Toro Energy Limited announced the appointment of Mr. Tim Netscher as a Non-Executive Director and Chairman Elect of the Board of Directors effective November 1, 2015. Mr. Netscher replaces Fiona Harris who has elected to retire, effective immediately, from the Board as a Non-Executive Director for personal reasons. Mr. Netscher is a respected professional director with substantial experience in the mineral resources sector.

He is currently Non-Executive Chairman of St Barbara Limited, and a Non-Executive Director of Western Areas Limited, Gold Road Resources Limited and Aquila Resources Limited. Between 2010 and 2013, Mr. Netscher was Managing Director and CEO of Gindalbie Metals Limited. Mr. Netscher is also currently the Non-Executive Chairman of Deep Yellow Limited.