Thursday, July 25, 2013

Toro raises A$40m for Australian uranium project

October 26, 2009 by · Leave a Comment 

Shareholders of uranium developer Toro Energy have ratified a raft of fundraising measures, delivering the company nearly A$40-million to progress its key uranium projects in Western Australia and the Northern Territory. At a general meeting in Adelaide, shareholders approved three resolutions relating to the placement of more than 266,2-million ordinary shares, to raise a total [...]

Toro raises A$40m for Wiluna uranium project

September 15, 2009 by · Leave a Comment 

Uranium explorer Toro Energy on Tuesday reported that it had raised a total of A$40-million to assist in the development and first production from its key Western Australian uranium project, by 2012. Proceeds from the capital raising would be sufficient to fund all approvals and completion of a bankable feasibility study by 2011 for Toro’s [...]

Cameco, Toro team up to develop Australian uranium project

September 11, 2009 by · Leave a Comment 

Uranium and gold producer Cameco Australia and ASX-listed Toro Energy have entered into a heads of agreement to jointly explore and develop the “highly-prospective” Birrindudu project, in Western Australia. Toro would, in terms of the agreement, be required to drill a minimum of four diamond drill holes and spend a minimum of A$1-million during the [...]