The Conversation (0)
October 18, 2023
Toro Energy Limited (ASX: TOE) (‘the Company’ or ‘Toro’) has released its Prospectus announcement.
For the offer of:
(a) up to 211,205,007 options to institutional, sophisticated and professional investors who participated in the placement as announced by the Company on 11 September 2023, exercisable at $0.015 on or before 23 October 2025; and
(b) up to 12,500,000 options, exercisable at $0.015 on or before 23 October 2025 (subject to any required Shareholder or other approvals).
No funds will be raised under the Offers.
Click here for the full ASX Release
This article includes content from Toro Energy, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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