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Mega Uranium Boosts Stake in Toro Energy

Mega Uranium Boosts Stake in Toro Energy

Toro Energy (AU:TOE) has released an update.

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Mega Uranium Ltd and its subsidiary Mega Redport Pty Ltd have increased their stake in Toro Energy Limited, with their voting power rising from 7.67% to 12.66% following an on-market acquisition of 6,000,000 ordinary shares for $1,410,000. This strategic move, executed on September 30, 2024, reflects a significant change in the company’s substantial holding structure.

For further insights into AU:TOE stock, check out TipRanks’ Stock Analysis page.

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