MONTORO RESOURCES INC. - TSX: MNQ

#600 - 625 Howe Street, Vancouver, B.C. V6C 2T6
 
January 27, 2003

Montoro Resources inactive status removed

Further to the TSX Venture Exchange bulletins dated Jan. 16, 2001, and Oct. 17, 2002, effective on Jan. 28, 2003, the TSX Venture Exchange advises that the company has completed its reorganization and is no longer deemed inactive as per TSX Venture Exchange Policy 2.6.
The company is classified as a mining (non-oil-and-gas) exploration/development company.
Effective at the opening, Jan. 28, 2003, trading will be reinstated in the securities of the company.

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