Toro Energy Limited (ASX:TOE) Finalises the Acquisition of Two Key Uranium Tenements within the Wiluna Region

Perth, Oct 7, 2011 AEST (ABN Newswire) - Toro Energy Limited (ASX:TOE) are pleased to announce the execution of comprehensive legal documentation with a group of vendors led by Impact Minerals Ltd (ASX:IPT) and including CITIC Nickel Pty Ltd, Talbot Group Investments Pty Ltd, Spar Resources Pty Ltd, John Rowntree and Teddy Tech Pty Ltd, for the purchase of two exploration tenements, E51/1072 and E51/1075, ("Nowthanna") 50km south of Meekatharra and about 150km west of Toro's Wiluna Uranium Project in Western Australia.

Toro is currently working on a JORC Resource update for the Wiluna Region and it is expected that Nowthanna will constitute a portion of the revised consolidated resource when released this month.

Contact

Greg Hall Toro Energy Limited Tel: +61-8-8132-5600 Email: info@toroenergy.com.au http://www.toroenergy.com.au