Toro Energy Limited’s (ASX:TOE) (“the Company” or “Toro”) board of directors (“Board”) advises that Mr. Richard Homsany has been appointed Executive Chairman of the Company effective 1 January 2017 following the resignation of Mr. John Cahill from the Board.
Mr Homsany has been a director of Toro since December 2013 and has a wealth of experience in the resources industry. He has considerable board experience with publicly listed resources companies in Australia and Canada including current roles as Chairman. In addition he is the Chairman of national health insurer Health Insurance Fund of Australia Ltd (“HIF”). Richard is also currently Executive Vice President, Australia for TSX listed Mega Uranium Ltd (“Mega”) directing its Australian operations. Mega is a substantial shareholder of Toro.
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