Uranium mining in Western Australia

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

Retrieved on: 
Friday, June 4, 2021

TORONTO, June 04, 2021 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • TORONTO, June 04, 2021 (GLOBE NEWSWIRE) -- 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 has been a long-time shareholder and supporter of Toro Energy dating back to 2013 and now holds a 12.76% equity interest in the company.
  • Mega also invested an additional CAD$482,000 in Consolidated Uraniums recently completed CAD$9M equity financing.
  • www.toroenergy.com.au
    ABOUT INTERNATIONAL CONSOLIDATED URANIUM INC.
    International Consolidated Uranium Inc. is a Vancouver-based exploration and development company.