INTERNATIONAL MONTORO RESOURCES INC. - TSX: IMT

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

NEWS RELEASE

May 10, 2006

INTERNATIONAL MONTORO CLOSES SASKATCHEWAN & LABRADOR PROPERTY ACQUISITIONS

Further to our news releases dated April 17 & 19 /06 and TSX Venture Exchange approval notices of April 24,2006, International Montoro Resources Inc. (the “Company”) has completed the acquisition of the properties in Saskatchewan and Labrador (50/50) with Belmont Resources Inc. (“BEA”).

The Company has paid the following:

  • Saskatchewan-$5,000 cash (1st yr. payment) and issued 50,000 common treasury shares.
  • Labrador- $7,500 cash (1st yr. payment) and issued 100,000 common treasury shares.
  • All common shares issued will have a four month hold period expiring August 25,2006.

 

ON BEHALF OF THE BOARD
Gary Musil, CFO/Director

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.