Toro Energy Limited (ASX:TOE) Quarterly Activities and Cashflow Reports
Toro Energy Limited (ASX:TOE) announce the Quarterly Activities and Cashflow Reports with the following highlights
Toro Energy Limited (ASX:TOE) announce the Quarterly Activities and Cashflow Reports with the following highlights
Dear fellow Toro Energy (ASX:TOE) shareholder, As the 2012-2013 financial year has closed, I take this opportunity to update you on Toro's progress with the Wiluna Uranium Project, the growing confidence we see in the Australian and global uranium market, and our plans for your Company for the new financial year.
WA-focused uranium developer, Toro Energy Limited (ASX:TOE), is pleased to announce that it has received A$4 million from the drawdown of Tranche 2 of a A$12 million convertible debt facility ("Facility") with Macquarie Bank.
Toro Energy Limited (ASX:TOE) is pleased to advise that there have been no Federal Court appeals against the decision of the Federal Minister for Sustainability, Environment, Water, Population and Communities, the Hon Tony Burke, to approve the Company's proposed Wiluna Uranium mine in Western Australia.
Uranium developer, Toro Energy Limited (ASX:TOE) (OTCMKTS:TOEYF) is pleased to announce the Company has signed a binding Heads of Agreement ("HoA") with Rum Jungle Resources Ltd (ASX:RUM) in which Rum will farm into Toro's rights for potash and related evaporite minerals over Lake Mackay, on the Northern Territory-Western Australia border.
Rum Jungle Resources Ltd (ASX:RUM) is pleased to announce that it has signed a binding Heads of Agreement with Toro Energy Ltd (ASX:TOE) to explore for potash and related evaporate minerals contained within lake brines on the southern section of the vast area of Lake Mackay in W.A. The four Exploration Licenses (E80/3484, E80/3485, E80/3486 and E80/3519) cover over 400 square kilometres of lake surface.
Toro Energy Limited (Toro) (ASX:TOE) has commenced its 2013 extensive infill drilling program at the Company's wholly owned Wiluna Uranium Project, based near Wiluna in Western Australia. The schedule is focused on three of the five deposits within the Wiluna Project regional resource: Lake Way, Millipede and Dawson Hinkler.