International Montoro Resources Inc.

International Montoro Resources Inc.

November 16, 2007 13:38 ET

Montoro Engages CHF Investor Relations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2007) - International Montoro Resources Inc. ("Montoro" or "the Company") (TSX VENTURE:IMT) (FRANKFURT:O4T) today announced that it has engaged CHF Investor Relations ("CHF"), Canada's longest established investor relations firm, in a service agreement.

Effective immediately, CHF will provide comprehensive investor relations and market-making services to Montoro for an initial period of twelve months ending November 14, 2008. Thereafter, cancellation by either party requires three months' notice. CHF will be paid a monthly fee of $7,500 plus allowable disbursements. Additionally, subject to regulatory approval and the dictates of the Company's stock option plan, CHF will be granted incentive stock options to purchase 130,000 common shares at the price of $0.40 per share and another 130,000 shares at the price of $0.50 per share, valid for a period of five years.

CHF's niche role is acting as a public company's outsourced, low-cost equivalent to an internal investor relations department. With Canadian offices in Toronto, Calgary and another in Sao Paulo, Brazil, CHF serves an international portfolio of TSX/Venture-listed, and companies seeking to list on the TSX, that operate in a broad range of industries, including mining exploration and producers, oil and gas, telecommunications, high-tech and industrial solutions.

Montoro's President Gary Musil commented, "Our portfolio of Canadian projects is building in value. Having CHF direct our outreach to those in the investment and financial communities should attract more interest to our Company and more support for our advancing projects."

About International Montoro Resources Inc.

International Montoro Resources is focused on the advancement of its 100% optioned Elliot Lake uranium project in northern Ontario and Cup Lake/Donen uranium project in south-central British Columbia. In addition, the Company with Belmont Resources Inc. (50/50) has acquired significant uranium properties located in the Central Mineral Belt Uranium District in Labrador (recently optioned to Crosshair Exploration (TSX VENTURE:CXX) and two claim blocks in the Uranium City District in Northern Saskatchewan (recently optioned the Orbit Lake-11,109 ha block to Ultra Uranium (TSX VENTURE:ULU). Through project generation and additional discoveries, Montoro will provide shareholders with exposure and leverage to the rising global demand for uranium.


Gary Musil, President, CFO and Director

For further information visit the Company's website at and watch the Smartstox interview with President Gary Musil.

The statements used in this News Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's forward-looking statements and expectations.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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