.
NI43-101 compliant technical reports for the pre-feasibility study and
all reserve and resource estimates have been filed 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.

The TSX has neither approved nor disapproved of the information
contained herein.

Contact:
Robert van Doorn
Mundoro Capital Inc.
Chairman & Chief Executive Officer
604-630-3593

Teo Dechev
Mundoro Capital Inc.
President, Director and acting Chief Financial Officer
604-630-3591

Ben Chow
Mundoro Capital Inc.
Investor Relations Manager
604-630-3587
info@mundoro.com
www.mundoro.com

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Copyright (c) 2009 MUNDORO CAPITAL INC. (TSX:MUN)  All rights
reserved.  For more information visit our website at
http://www.mundoro.com/ or send mailto:info@mundoro.com
Message sent on Thu May 14, 2009 at 8:54:49 AM Pacific Time
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