Toro Resources Corp.
CNSX : TRK

Toro Resources Corp.

March 24, 2011 09:00 ET

Toro Resources Announces Appointment of John S. Watt to the Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 24, 2011) - Toro Resources Corp. (CNSX:TRK) ("Toro") is pleased to announce the appointment of Mr. John S. Watt to the Board of Directors.

Mr. Watt is a Chartered Accountant with over 39 years of business experience, including serving as Chief Financial Officer for other Canadian public junior mining companies with exploration programs in Canada, Latin America and the United States. Mr. Watt has provided financial and tax consulting services to both public and private companies. Mr. Watt earned a B.A. with a Major in Economics in 1970. 

In conjunction with his appointment, Mr. Watt has been granted 200,000 stock options at a price of $0.20 per share, subject to regulatory approval. 

ON BEHALF OF THE BOARD

William Galine, President & Director

This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, uncertainties of resource and reserve estimations, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. Fluctuations in metals prices, availability of financing, and general business conditions are all factors that could cause actual results to vary materially from forward-looking statements.

Issued Share Capital: 23,148,636

The Canadian National Stock Exchange has neither approved nor disapproved the contents of this press release.

Contact Information