VANCOUVER, BRITISH COLUMBIA, Jun 04 (MARKET WIRE) —
Toro Resources Corp. (CNSX: TRK) (the “Company”) is pleased to
announce the appointment of Anthony (Tony) Floyd as a director of the
Mr. Floyd obtained his academic credentials in the United Kingdom. First
with a bachelor of science, honours, degree in geology from the
University of Nottingham and then a master of science in mineral
exploration and mining geology from the University of Leicester. He then
emigrated to Canada, in 1973, and worked throughout North America, for a
number of junior and senior mining companies including McIntyre Mines
Ltd., Cypress Resources, Westley Mines Ltd. and the Pezim group of
In 1987, he formed Bridger Resources Inc. Bridger was one of the first
juniors to conduct exploration and development in Chile. In 1990, Bridger
became a high-grade gold producer from its La Pepa project in the
Maricunga district of Chile. In 1993, political change in Peru led Mr.
Floyd to form Inca Pacific Resources Inc. Inca Pacific was amongst the
first wave of explorers in Peru which allowed it to assemble an
impressive portfolio of prospects. In 1999, this came to fruition when a
very significant discovery was made at its Magistral copper/molybdenum
In 2002, Ross Beaty, Anthony Floyd and Robert Pirooz, founded the Lumina
Copper Group (comprising Lumina Copper Corp. and its successor companies:
Regalito Copper Corp., Lumina Resources Corp., Northern Peru Copper Corp.
and Global Copper Corp.) of which: Regalito Copper was acquired by Pan
Pacific Copper Co. Ltd. for approximately $135-million in 2006; Lumina
Resources was acquired by Western Copper Corp. for approximately
$27-million in 2006; Northern Peru Copper was acquired by China Minmetals
Nonferrous Metals Co. Ltd. and Jiangxi Copper Co. Ltd. for approximately
$455-million in January, 2008; and Global Copper was acquired by Teck
Cominco Ltd. for approximately $415-million in August, 2008. Mr. Floyd is
currently chairman of Inca Pacific Resources and director of Aldrin
William Galine, President, stated: “The addition of Tony Floyd to
the Toro board brings the Company tremendous experience and knowledge.
With Mr. Floyd’s participation in the Company, Toro expects to explore
and develop successful projects.”
The Company would also like to announce the resignation of Bernard
Stannus as a director. Mr. Stannus will continue as the Company’s VP of
Exploration. The Company would like to thank Mr. Stannus for his
contribution to the board of directors.
The Company further announces that it has granted 200,000 options with an
exercise price of $0.18 per share to Mr. Floyd in connection with his
appointment to the Company’s board of directors.
ON BEHALF OF THE BOARD:
William Galine, President & Director
Issued Share Capital: 16,848,636
The Canadian National Stock Exchange has in no way passed upon the merits
of the option agreement and has neither approved nor disapproved the
contents of this press release.
Toro Resources Corp.
President and Director
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