Ann: Trading Halt, page-135

Toro Energy Limited (ASX: TOE) - Float & IPO Details

Current share price for TOE : $0.505 0.005 (1%)

Toro Energy Limited (TOE) is a uranium development and exploration company with projects in Western Australia. Toro's tenure in Western Australia is also prospective for gold and base metals. Date, 24 Mar 2006. Issue Price, $0.25. Amount Raised, $18,000,000. Shares ... Primary Resources Limited, 12 Dec 2005, 10 Feb 2006, 8 Mar 2006, $0.20 ...

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Toro Energy Limited (TOE) floated on the Australian Securities Exchange (ASX) on Friday, 24 March 2006. The company opened its first day of trading with a share price of $0.86 which was up 244% from its offer price of $0.25 per share. The first day of trading for Toro Energy Limited on the ASX saw its share price move between a low of $0.71 and a high of $0.89, before closing at $0.81 per share which was 222% above its original offer price of $0.25 per share.

TOE's current share price of $0.51 is a $0.26 or 102% premium to its original offer price of $0.25.

Can’t recall where project originated ?