Toro Resources Corp.: Annual and Special Meeting
04.11.2014 | Marketwire
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.
Contact
Toro Resources Corp.
Investor Relations: Greg Downey
1-866-979-7022
www.tororesources.com