International Montoro Resources Inc (CVE:IMT) (OTCPINK:IMTFF) announced Thursday that its board of directors has approved the company's name-change to Marvel Discovery Corp.
The move is subject to the acceptance of the TSX Venture Exchange and the company will also be seeking the exchange’s approval to change its trading symbol to ‘MARV’ upon completion, according to a statement.
While it awaits approval, the company said it will be doing all the necessary documentation associated with the name-change.
READ: International Montoro Resources increases land position at Victoria Lake project in Newfoundland
The company added that the name-change will be done without any share consolidation and shareholders will be informed once approved.
Montoro has been listed on the TSX Venture Exchange, formerly known as the Vancouver Stock Exchange, for more than 25 years and is also listed in Frankfurt.
It describes itself as looking for the next gold, nickel, cobalt, copper, and vanadium deposits in Ontario and Quebec, while also being on the hunt for rare earth elements in British Columbia. Its portfolio also includes the Slip and Victoria Lake gold prospects in Newfoundland.
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