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Montoro’s Warrant Exercise Incentive Program Expires

Monday, 25 November 2019 08:00 PM

International Montoro Resources Inc.

VANCOUVER, BC / ACCESSWIRE / November 25, 2019 / International Montoro Resources Inc. (TSXV:IMT)(Frankfurt:O4T1), (the "Company").

Warrant Exercise Incentive Program:

Further to the Company's press release dated October 25, 2019, the Company announces that the warrant exercise incentive program (the "Incentive Program") has expired. The conditional approval term approved by the TSX Venture Exchange (the "Exchange") expired on November 18, 2019.

The following warrants will revert to their original expiry date and exercise price:

The Company has 2,155,000 warrants expiring on December 27, 2019 at the exercise price of $0.065 and 2,400,000 warrants expiring on January 5, 2020 at the exercise price of $0.06.

About International Montoro Resources Inc.

International Montoro Resources Inc. is a Canadian based resource company trading on the TSX-V under the symbol "IMT". The Company is systematically exploring its extensive property positions in Ontario (NI-Cu-PGE, and Gold); British Columbia (REE's), Quebec (Ni-Cu-Co, and Titanium, Vanadium, Chromium); and is seeking a joint venture partner to continue development of its advanced exploration - Saskatchewan (Uranium) 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. Forward-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.

SOURCE: International Montoro Resources Inc.

Topic:
Company Update
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