07:48:01 EDT Thu 25 Apr 2024
Enter Symbol
or Name
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International Montoro Resources Inc (2)
Symbol IMT
Shares Issued 23,957,105
Close 2018-02-06 C$ 0.055
Market Cap C$ 1,317,641
Recent Sedar Documents

International Montoro agreement for Duhamel property

2018-02-06 20:53 ET - Property Agreement

The TSX Venture Exchange has accepted for filing a property agreement dated Jan. 24, 2018, between International Montoro Resources Inc., Frederick Bergeron and Christian Tremblay, whereby the company has been granted an option to acquire a 100-per-cent interest in the Duhamel property, located in the Saguenay-Lac-Saint-Jean region of Quebec. Consideration is $10,000 cash and three million shares payable over three years with a commitment to spend $150,000 in exploration over a three-year period. The vendor has been granted a 2-per-cent net smelter royalty, of which the company may repurchase 1 per cent of the NSR for $1.2 million, subject to further exchange review and acceptance. A finder's fee of $16,000 will be paid in stages to 360 Aviation Services Inc.

For further information, please refer to the company's news releases dated Jan. 25, 2018, and Jan. 26, 2018.

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