Director Appointment/Resignation
Adelaide, Oct 25, 2012 AEST (ABN Newswire) - Toro Energy Limited (
ASX:TOE) wishes to advise that due to increasing commitments on other Listed Company Boards, Mr Derek Carter has chosen not to stand for reelection at the Company's Annual General Meeting, to be held on 28 November 2012 and will retire immediately thereafter.
Mr Carter was instrumental in setting up the Company prior to its listing, was a Non-Executive Director when the Company Listed in 2006 and has contributed significantly since that time guiding the Company's transition from junior explorer to project development company. The Board and Staff of Toro Energy thank Mr Carter for this commitment and work, and wish him every success with his future Board and company endeavours.
The Company is currently reviewing the structure and composition of the Board and will inform the market of any decisions in due course.
Contact
Toro Energy Limited
T: +61-8-8132-5600
F: +61-8-8362-6655
WWW: www.toroenergy.com.au
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