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Toro halves debt in $12M deal with shareholder

URANIUM developer Toro Energy is set to cut its debt obligations in half after sealing a deal with major shareholder The Sentient Group.

Andrew Duffy
Toro halves debt in $12M deal with shareholder

Under the deal, Toro will receive new funds that will allow it to repay a $12 million facility with Macquarie. The bulk of the money will be sourced from a $6 million secured interest free loan from...

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