Toro Energy, an Australian uranium development and exploration company, has announced plans to demerge its non-core assets, including nickel, gold, and base metal projects in Western Australia (WA).
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Mega Uranium Ltd. is pleased to announce that it has participated in the recently closed equity financings of Toro Energy Limited and International Consolidated Uranium Inc. two publicly-listed issuers engaged in uranium exploration and development activities. Mega’s AUD$1.5M investment in Toro Energy formed part of Toro Energy’s AUD$15M aggregate equity financing, that, together with and subject to completion .