Toro Ventures, Inc. (OTCBB: TORO) today announced the launch of its new corporate Web site, www.toroventuresinc.com, which will provide shareholders with updated information on a regular basis, allowing them to follow the company’s ventures and progress in the oil and natural gas business.
To further the effort to remain transparent to its shareholders, Toro Ventures also announced Catalyst Capital Group, Inc. will now handle its Investor Relations and can be contacted with direct, one-on-one communication through the new Web site.
Toro Ventures recently signed a Letter of Intent with Nitro Petroleum to acquire a 60% working interest in its Crown Lease for $250,000. Previously expected to commence in the second quarter of 2008, Toro now anticipates the work program to begin upon immediate completion of a definitive agreement with Nitro Petroleum.
“Being able to act quickly and aggressively has allowed us to speed the process up on our first oil and gas lease and we are very excited and encouraged that we will be able to act just as fast on other opportunities within the oil and gas sector that present themselves. Also having a full time investor relations expert is key to providing investors and future strategic partners the opportunity to keep up to speed regularly on Toro’s progress,” Frederick Graham, president and CEO of Toro stated in the press release.
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