News Release: International Montoro Resources Clarifies Boss Power

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Transcript of News Release: International Montoro Resources Clarifies Boss Power

Page 1: News Release:  International Montoro Resources Clarifies Boss Power

#600-625 Howe Street TSX.V: IMT

Vancouver, B.C. V6C 2T6 FRANKFURT : O4T

Ph. (604) 683-6648 OTC: IMTFF.PK

Fax: (604) 683-1350

MONTORO CLARIFIES CLAIMS AGAINST B.C. GOV’T.

May 23, 2012- Vancouver, B.C., Canada - International Montoro Resources Inc. (“Montoro”) (TSX-V: IMT)

wishes to clarify questions received following the Boss Power Corp. (“TSX.V-BPU”) news release of May 18, 2012.

Regarding the Boss Power paragraph which states; ‘The Company (Boss Power) has now gained the support of the

Province to refer the matter of these peripheral mineral claims and all other potential claims that may exist against the

collective Blizzard Uranium Properties to mediation”. International Montoro wishes to clarify that the IMT- Cup Lake

claims adjoining the Blizzard properties to the south are not part of the Boss Power-Province of British Columbia

settlement of October 20, 2011.

Further to our news release of October 21, 2011 International Montoro is still planning to proceed with its own claim

against the Province of B.C. seeking compensation for the expropriation of the Cup Lake/Donen properties east of

Kelowna.

ON BEHALF OF THE BOARD OF DIRECTORS,

“Gary Musil”

Gary Musil, President

CEO/Director

About International Montoro Resources Inc.

Montoro recently acquired a 100% interest in 23 mineral claims prospective for Rare Earth Elements, in 2 separate claim blocks

covering 18,743 acres (7,585 ha) in the new Tacheeda Lake camp; and 3,330 acres (1,348 ha) Carbo area. Montoro also holds a

100% interest in 5,604 acres (2,268 ha , 5 claims – the Chuchinka property) contiguous to and adjoining the Wicheeda, a previously

reported Rare Earth discovery, northeast of Prince George, B.C. Montoro is also focused on advancing its 100% optioned Elliot Lake

uranium/REE project in northern Ontario. In addition the Company will continue the development with Belmont Resources Inc.

(50/50) of its Crackingstone – 2,.427 acres (982 ha) and Orbit –27,450 acres (11,109 ha) uranium properties in the Uranium City

District – Northern Saskatchewan. The Company also holds two claim blocks (50/50 with Belmont) in the Central Mineral Belt in

Labrador. One claim block is located in the historical Letitia Lake-Red Wine rare earth metals camp of west-central Labrador.

For further information contact the Company at 604-683-6648. Also visit the Company website at www.MontoroResources.com and

watch the Smartstox interview with President Gary Musil (www.smartstox.com/interviews/imt).

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements used in this Press Release may contain

forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from

the Companies forward-looking statements and expectations.