United States

Securities and Exchange Commission

Washington, D.C. 20549

 

FORM 8-K

 

Current Report

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): April 1, 2008

 

Toro Ventures Inc.

(Exact name of registrant as specified in its charter)

 

Nevada 000-51974 N/A
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
     

 

Suite 106 - 2820 Elliot Ave.

Seattle, WA

98121

(Address of principal executive offices with zip code)

 

202.686.1757

(Registrant's telephone number, including area code)

N/A

(Former name or address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ] Written communications pursuant to Rule 452 under the Securities Act (17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.14e-4(c))

_______________________________________________________________________________________________________________________________________________

Item 1.01: Entry into a Material Definitive Agreement.

On April 1, 2008, Toro Ventures, Inc. has entered into a turnkey agreement with Nitro Petroleum, Inc. The Turnkey agreement provides that Toro has acquired a 60% working interest in the Crown Oil and Gas leases in Pottowatomie County, Oklahoma. In consideration of the 60% working interest in the Crown Oil and Gas leases, Toro Ventures Inc. made a payment of $250,000 to Nitro Petroleum, Inc.

Item 9.01: Financial Statements and Exhibits

Exhibits:

10.1    Turnkey Agreement between Toro Ventures Inc. and Nitro Petroleum, Inc.

99.1    Press release dated April 2, 2008

.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Registrant: Toro Ventures Inc.

Signed: /s/ Frederick Graham

Name: Frederick Graham

Title: President and Chief Executive Officer

Date: April 4, 2008