Mr. Gary Musil reports

MONTORO CLOSES PRIVATE PLACEMENT OF $115,000

Further to International Montoro Resources Inc.'s news release dated Feb. 6, 2019, and conditional acceptance of the TSX Venture Exchange dated Feb. 15, 2019, the company has completed its private placement of 2.3 million units at a price of five cents per unit for gross proceeds of $115,000. Each unit comprises one common share in the capital of the company and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional share in the capital of the company for a period of 24 months from the closing date at an exercise price of 10 cents.

No finders' fees or brokers' commissions were paid. One insider subscribed for 300,000 units ($15,000).

All securities will be subject to a four-month hold period from the closing date. Closing of the private placement is subject to exchange approval.

The company intends to use the proceeds from the private placement for property payments, exploration on current acquisitions and previously held properties, and working capital.

About International Montoro Resources Inc.

Highlights:

1. In February, 2019, International Montoro entered into acquisition agreements with various vendors to acquire over 3,500 hectares of claims in the Cariboo mining division of British Columbia, with one claim block adjoining the well-known Wicheeda REE (rare earth element) project.
2. International Montoro will continue to focus on advancing its 100-per-cent-owned Serpent River-Elliot Lake, Northern Ontario, Pecors magnetic anomaly -- a potential Ni-Cu-PGE (nickel-copper-platinum-group-element) discovery.
3. In February, 2018, International Montoro received approval for the acquisition of the Duhamel, Que., property.
4. In addition, the company owns jointly with Belmont Resources Inc. (50/50) its Crackingstone (982 hectares, 2,427 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.