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Toro Corp. Announces Results of its 2024 Annual General Meeting of Shareholders

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Toro Corp. (NASDAQ: TORO), an international energy transportation services company, held its 2024 Annual General Meeting of Shareholders on September 6, 2024, in Limassol, Cyprus. The meeting resulted in two key approvals:

1. The re-election of Mr. Petros Zavakopoulos as the Company's Class A Director until the 2027 Annual General Meeting.

2. The appointment of Deloitte Certified Public Accountants S.A. as the Company's independent auditors for the fiscal year 2024.

Toro Corp. currently operates a fleet of five vessels with a total capacity of 0.1 million dwt, consisting of one Handysize tanker and four 5,000 cbm LPG carriers. The company specializes in transporting crude oil, petroleum products, and petrochemical gases worldwide.

Toro Corp. (NASDAQ: TORO), un'azienda internazionale di servizi di trasporto energetico, ha tenuto la sua Assemblea Annuale degli Azionisti 2024 il 6 settembre 2024 a Limassol, Cipro. L'incontro ha portato a due approvazioni chiave:

1. Il ri-elevamento del Sig. Petros Zavakopoulos a Direttore di Classe A della Società fino all'Assemblea Annuale del 2027.

2. La nomina di Deloitte S.p.A. come revisori contabili indipendenti della Società per l'anno fiscale 2024.

Toro Corp. attualmente gestisce una flotta di cinque navi con una capacità totale di 0,1 milioni dwt, composta da un tanker Handysize e quattro portacontainer LPG da 5.000 cbm. L'azienda è specializzata nel trasporto di petrolio greggio, prodotti petroliferi e gas petrochimici in tutto il mondo.

Toro Corp. (NASDAQ: TORO), una empresa internacional de servicios de transporte de energía, celebró su Junta General Anual de Accionistas 2024 el 6 de septiembre de 2024 en Limassol, Chipre. La reunión resultó en dos aprobaciones clave:

1. La reelección del Sr. Petros Zavakopoulos como Director de Clase A de la Compañía hasta la Junta General Anual de 2027.

2. El nombramiento de Deloitte S.A. como auditores independientes de la Compañía para el año fiscal 2024.

Toro Corp. actualmente opera una flota de cinco buques con una capacidad total de 0.1 millones dwt, compuesta por un petrolero Handysize y cuatro transportadores de LPG de 5,000 cbm. La empresa se especializa en el transporte de petróleo crudo, productos petroleros y gases petroquímicos en todo el mundo.

토로 코프(Toro Corp.) (NASDAQ: TORO), 국제 에너지 운송 서비스 회사는 2024년 9월 6일 키프로스 리마솔에서 2024 연례 주주 총회를 개최했습니다. 이번 회의에서는 두 가지 주요 승인이 있었습니다:

1. 페트로스 자바코풀로스(Petros Zavakopoulos) 씨의 2027 연례 총회까지 회사 클래스 A 이사로 재선임하였습니다.

2. 2024 회계연도 동안 회사의 독립 감사인으로 딜로이트 공인 회계법인(Deloitte Certified Public Accountants S.A.)을 임명하였습니다.

토로 코프는 현재 총 용량 0.1 백만 dwt의 선박 5척을 운영하고 있으며, 이는 1척의 핸드사이즈 유조선과 4척의 5,000 cbm LPG 운반선으로 구성되어 있습니다. 이 회사는 전 세계적으로 원유, 석유 제품 및 석유 화학 가스를 운송하는 데 전문화되어 있습니다.

Toro Corp. (NASDAQ: TORO), une entreprise internationale de services de transport d'énergie, a tenu sa réunion générale annuelle des actionnaires 2024 le 6 septembre 2024 à Limassol, Chypre. La réunion a abouti à deux approbations clés :

1. La réélection de M. Petros Zavakopoulos en tant que directeur de la classe A de la société jusqu'à la réunion générale annuelle de 2027.

2. La nomination de Deloitte S.A. en tant qu'auditeurs indépendants de la société pour l'exercice 2024.

Toro Corp. exploite actuellement une flotte de cinq navires d'une capacité totale de 0,1 million dwt, composée d'un tanker Handysize et de quatre transporteurs de GPL de 5 000 cbm. L'entreprise se spécialise dans le transport de pétrole brut, de produits pétroliers et de gaz pétrochimiques dans le monde entier.

Toro Corp. (NASDAQ: TORO), ein internationales Unternehmen für Energietransportdienstleistungen, hielt am 6. September 2024 in Limassol, Zypern, seine Jahreshauptversammlung 2024 ab. Die Versammlung führte zu zwei wichtigen Genehmigungen:

1. Die Wiederwahl von Herrn Petros Zavakopoulos als Class A Direktor des Unternehmens bis zur Jahreshauptversammlung 2027.

2. Die Ernennung von Deloitte Wirtschaftsprüfer GmbH als unabhängige Prüfer des Unternehmens für das Geschäftsjahr 2024.

Toro Corp. betreibt derzeit eine Flotte von fünf Schiffen mit einer Gesamtkapazität von 0,1 Millionen dwt, zu der ein Handysize-Öltanker und vier LPG-Carrier mit 5.000 cbm gehören. Das Unternehmen hat sich auf den Transport von Rohöl, petrochemischen Produkten und petrochemischen Gasen weltweit spezialisiert.

Positive
  • Re-election of Mr. Petros Zavakopoulos as Class A Director, ensuring continuity in leadership
  • Appointment of Deloitte as independent auditors, potentially enhancing financial credibility
  • Diverse fleet composition with tankers and LPG carriers, indicating operational flexibility
Negative
  • None.

LIMASSOL, Cyprus, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) an international energy transportation services company, announces that the Company’s 2024 Annual General Meeting of Shareholders (the “Meeting”) was duly held on September 6, 2024, at 5:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus.

At the Meeting, the following proposals were approved and adopted:

  1. The re-election of Mr. Petros Zavakopoulos to serve as the Company’s Class A Director until the 2027 Annual General Meeting of Shareholders;

  2. The appointment of Deloitte Certified Public Accountants S.A., as the Company’s independent auditors for the fiscal year of 2024.

About Toro Corp.

Toro Corp. is an international energy transportation services company with a fleet of tankers and LPG carriers that carry crude oil, petroleum products and petrochemical gases worldwide. Toro Corp. currently owns a fleet of five vessels with an aggregate capacity of 0.1 million dwt, which consists of one Handysize tanker and four 5,000 cbm LPG carriers.

For more information, please visit the Company’s website at www.torocorp.com. Information on our website does not constitute a part of this press release.

CONTACT DETAILS

For further information please contact:

Petros Panagiotidis
Toro Corp.
Email: ir@torocorp.com


FAQ

What were the key outcomes of Toro Corp's 2024 Annual General Meeting?

The key outcomes were the re-election of Mr. Petros Zavakopoulos as Class A Director until 2027 and the appointment of Deloitte Certified Public Accountants S.A. as independent auditors for fiscal year 2024.

What is the current fleet composition of Toro Corp (TORO)?

Toro Corp's fleet consists of five vessels with a total capacity of 0.1 million dwt, including one Handysize tanker and four 5,000 cbm LPG carriers.

When and where was Toro Corp's 2024 Annual General Meeting held?

Toro Corp's 2024 Annual General Meeting was held on September 6, 2024, at 5:00 p.m. local time in Limassol, Cyprus.

What types of energy transportation services does Toro Corp (TORO) provide?

Toro Corp provides international energy transportation services, carrying crude oil, petroleum products, and petrochemical gases worldwide using its fleet of tankers and LPG carriers.

Toro Corp.

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