International Montoro Resources Inc. and Falcon Gold Corp. have secured an exploration crew to begin mobilizing on the Camping Lake property. The Camping Lake property is located along the Pakwash/Longlegged Fault deformation zone and is approximately 20 kilometers south of Great Bear's Dixie Project and 8 kilometers south of BTU Metals Corp's TNT base metals Target. The first phase of the Camping Lake 2020 exploration [...]
International Montoro Resources Inc. Further to the news release dated January 9, 2020. the Company announces that it will close its first tranche of its private placement and issue 5,465,000 units at a price of $0.035 for gross proceeds of $191,275. Each unit will be comprised of one common share in the capital of the Company and one warrant. Each whole warrant will permit the holder to acquire one additional common [...]
International Montoro Resources Inc. Further to our news release of January 9, 2020 the Company has received conditional approval of the discretionary waiver financing, as the proposed subscription price is below the minimum allowed, pursuant to the policies. The Company proposes to proceed with a non brokered private placement of up to $350,000 with 10.0 million units to be issued at $0.035. Each unit will comprise of [...]
International Montoro Resources Inc. As a result of current market conditions the Company is making an application to the TSX Venture Exchange for a waiver to a private placement price as the proposed subscription price is below the minimum allowed, pursuant to the policies. The Company proposes to proceed with a non brokered private placement of up to $350,000 with 10.0 million units to be issued at $0.035. Each unit [...]
International Montoro Resources Inc. has arranged a demand loan for $20,000 from a non-related party. The proceeds of the loan are to be used for working capital. The loan bears interest at 1.5% per month. In consideration for the loan, the Company has also agreed to issue 80,000 bonus common shares, at a deemed price of $0.05 per share. The loan and issuance of bonus shares are subject to regulatory approval, and the [...]
International Montoro Resources Inc. Pecors Anomaly overall dimensions are now 5.7 km x 4.2 km x 2.2km, double previous estimates. Further compilation of the Geotech ZTEM survey data defines high probability massive sulphide targets . Pecors Anomaly Compilation Expands the Area of Interest: Further to our news release of September 10, 2019. Mira Geosciences has completed the compilation of exploration data on the Pecors [...]
International Montoro Resources Inc. , . Warrant Exercise Incentive Program: Further to the Company's press release dated October 25, 2019, the Company announces that the warrant exercise incentive program has expired. The conditional approval term approved by the TSX Venture Exchange expired on November 18, 2019. The following warrants will revert to their original expiry date and exercise price: The Company has [...]
International Montoro Resources Inc. , . Incentive Warrant Exercise Program: Further to the Company's press release dated October 18, 2019, the Company announces that it has received conditional approval to the warrant exercise incentive program . The Company has 2,155,000 warrants expiring on December 27, 2019 at the exercise price of $0.065 and 2,400,000 warrants expiring on January 5, 2020 at the exercise price of [...]
International Montoro Resources Inc. , . Camping Lake - Red Lake Mining District, Northwest Ontario: Montoro is pleased to announce that we have signed a Property Acquisition Agreement with Falcon Gold Corp. to acquire a 51% interest in five claims comprising 109 cell units in the Red Lake mining district in Northwestern Ontario. The claims are contained within the Birch-Uchi-Confederation Lakes greenstone belt which host [...]
International Montoro Resources Inc. , . Incentive Warrant Exercise Program: International Montoro Resources Inc. announces today that it intends to apply for approval of a warrant exercise incentive program with the TSX Venture Exchange . As announced in our news release dated November 14, 2017, the Company completed private placement offerings of 2,155,000 FT Units at $0.055 and 3,900,000 NFT Units at $0.05. Each Unit [...]
International Montoro Resources Inc. . Private Placement Closed for $47,500 Further to our news release of June 11, 2019 and August 15, 2019 the Company has completed and closed the private placement for $950,000 units at a price of $0.05 per Unit for gross proceeds of $47,500. No further subscriptions were received following the 1st tranche. The securities have been issued having a hold period expiring November 26, 2019 [...]
#Nickel the hottest commodity in the world up 80% this year- Goldman Sachs forecasts $11/ lb. this year International Montoro Resources Inc. . Pecors Ni-Cu-PGE Update Further to our news release of March 12, 2019, the Company engaged Mira Geoscience Ltd. in a consultancy agreement for data compilation and software support. Mira, has been compiling data into its Geoscience ANALYST visualization and communication platform [...]
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