Mega Uranium Announces Further Investments in Toro Energy Ltd. and International Consolidated Uranium Inc.

Mega Uranium Announces Further Investments in Toro Energy Ltd. and International Consolidated Uranium Inc.

Mega Uranium Ltd. is pleased to announce that it has participated in the recently closed equity financings of Toro Energy Limited and International Consolidated Uranium Inc. two publicly-listed issuers engaged in uranium exploration and development activities. Mega’s AUD$1.5M investment in Toro Energy formed part of Toro Energy’s AUD$15M aggregate equity financing, that, together with and subject to completion …

Mega Uranium Ltd. (MGA: TSX) is pleased to announce that it has participated in the recently closed equity financings of Toro Energy Limited (ASX: TOE; “Toro Energy”) and International Consolidated Uranium Inc. (TSXV: CUR; “Consolidated Uranium”), two publicly-listed issuers engaged in uranium exploration and development activities.

Mega’s AUD$1.5M investment in Toro Energy formed part of Toro Energy’s AUD$15M aggregate equity financing, that, together with and subject to completion of its proposed AUD$6.7M debt conversion transaction (which requires shareholder approval), would position Toro Energy as debt-free and well-funded for its ongoing development and […]

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