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Last updated on April 21, 2014 at 10:19 EDT

Toron Inc. announces the completion of the transfer of 30 claims to the company

July 25, 2012

MONTREAL, July 25, 2012 /PRNewswire/ – Toron Inc. (OTCBB:TRON) – (The Company), is very pleased to announce that it has successfully completed the
transfer of  30 Tiblemont claims it purchased on April 16, 2012 in the
Val Dor area of Quebec. The transfer was completed on July 3, 2012.
This transfer of 30 claims is the first part of the 140 claims that
Toron completed on April 16, 2012. The rest of the transfers should be
completed in the near future. These claims are an excellent addition to
the Tiblemont Gold Property set of claims. These properties can be
explored in more depth with technically superior techniques that can
identify areas of interest for drilling. Out of the 395 claims, the
Company has now transferred a total of 285 claims encompassing more
than 35,000 acres in this area.

“Toron has continued to examine new properties and is confident that we
will be able to expand our land holdings. This partially completes our
claim transfers in Quebec and we are very excited about our future in
this part of the province”, said Michael Whitehead President of Toron
Inc.

About Us
Toron Inc. (www.toroninc.com) prides itself on being a new mineral exploration company focusing its
attention on projects involving gold and other valuable metals.  Based
in Quebec, one of Canada’s richest mining provinces, Toron Inc., a
Nevada company incorporated a wholly owned subsidiary, Toron Resources
Inc., for the sole purpose of exploring mining projects in Canada, and
specifically, in Quebec and Ontario.

Further information on the Company can be found at www.sec.gov and the company’s website at www.toroninc.com

Safe Harbor Statement

Some statements in this news release contain forward-looking information
or forward-looking statements for the purposes of applicable securities
laws.  These statements include, but are not limited to, statements
with respect to exploration and commercialization of the company’s
claims. These statements address future events and conditions and, as
such, involve known and unknown risks, uncertainties and other factors,
which may cause the actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the statements. Such factors
include, among others, the timing and completion of contemplated
financings, the actual use of proceeds, receipt of regulatory approvals
and the timing and success of future exploration development and
production activities. In making the forward-looking statements, the
Company has applied several material assumptions including, but not
limited to, the assumptions that: (1) the proposed exploration and
development of its mineral projects will proceed as planned; (2) market
fundamentals will result in sustained metals and minerals prices and
(3) any additional financing needed will be available on reasonable
terms. The Company expressly disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result of
new information, future events or otherwise except as otherwise
required by applicable securities legislation. These statements are
based on our current plans and expectations and involve risks and
uncertainties that could cause actual future events or results to be
different than those described in or implied by such forward-looking
statements. These risks and uncertainties include those relating to:
lack of operating history, transitioning from a development company to
an operating company, difficulties in distinguishing Toron Inc.
resources and ability to mine Toron Inc. resources, market acceptance
of our products and services; operational difficulties relating to
combining acquired companies and businesses; our ability to form and
maintain mutually beneficial relationships with customers and strategic
partners; changes in economic, political or regulatory conditions or
other trends affecting the mining sectors, and our ability to attract
and retain qualified personnel. Further information about these matters
can be found in our Securities and Exchange Commission filings. We
expressly disclaim any intent or obligation to update these
forward-looking statements.
 

Holybank Communications Ltd.
Tel: 1-877-617-6623
Email: info@toroninc.com

SOURCE Toron Inc.


Source: PR Newswire