03:35 PM EST - Toro Oil & Gas Ltd. : announced the closing of the previously announced bought deal private placement and the issuance of an aggregate of 5,094,500 common shares (including 664,500 common shares issued pursuant to the exercise of the option of the Underwriters (as defined herein)) on a flow-through basis in respect of Canadian Exploration Expenses, at a price of $1.13 per Flow-Through Share for total gross proceeds of approximately $5.8 million. Toro Oil & Gas Ltd.
shares V.TOO are trading unchanged at $1.00.
