NewsBite

Toro Energy gains Sentient as cornerstone shareholder

Australia’s most advanced uranium developer, Toro Energy, has secured up to $20 million of funding and established a global footprint through a deal with The Sentient Group.

Tess Ingram
Updated

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Australia’s most advanced uranium developer, Toro Energy , has secured up to $20 million of funding and established a global footprint through a deal with The Sentient Group.

In a multifaceted transaction, the global resource investor will inject $10 million of cash into the Perth-based company through a placement, and provide up to $10 million direct funding for studies to advance the development of Toro’s flagship Wiluna project.

Loading...

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Mining

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/mining/toro-energy-gains-sentient-as-cornerstone-shareholder-20141103-11g7lj