Advanced $1M Placement From RealFin Capital Partners

toro-energyToro Energy Limited (ASX: TOE) is pleased to advise that it has received subscription instructions from RealFin Capital Partners (RealFin) for a further $1M of ordinary shares in Toro Energy ahead of the 28 February 2014 subscription cut-off date.

Consistent with the RealFin Subscription Agreement1 the $1M placement will consist of 14,409,222 shares at $0.0694 per share. RealFin Chief Executive Officer Mr. Steve Doidge stated “we are subscribing earlier because we are seeing our anticipated thesis for an improving Uranium market unfolding quicker than anticipated and that explorers such as Toro are well poised to benefit from an ever improving investment environment.”

Vanessa Guthrie
Managing Director