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Toro Resources Corp
Symbol C : TRK
Shares Issued 23,448,636
Close 2012-12-18 C$ 0.055
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Toro Resources appoints Downey to board

2012-12-19 16:25 ET - News Release

Mr. William Galine reports

TORO RESOURCES REPORTS ANNUAL MEETING RESULTS

Toro Resources Corp. provided its audited financial statements for the year ended June 30, 2012, at the annual general and special meeting held on Dec. 13, 2012. Shareholders of the company also considered and approved resolutions in favour of the:

  • Re-election of William Galine, Ronald Atlas, Mark Lawson, Anthony Floyd and John Watt as directors of the company;
  • Reappointment of DeVisser Gray, Chartered Accountants, as auditor of the company;
  • Reapproval of the company's stock option plan.

During the meeting, at the closing of nominations of the directors, Mr. Atlas declined his nomination as a director of the company, and subsequently resigned his positions as chief financial officer and secretary of the company in order to pursue other opportunities. The company would like to thank Mr. Atlas for his contribution to the board of directors and the company.

Subsequent to the meeting the duly constituted board of directors appointed Greg Downey to the board of directors and approved the following appointments:

  • President -- Mr. Galine;
  • Chief financial officer -- Mr. Downey.

Mr. Downey has over 25 years of diverse financial experience in the oil and gas, manufacturing, construction, and the public sectors, and has provided business advisory and financial accounting services to many medium- and large-sized organizations.

Mr. Downey earned a diploma in business administration from Southern Alberta Institute of Technology in 1989 and a Certified Management Accountants of British Columbia designation in 1992.

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