VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/14/12 — Mundoro Capital Inc. (TSX VENTURE: MUN) () ("Mundoro" or the "Company"), through its wholly-owned subsidiary in the Republic of Serbia ("Serbia"), is pleased to report that it has received approval from the Serbian government for two additional exploration licenses () in the south Timok Magmatic Complex (TMC):i) Osnic: The Osnic license area totals 74.2 sq. km and is located approximately 22 km south of the