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IsoEnergy Completes Toro Energy Acquisition

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IsoEnergy (ISO.TO) has completed the acquisition of Toro Energy Limited (ASX: TOE), the company said Thursday.

The acquisition was completed through a scheme of arrangement, which became effective on June 16, said the company.

Eligible Toro shareholders received 0.036 of a share of IsoEnergy for each Toro share held on the scheme record date, said IsoEnergy.

Trading of Toro shares on the Australian Securities Exchange (ASX) were suspended on June 16, said the company. Toro Energy is expected to be removed from ASX's official list on or about June 26, added IsoEnergy.

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