| Toro Welcomes Foreign Investment Review Board Approval of The Sentient Group Transaction | |
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WA-focused uranium developer, Toro Energy Limited (ASX: TOE), has welcomed the notification by the Australian Government's Foreign Investment Review Board (FIRB) that they have no objections to the investment by The Sentient Group into Toro as defined under the SSSA and Unitisation Deed dated 31 October and 3 November respectively.
Settlement of the Sentient transaction will take place following Toro's shareholder meeting scheduled for 22 December 2014.1
MEDIA CONTACT:
Vanessa Guthrie, Toro Energy - 08 9214 2100
Kevin Skinner, Field Public Relations - 08 8234 9555 / 0414 822 631
1. Refer ASX announcement 3 November 2014 for further details.
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Toro Energy Limited
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DEVELOPMENT STAGE |
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CODE : TOE.AX |
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ISIN : AU000000TOE6 |
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Toro Energy is a gold producing company based in Australia. Toro Energy develops gold, aluminum, phosphate, silica and uranium in Australia, and holds various exploration projects in Australia and in Morocco. Its main asset in production is LAKE WAY in Australia, its main asset in development is WILUNA in Australia and its main exploration properties are RADIUM HILL, LAKE MACKAY PROJECT, MT WOODS, COOBER PEDY, NONNING, ROXBY–ACROPOLIS, LAKE FROME, AMADEUS PROJECT, REYNOLDS RANGE, TANAMI, NAPPERBY and CENTIPEDE in Australia, GAWIB WEST, TUMAS NORTH and CHUNGOCHOAB in Namibia and HAUTE MOULOUYA in Morocco. Toro Energy is listed in Australia, in Germany and in United States of America. Its market capitalisation is AU$ 963.9 millions as of today (US$ 695.6 millions, € 609.4 millions). Its stock quote reached its lowest recent point on April 03, 2020 at AU$ 0.00, and its highest recent level on March 12, 2021 at AU$ 2.40. Toro Energy has 2 008 069 888 shares outstanding. |