MONTREAL, April 3, 2012 /CNW Telbec/ - Toron Inc. (OTCBB:TRON)- (The Company) announced today that it will continue with an extensive examination of acquiring additional properties in the Val d'Or area of Quebec, which is the name of the town and in English means the "Valley of Gold. The Val d'Or mining region of Quebec has been an historically gold and mineral rich area; with substantial gold finds throughout. There have been at least 30 million ounces of gold taken out of the region since its first discoveries.
The Company has decided that it would like to build on its presence in the region. This area of the Val d'Or mining region is home to a number of operating gold mines and has seen a recent surge of activity. Toron is actively evaluating different properties and projects with it may pursue. Due to a number of recent technological advances in the arena of mineral exploration, the Company believes that previously overlooked claims may show additional indications for minerals. Toron believes that this mining region is a word class area with excellent fiscal terms, a highly trained work force, and a developed infrastructure.
Michael Whitehead the President of Toron was quoted as saying, "The entire mining region of Val d'Or is being re evaluated on exploration terms and it is a very exciting area to be a part of."
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.
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, the ability to acquire additional claims as well as the potential for mineral deposits at the company's mineral exploration 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.
For further information: