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International Montoro Resources Inc (IMT.V)

IMT.V on TSX Venture Exchange

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27 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Montoro Completes 1st Tranche of Private Placement: $68,400
Monday, 14 Mar 2016 02:01pm EDT 

International Montoro Resources Inc:Says further to our news release dated January 22, 2016 the Company has completed the first tranche of the private placement for gross proceeds of $68,400.The Company has issued 2,280,000 units at $0.03 to 6 placees. Each unit will comprise of one share and one transferable share purchase warrant.Each whole warrant will permit the holder to acquire one additional share at a price of $0.06 in the first year and at $0.10 in the second year after closing.The shares and warrants are subject to a four month +1 day hold period expiring July 12, 2016.  Full Article

International Montoro Resources Inc closes 1st tranche of financing
Wednesday, 11 Mar 2015 07:00am EDT 

International Montoro Resources Inc:Completes 1st tranche of its Jan. 19 private placement.Issued 4,055,000 units for gross proceeds of $283,850.Says combined with balance of flow-through financing completed in Dec. 2014, it has initial financing in treasury to commence Serpent River-Pecors drilling project.Says it is continuing to receive subscriptions for a 2nd tranche of private placement for additional funds for Pecors drilling program and working capital.  Full Article

International Montoro Resources Inc secures drilling contractor for Pecors Drill Program
Monday, 19 Jan 2015 06:00am EST 

International Montoro Resources Inc:Secured Orbit Garant Drilling Services Inc of Val D'Or, Quebec for a minimum of 2,000 metres of NQ (1.875" core drilling for the Pecors anomaly drill program.The contract will require one Heliportable drill rig.Montoro has also contracted Heli Explore Inc of Sudbury, Ontario for the transportation of equipment, supplies, drill crew and other support personnel as required. Dan Patrie Exploration Ltd of Massey, Ontario has completed the heli-pad and drill pad cutting for hole #1.  Full Article

International Montoro Resources Inc arranges private placement of up to $560,000
Thursday, 11 Dec 2014 09:00am EST 

International Montoro Resources Inc:Says it is arranging non-brokered private placement of up to 8.0 million units at purchase price of $0.07 per Unit.For aggregate proceeds of up to $560,000.Each Unit will consist of one common share of Montoro and one transferable share purchase warrant.Each whole Warrant will entitle the holder to acquire one Common Share at an exercise price of $0.10 for period of 12 months from closing date of Private Placement and at $0.14 in second year from closing.Company will pay a finder's fee of up to 7.5 pct in cash or warrants.All of the securities issued pursuant to Private Placement will be subject to minimum four-month hold period and subject to TSX Venture Exchange acceptance.  Full Article

International Montoro receives exploration permit approval for serpent river-pecors anomaly project
Wednesday, 19 Nov 2014 07:01am EST 

International Montoro Resources Inc:Says receipt of the exploration permit for its Serpent River - Pecors Anomaly Project.Permit is subject to the requirements of the Mining Act, Ontario Regulation 308/12, the applicable Provincial Standards for Early Exploration, and additional Terms and Conditions in the permit that are specific to this project.Permit is effective for a period of three (3) years.  Full Article

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