INTERNATIONAL MONTORO RESOURCES INC. - TSX: IMT

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

NEWS RELEASE

March 4, 2003

ANNUAL GENERAL MEETING

The Company reports that the Annual General Meeting was held on February 28, 2003.

Shareholders re-elected Gary Musil, Roger Agyagos, Bruce E. Bried and Heidi Mader as directors. All other resolutions as presented in the AGM/proxy materials were unanimously approved.

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

The Company wishes to extend sincere thanks to our valued shareholders for your patience, support and commitment to Montoro during the past year.

The main focus in the year 2002 was to raise financing, reduce its current liabilities, acquire a property of merit, and to complete an exploration program which would give significant results to warrant further work. We look forward in 2003 to continue these programs, goals and further acquisitions to enhance the value of your shares.

ON BEHALF OF THE BOARD
Gary Musil, President/Director

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