Toro to Acquire Mega Uranium’s Lake Maitland Project
Aug. 12, 2013 04:41AM PST
GeographyABC News reported that Toro Energy (ASX:TOE) plans to acquire Mega Uranium’s (TSX:MGA)’s Lake Maitland uranium project, located near their Wiluna project in Western Australia.
As quoted in the ABC report:
ABC News reported that Toro Energy (ASX:TOE) plans to acquire Mega Uranium’s (TSX:MGA)’s Lake Maitland uranium project, located near their Wiluna project in Western Australia.
As quoted in the ABC report:
Under the $37 million deal, Mega Uranium will become a key shareholder of Toro taking a 28 per cent stake in the company and holding two board positions.