MONTREAL, March 9, 2012 /PRNewswire/ – Toron Inc. (OTCBB: TRON) – (The Company) is pleased to announce that on February 29 it closed on the purchase of
193 claims in the Val-d’Or area of Quebec. The claims were acquired for
cash payment of $40,000 and the issuance of 8,500,000 common shares of
Toron Inc. With the acquisition of these 193 claims and the already
existing 62 claims, Toron now hold outright ownership over a total of
255 claims which cover 33,894 acres. The company has also contracted to
acquire an additional 140 claims in the area which, if closed, will
bring the total to 295 claims covering an area of 53,547 acres.

The (now-expanded) Tiblemont Gold Property is located in the
southern-east part of the Abitibi Greenstone Belt of the Canadian
Shield’s Superior Province. The properties are located approximately
40 km northeast of the mining centre of Val-d’Or, Quebec. The property
is located mainly in Tiblemont and Senneterre townships, with some
claims in Courville and Pascalis townships.

To the west of, and immediate neighbor to the Tiblemont Gold Property,
is the large mining property (Courville Gold Project) held by Pershimco
Resources Inc. (TSX-V:PRO) (FSE:BIZ). On 28 October 2011 Pershimco
Resources Inc. and Osisko Mining Corporation (T-OSK) announced that
they received final approval from the TSX Venture Exchange in
connection with a previously announced (11 October 2011) option and
joint venture agreement on the Courville Gold Project. Under the terms
of the Agreement Osisko Mining Corporation can earn a 51% interest in
the joint venture by investing $20 million in exploration over a 5-year
period. Pershimco Resources Inc. also grants to Osisko a second option
to earn an additional 19% interest on or before the seventh anniversary
of the Agreement, either by spending an additional $19.0 million
Canadian dollars in exploration expenditures or by funding a
feasibility study

About Us
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.

Further information on the Company can be found at www.sec.gov and the company’s website at www.toroninc.com

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, statements
with respect to the closing of the additional 140 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, please contact:
Holybank Communications Ltd.
Tel: 1-877-617-6623
Email: info@toroninc.com

SOURCE Toron Inc.