Mr. Gary Musil reports
MONTORO UPDATES FINDER'S FEE AGREEMENT
Further to the news release of Jan. 25, 2018, International Montoro Resources Inc. is providing additional information relating to the finder's fee payable.
The company will pay a finder's fee of 10 per cent in cash to 360 Aviation Services Inc. in connections with the Duhamel, Que., property acquisition agreement. They would be paid in stages as follows: $1,000 upon signing; $5,000 upon exchange acceptance of the agreement; and a further $5,000 in 12 and 24 months, if the company proceeds with the 100-per-cent acquisition of the Duhamel property. All fees are subject to TSX Venture Exchange approval.
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 nickel-copper-PGE (platinum group elements) discovery. The southwestern portion of the property has located uranium/REE (rare earth elements) 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.
In addition, the company owns jointly with Belmont Resources Inc. (50/50) its Crackingstone (982 hectares or 2,427 acres) and Orbit (11,109 hectares or 27,450 acres) uranium properties in the Uranium city district, Northern Saskatchewan, and is seeking a joint venture partner to continue development of this advanced property.
We seek Safe Harbor.
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