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File: IMT.NR Dec.20.17 Oversubscribes Flow Through and Additional WorkingCapital Financings.docx



 #600 -625 Howe Street      Website: www.MontoroResources.com
Vancouver, B.C.  V6C 2T6     E-Mail: gmusil@montororesources.com 
Ph.#604-683-6648;   Fax #604-683-1350                                                                                 
--->    TSX.V: IMT
          Frankfurt: O4T1
          OTC: IMTFF
MONTORO OVER SUBSCRIBES FLOW-THROUGH PRIVATE PLACEMENT FINANCING FOR TOTAL OF $118,525 AND ADDITIONAL NON-FLOW THROUGH
---> FINANCING FOR WORKING CAPITAL & CONTINUED EXPLORATION ON ITS PECORS NI-CU-PGE DISCOVERY
  December 20, 2017 - International Montoro Resources Inc. (TSX-V: IMT) (the "Company"). 
 
Further to our news release of November 14, 2017 whereby the Company announced repricing its flow-through financing fr
--->om $0.07 per Unit to $0.055 per Unit, and raising gross proceeds of up to $77,000 by way of a non-brokered private pla
--->cement of up to 1.4 million units, we are announcing the following additional subscriptions:
Financing (i)
The Company has oversubscribed this flow-through financing and is now expecting to raise gross proceeds of up to $118,
--->525 by way of a non-brokered private placement of up to 2,155,000 units (the "Units") at a price of $0.055 per Unit.  
--->Each Unit will consist of one flow-through common share of the Company and one transferable non flow-through share pur
--->chase warrant (a "Warrant").  Each whole warrant will permit the holder to acquire one additional share of the Company
---> at a price of $0.10 for a period of two (2) years from closing.  
In addition to relying upon other available prospectus exemptions to effect the private placement, a portion of the pr
--->ivate placement is being completed in accordance with the exemption set out in BC Instrument 45-536 (Exemption from pr
--->ospectus requirement for certain distributions through an investment dealer), (the "Investment Dealer Exemption").  Th
--->e Company also confirms there is no material fact or material change related to the Company which has not been general
--->ly disclosed.
The Company may pay commissions of 8% to eligible parties in connection with this financing, payable either in cash an
--->d/or in warrants.  The Common Shares and Warrants are subject to a statutory hold period and the financing is subject 
--->to Exchange acceptance.
The Company intends to use the net proceeds from the private placement for continued exploration on the Serpent River 
--->property in particular the Pecors Ni-Cu-PGE discovery.  The Company is preparing to complete a helicopter-borne ZTEM g
--->eophysical survey of approximately 280 line km at 200m line spacing increasing further information to depth over 2000 
--->metres, which will assist in better targeting the next phase of diamond drilling.
Financing (ii) 
The Company is continuing to receive subscriptions, and therefore is proceeding to raise in a new financing $175,000 b
--->y way of a non-brokered private placement of up to 3,500,000 units (the "Units") at a price of $0.05 per Unit.  Each U
--->nit consists of one common share of the Company and one transferable share purchase warrant (a "Warrant"), similar war
--->rant terms an Financing (i) above. 
The working capital use of proceeds comprises the following (maximum/minimum for the next six months of estimated oper
--->ating expenditures): Consulting fees $6,000/$3,000; Legal and audit $10,000/$6,000; Rent, Office & Miscellaneous $18,0
--->00/$15,000; Regulatory Fees $15,000/$7,500; Salaries & Admin. $30,000/$15,000; Transfer Agent Fees $6,000/$4,000; Trav
--->el & Promotion $7,000/$3,500. Additional funds will be allocated to payment of current liabilities (approx. $50,000), 
--->unallocated $33,000.



About International Montoro Resources Inc.

Montoro is focused on advancing its 100%-owned Serpent River - Elliot Lake, Northern Ontario,  Pecors magnetic anomaly
---> - a potential Ni-Cu-PGE discovery. The southwestern portion of the property has located Uranium/REE mineralization fr
--->om previous drilling in the general area where Rio Algom discovered uranium. The property comprises 10 mineral claims 
--->(115 units), or approximately 1,840 ha

In addition the Company owns jointly with Belmont Resources Inc. (50/50) its Crackingstone (982 ha, 2,427 acres) and O
--->rbit (11,109 ha, 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.

ON BEHALF OF THE BOARD
"Gary Musil"
Gary Musil, 
President/CEO and Director

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forwar
--->d-looking statements consist of statements that are not purely historical, including any statements regarding beliefs,
---> plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that 
--->may cause actual results, performance or developments to differ materially from those contained in the statements.  No
---> assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do
---> occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current
---> views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



File: IMT.NR Dec.20.17 Oversubscribes Flow Through and Additional WorkingCapital Financings.pdf

#600 -625 Howe Street                                                 Website: www.MontoroResources.com

Vancouver, B.C. V6C 2T6                                               E-Mail: gmusil@montororesources.com

Ph.#604-683-6648; Fax #604-683-1350                                                            TSX.V: IMT

                                                                                        Frankfurt: O4T1

                                                                                        OTC: IMTFF

  MONTORO OVER SUBSCRIBES FLOW-THROUGH PRIVATE PLACEMENT FINANCING FOR TOTAL OF
$118,525 AND ADDITIONAL NON-FLOW THROUGH FINANCING FOR WORKING CAPITAL & CONTINUED
                     EXPLORATION ON ITS PECORS NI-CU-PGE DISCOVERY
 December 20, 2017 - International Montoro Resources Inc. (TSX-V: IMT) (the "Company").

Further to our news release of November 14, 2017 whereby the Company announced repricing its flow-through
financing from $0.07 per Unit to $0.055 per Unit, and raising gross proceeds of up to $77,000 by way of a non-
brokered private placement of up to 1.4 million units, we are announcing the following additional subscriptions:

Financing (i)

The Company has oversubscribed this flow-through financing and is now expecting to raise gross proceeds of up
to $118,525 by way of a non-brokered private placement of up to 2,155,000 units (the "Units") at a price of
$0.055 per Unit. Each Unit will consist of one flow-through common share of the Company and one transferable
non flow-through share purchase warrant (a "Warrant"). Each whole warrant will permit the holder to acquire one
additional share of the Company at a price of $0.10 for a period of two (2) years from closing.

In addition to relying upon other available prospectus exemptions to effect the private placement, a portion of the
private placement is being completed in accordance with the exemption set out in BC Instrument 45-536
(Exemption from prospectus requirement for certain distributions through an investment dealer ), (the "Investment
Dealer Exemption"). The Company also confirms there is no material fact or material change related to the
Company which has not been generally disclosed.

The Company may pay commissions of 8% to eligible parties in connection with this financing, payable either in
cash and/or in warrants. The Common Shares and Warrants are subject to a statutory hold period and the
financing is subject to Exchange acceptance.

The Company intends to use the net proceeds from the private placement for continued exploration on the
Serpent River property in particular the Pecors Ni-Cu-PGE discovery. The Company is preparing to complete a
helicopter-borne ZTEM geophysical survey of approximately 280 line km at 200m line spacing increasing further
information to depth over 2000 metres, which will assist in better targeting the next phase of diamond drilling.

Financing (ii)

The Company is continuing to receive subscriptions, and therefore is proceeding to raise in a new financing
$175,000 by way of a non-brokered private placement of up to 3,500,000 units (the "Units") at a price of $0.05
per Unit. Each Unit consists of one common share of the Company and one transferable share purchase warrant
(a "Warrant"), similar warrant terms an Financing (i) above.

The working capital use of proceeds comprises the following (maximum/minimum for the next six months of
estimated operating expenditures): Consulting fees $6,000/$3,000; Legal and audit $10,000/$6,000; Rent, Office &
Miscellaneous $18,000/$15,000; Regulatory Fees $15,000/$7,500; Salaries & Admin. $30,000/$15,000; Transfer
Agent Fees $6,000/$4,000; Travel & Promotion $7,000/$3,500. Additional funds will be allocated to payment of
current liabilities (approx. $50,000), unallocated $33,000.
 About International Montoro Resources Inc.

Montoro is focused on advancing its 100%-owned Serpent River - Elliot Lake, Northern Ontario, Pecors magnetic anomaly 
--->- a potential Ni-Cu-
PGE discovery. The southwestern portion of the property has located Uranium/REE 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 ha

In addition the Company owns jointly with Belmont Resources Inc. (50/50) its Crackingstone (982 ha, 2,427 acres) and O
--->rbit (11,109 ha, 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.

ON BEHALF OF THE BOARD
"Gary Musil"
Gary Musil,
President/CEO and Director

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forwar
--->d-looking statements
consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations 
--->or intentions regarding the
future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developme
--->nts to differ materially
from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-lo
--->oking statements will
occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect 
--->management's current
views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.