Gold Spot Price $00.00


Appointment of new Chief Financial Officer

September 20, 2018

Toro Gold (“Toro Gold” or “the Company”), is pleased to announce the appointment of Mr Martin Page as Chief Financial Officer of the Company. Following on from the retirement of Mr Gary Townsend,  previously announced on 10th May 2018, Mr Page will commence work on the 8th October 2018.

Mr Townsend will stay with the Company on a reduced hours basis to provide continuity and support over the next twelve months to ensure a smooth transition.

Martin Horgan, Executive Director and Chief Executive Officer, commented: 

I am delighted that Martin has joined our Company at this exciting stage of our growth. He has highly relevant experience in West Africa gold mining and development and is ideally placed to continue the good work completed by Gary Townsend and team over the last 9 years.

We wish Gary all the very best for his retirement and thank him for his hard work and the important part he has played in our current success.

Despite the challenge of having two senior executives named Martin in the Company, we look forward to updating you on our progress over the coming months as we continue to identify and deliver on those opportunities to grow the Company.”



Notes to Editors

Martin Page, Biography

Martin is a qualified Chartered Accounted with over 12 years of post-qualification experience. He qualified with a mid-tier firm and spent his early career in client service, predominantly advising the mining sector.

Prior to joining Toro Gold, Martin served as Chief Financial Officer of the Curzon Group, a privately owned group operating across a number of sectors – including physical commodity trading and management of a number of pre-development African based natural resources assets. Martin oversaw all aspects of the finance function of the Curzon group including reporting, budgets, deal structures and general compliance.

Previously Martin was Head of Finance at Amara Mining plc, a listed gold mining, exploration and development company where he led the group finance team overseeing statutory reporting, fiscal planning and management accounts.



Cautionary Note Regarding Forward Looking Statements

This Press Release may contain statements which constitute “forward-looking”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, and its directors, or officers with respect to the future business activities and operating performance of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions or the negative thereof, as they relate to the Company, or its management, are intended to identify such forward-looking statements.

 Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors.

 Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.  These forward-looking statements speak only as at the date of this press release.  Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


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