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International Montoro Resources Inc (2)
Symbol IMT
Shares Issued 24,957,105
Close 2018-06-28 C$ 0.04
Market Cap C$ 998,284
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Int'l Montoro shareholders approve matters at AGM

2018-06-29 12:47 ET - News Release

Mr. Gary Musil reports

INT. MONTORO RESOURCES - ANNUAL GENERAL MEETING RESULTS.

International Montoro Resources Inc. held its annual general meeting on Wednesday, June 27, 2018.

At the annual general meeting, the shareholders re-elected Gary Musil, Roger Agyagos, Bruce E. Bried, Brent Griffin and Fraser Rieche for the coming year. The scrutineer reported that there were a total of 31 shareholders holding 2,784,206 shares represented in person or by proxy at the meeting. This represents 11.15 per cent of the total 24,957,105 shares issued and outstanding as at the record date.

The results of the meeting include the passed resolutions in the attached table.

Resolution                         Votes for (%)

Fixing the number of directors           99.99%
Election of directors
Gary Musil                               92.42%
Roger Agyagos                            92.42%
Bruce E. Bried                           92.42%
Brent Griffin                            92.42%
Fraser Rieche                            92.42%
Appointment of auditor                  100.00%
Approval of the stock option plan        99.99%

Other resolutions submitted by management to shareholders for consideration were approved as presented, including the ratifying of the company's advance notice policy at 99.99 per cent, as attached to the information circular as Schedule C. In order for the advance notice policy to remain in effect, the advance notice policy must be ratified, confirmed and approved at each subsequent annual general meeting.

At the director meeting following, the directors reappointed Mr. Musil as president/chief executive officer and Mr. Rieche as corporate secretary/chief financial officer for the coming year. The audit committee will be comprise Mr. Musil, Mr. Agyagos and Mr. Bried. The directors also fixed the remuneration to be paid to the auditor for the financial year ended Aug. 31, 2017.

The board of directors would like to thank the company's shareholders for their patience and continued support in these difficult markets throughout the past year.

About International Montoro Resources Inc.

International Montoro is focused on advancing its 100-per-cent-owned Serpent River-Elliot Lake, Northern Ontario, Pecors magnetic anomaly -- a potential nickel/copper/platinum group element discovery. The property comprises 10 mineral claims (115 units), or approximately 1,840 hectares.

In February, 2018, International Montoro received approval for the acquisition of the Duhamel property in Quebec.

In addition, the company jointly owns (with Belmont Resources Inc. (50/50)) its Crackingstone (982 hectares/2,427 acres) and Orbit (11,109 hectares/27,450 acres) uranium properties in the Uranium City district in Northern Saskatchewan and is seeking a joint venture partner to continue development of this advanced property.

We seek Safe Harbor.

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