06/01/2015 - 11:40

Cahill joins Toro board

06/01/2015 - 11:40

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Former Alinta executive John Cahill has been made an independent non-executive director of Perth-based uranium developer Toro Energy.

New Toro Energy non-executive director John Cahill.

Former Alinta executive John Cahill has been made an independent non-executive director of Perth-based uranium developer Toro Energy.

Mr Cahill, who is also a non-executive director of Emeco Holdings and deputy chairman of Western Power, will take on the role of audit committee chair, effective from today.

He was formerly chief executive officer of Alinta Infrastructure Holdings until it was wholly acquired by energy infrastructure company Alinta, where he became chief financial officer.

“We are pleased to secure the financial and corporate governance skill set that Mr Cahill brings to Toro as we continue to develop our flagship Wiluna uranium project in Western Australia and our broader uranium interests,” Toro chairman Erica Smyth said.

Toro raised over $20 million last year to continue development of its Wiluna mine, located east of Meekatharra, to-date.

It received environmental approvals in mid-2013 and could be the first uranium mine in WA.

Shares in Toro were unchanged at 8.2 cents per share at 11:30am.

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