Latest Toro Energy Ltd (TOEYF) Headlines Mega Ura
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Mega Uranium Closes Sale of Lake Maitland Uranium Project to Toro Energy
Marketwire - Tue Nov 19, 10:49AM CST
Mega Uranium Ltd. (TSX: MGA) ("Mega" or the "Company") is pleased to announce that it has closed the previously announced sale of its Lake Maitland Uranium Project ("Lake Maitland") in Western Australia to Toro Energy Limited ("Toro") (ASX: TOE) for 415 million fully paid ordinary shares in the capital of Toro (the "Transaction"), representing approximately 28% of the issued and outstanding shares of Toro.
Mega Uranium to Sell Lake Maitland Uranium Project to Toro Energy
Marketwire - Mon Aug 12, 6:01AM CDT
Mega Uranium Ltd. (TSX: MGA) ("Mega" or the "Company") is pleased to announce that it has entered into a binding term sheet with Toro Energy Limited ("Toro") (ASX: TOE) to sell its Lake Maitland Uranium Project ("Lake Maitland") in Western Australia to Toro for 415 million ordinary shares of Toro (the "Transaction"). Upon completion of the Transaction, Mega will own approximately 28% of the issued and outstanding shares of Toro.