Mr. Gary Musil reports

INTERNATIONAL MONTORO CLOSES FLOW-THROUGH PRIVATE PLACEMENT FINANCING FOR TOTAL OF $118,525 AND CONTINUED EXPLORATION ON ITS PECORS NI-CU-PGE DISCOVERY

International Montoro Resources Inc. has closed its flow-through financing and will now issue 2,155,000 units at a price of 5.5 cents per unit. Each unit will consist of one flow-through common share of the company and one transferable non-flow-through share purchase warrant. Each whole warrant will permit the holder to acquire one additional share of the company at a price of 10 cents for a period of two years from closing. The securities will be issued having a hold period expiring April 21, 2018.

In addition to relying upon other available prospectus exemptions to effect the private placement, a portion of the private placement is being completed in accordance with the exemption set out in B.C. Instrument 45-536 (Exemption from prospectus requirement for certain distributions through an investment dealer). The company also confirms there is no material fact or material change related to the company which has not been generally disclosed.

The company has agreed to pay a finder's fee to Haywood Securities Inc. of 8 per cent cash or $2,420 plus the issuance of 44,000 warrants, and a fee to PI Financial Corp. of 8 per cent cash or $2,376 plus 43,200 warrants.

The company intends to use the net proceeds from the private placement for continued exploration on the Serpent River property, in particular the Pecors Ni-Cu-PGE (nickel-copper-platinum-group-element) discovery. The company is preparing to complete a helicopter-borne ZTEM geophysical survey of approximately 280 line kilometres at 200-metre line spacing, increasing further information to depth over 2,000 metres, which will assist in better targeting the next phase of diamond drilling.

About International Montoro Resources Inc.

Montoro is focused on advancing its 100-per-cent-owned Serpent River-Elliot Lake, Northern Ontario, Pecors magnetic anomaly -- a potential Ni-Cu-PGE discovery. The southwestern portion of the property has located uranium/REE (rare-earth-element) mineralization from previous drilling in the general area where Rio Algom discovered uranium. The property comprises 10 mineral claims (115 units) or approximately 1,840 hectares.

We seek Safe Harbor.