2016-10-21 18:25 ET - News Release

Mr. Gary Musil reports

MONTORO ARRANGE SHARES FOR DEBT FOR $49,000

International Montoro Resources Inc. has agreed to issue an aggregate of 980,000 units at a deemed price of five cents per share to one creditor. Each unit is composed of one common share and one two-year warrant entitling the holder thereof to acquire a further share at an exercise price of seven cents per share during the first year and 10 cents per share during the second year.

The shares for debt are subject to regulatory approval and, once issued, a statutory hold period of four months plus one day. The debt is for $49,000 ($48,398.45 in services rendered and $601.55 in interest accrued). The company is not indebted to any other creditors who wish to settle shares for debt at this time.

We seek Safe Harbor.