Toro Energy (TOE) has received firm commitments to undertake a $15 million placementAll up, 652.1 million fully paid ordinary shares will be issued to institutional, sophisticated and professional investors at 2.3 centsThis price represents a 20.7-per-cent discount to Toro's last close of 2.9 cents on May 20Toro will use the funds to advance the Wiluna Uranium Project and undertake exploration at the Dusty Nickel and Yandal Gold and Base Metal projectsThe company has also entered an agreement to repay roughly $15.6 million to its largest shareholder, Sentient ExecutiveThis will be done through the conversion of shares and using some proceeds from the placementShares in Toro have dropped 13.8 per cent and are trading at 2.5 cents
MARKET HERALD 21/05/2021
Toro Energy (TOE) has received firm commitments to undertake a...
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Last
47.5¢ |
Change
0.030(6.74%) |
Mkt cap ! $57.13M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.5¢ | 44.5¢ | $97.59K | 211.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1772 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 9999 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
45.0¢ |
Change
0.030 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| 46.5¢ | 46.5¢ | 44.5¢ | 105528 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| TOE (ASX) Chart |