Montero Appoints Jamie Levy to Board of Directors and Grants Stock Options

Toronto, Ontario – 15 May, 2018 – Montero Mining and Exploration Ltd. (TSX-V: MON) has appointed Jamie Levy to the Corporation’s Board of Directors and granted incentive stock options to the Board of Directors, Management and consultants.

Jamie Levy has over 10 years of experience in the mining industry and an exceptional track record for raising capital and managing listed Canadian companies. Most recently, Jamie was the President and CEO of Pine Point Mining and has held various positions in Canadian listed companies and financial institutions.

Dr. Tony Harwood, President and Chief Executive Officer of Montero commented, “We are delighted to have Jamie join Montero’s Board of Directors. Jamie’s previous experience in raising capital to develop projects and companies in Canada will add significant value to build Montero as a new battery metals lithium company.”

The addition of Jamie Levy to the Board of Directors increases the number of the Company’s directors to 5 and achieves the objective of strengthening the Board’s overall calibre, diversity and skill set.

Subject to regulatory approval, Montero has granted 1,752,000 Stock Options to the Board of Directors, Management and consultants pursuant to the Corporation’s incentive Stock Option Plan.

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