KELOWNA, Nov 4, 2014 - Toro Resources Corp. (TSX VENTURE:TRK) (the "Company") intends to obtain approval from shareholders to authorize the directors, should they see fit, to proceed with a share consolidation of up to 5 old shares for one new share. The annual and special meeting is scheduled to be held on November 18, 2014 in Vancouver, B.C.
In addition, the Company has entered into an option agreement to acquire a 100% interest in the Taxco property by making cash payments totaling $82,500, issuing 450,000 shares and carrying out exploration expenditures of $400,000 within a period of three years. The Property is subject to a 3% NSR, half of which can be purchased by a cash payment of $250,000. The Company has commissioned a 43-101 report on the gold/silver property which is located in the Nechako Plateau in British Columbia.
Toro Resources Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of gold and copper properties.
Toro Resources Corp. Common Shares are listed on the TSX Venture Exchange under the symbol "TRK".
ON BEHALF OF THE BOARD
Dev Randhawa Chairman & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
KELOWNA, Nov 4, 2014 - Toro Resources Corp. (TSX VENTURE:TRK) (the "Company") intends to obtain approval from shareholders to authorize the directors, should they see fit, to proceed with a share consolidation of up to 5 old shares for one new share. The annual and special meeting is scheduled to be held on November 18, 2014 in Vancouver, B.C.
