OZ cuts stake in Toro

OZ Minerals has reduced its stake in Toro Energy to below 50%, after a recent rights issue boosted the company’s interest in the uranium junior to 51.7%.

OZ cuts stake in Toro OZ cuts stake in Toro OZ cuts stake in Toro OZ cuts stake in Toro OZ cuts stake in Toro

OZ sold 10 million shares at 19c per share to decrease its holding to 49.9% or more than 277 million shares.

The shares were placed to clients of financial firm Taylor Collison.

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