INTERNATIONAL MONTORO RESOURCES INC. - TSX: IMT

#600 - 625 Howe Street, Vancouver, B.C. V6C 2T6
 

NEWS RELEASE

February 25, 2002

CONSOLIDATION & AGM APPROVALS

Further to our news release of January 23, 2002 the Company reports that the Annual General Meeting was held on February 21, 2002.

Shareholders re-elected Gary Musil, Roger Agyagos and Kenneth B. Liebscher as directors as well as newly appointed Bruce Bried.

The shareholders also approved all resolutions put forth including the special resolutions authorizing the board to proceed with the 8 to 1 or 6 to 1 rollback/consolidation and name change as they may deem necessary in order to raise financing in the next few months.

Mr. Gary Musil was reappointed President and Chief Financial Officer and Roger Agyagos as Corporate Secretary.

ON BEHALF OF THE BOARD
Gary Musil, President/Director

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