Mr. Gary Musil reports

MONTORO RECEIVES APPROVAL FOR ACQUISITION OF DUHAMEL - NICKEL, COPPER, COBALT PROSPECT - QUEBEC, CANADA

The TSX Venture Exchange has accepted for filing International Montoro Resources Inc.'s property purchase agreement to acquire a 100-per-cent interest in the Duhamel property located 200 kilometres northwest of the city of Saguenay, Que., in the Saquenay-Lac-Sain-Jean region.

The Duhamel property consists of nine mineral claims comprising 500 hectares located 14 km west of Arianne Phosphate Inc.'s Lac a Paul open-pit phosphate mine. The company is currently arranging the staking of additional mineral claims adjoining the original Duhamel property.

Acquisition terms

The company has paid the vendors the sum of $10,000 upon signing, and have issued International Montoro common shares at a deemed value of five cents per share in these amounts:

• Issued 500,000 common shares to Frederic Bergeron, president of Magnor Exploration Inc.;
• Issued 500,000 common shares to Christian Tremblay of Quebec.

All common shares issued herein are issued as fully paid and subject to such resale restrictions and hold periods as imposed by applicable securities legislation and the exchange policy until June 7, 2018.

Further terms of the acquisition:

• The company paying to the vendors an additional $50,000 or at the discretion of the company additional shares at 12 months from exchange approval;
• Paying to the vendors an additional $50,000 or at the discretion of the company additional shares at 24 months from exchange approval;
• Incurring or financing $150,000 in exploration on the Duhamel property in stages as follows:
  • $25,000 on or before 12 months from exchange approval;
  • An additional $50,000 on or before 24 months from exchange approval;
  • An additional $75,000 on or before 36 months from exchange approval.

Finder's fee

The company will pay a finder's fee of 10 per cent in cash to 360 Aviation Services Inc. of Vancouver, B.C., in connection with the Duhamel, Quebec, property acquisition agreement. This 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 100-per-cent acquisition of the Duhamel property.

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.