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.
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.
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