Toron, Inc. (OTCBB: TRON) entered into a definitive agreement to acquire 193 mineral claims located in the Province of Quebec from Stephane Leblanc and Glenn Griesbach for CAD 1.2 million in cash and stock on January 25, 2012. As a part of the consideration, Toron will pay CAD 0.02 million in cash on January 31, 2012 and CAD 0.03 million in cash and 8.5 million shares of its common stock on February 29, 2012. The transaction is expected to be closed five days after the receipt of full and final payment. Laurin Duhaime Avocat acted as legal advisor in the transaction.