Mundaro replaces oustanding Restricted stock with new stock options - 29 June 2009

VANCOUVER, BRITISH COLUMBIA, Jun 29, 2009 (Marketwire via COMTEX News Network) --

Mundoro Capital Inc. (the "Company") (TSX:MUN) announces that the Board of Directors has authorized the grant of 1,878,675 stock options
under its 2009 Stock Option Plan (the "Option Plan") to directors,
officers, employees and consultants ("Participants") at an exercise
price of $0.57 per share. The stock options are granted to Participants
in exchange for cancellation of their unvested Restricted Share Units
under the Company's Restricted Share Unit Plan. The Company will cancel
1,787,335 unvested restricted share units which have an exercise price
of $0.23 per unit. The grant of stock options in return for
cancellation of restricted share units will minimize disbursements from
the Company's cash reserves. The unvested stock options will have the
same vesting terms as the unvested restricted share units and are
subject to provisions in accordance with the Option Plan and the
policies of the Toronto Stock Exchange.

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 ("Maoling"), remains the
key asset of Mundoro Capital and 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, resource investment
opportunities.

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 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.

SOURCE: Mundoro Capital Inc.

Mundoro
Capital Inc. Robert van Doorn Chairman & CEO 604-630-3593 Mundoro
Capital Inc. Teo Dechev President & Director 604-630-3591 Mundoro
Capital Inc. Ben Chow Investor Relations Manager 604-630-3587
info@mundoro.com www.mundoro.com