Torq Extends Offering Period of $0.08 Financing
Torq Resources (TSX-V:TORQ, OTCQB:TRBMF) has received approval from the TSX Venture Exchange to extend the closing date of its previously announced unit offering to December 13, 2024. The offering, which was initially announced on October 2, 2024, at $0.08 per unit, remains subject to final TSXV approval and receipt of additional subscription agreements from investors.
Torq Resources (TSX-V:TORQ, OTCQB:TRBMF) ha ricevuto l'approvazione dalla TSX Venture Exchange per estendere la data di chiusura della sua offerta di unità precedentemente annunciata a 13 dicembre 2024. L'offerta, annunciata inizialmente il 2 ottobre 2024, a $0,08 per unità, rimane soggetta all'approvazione finale della TSXV e alla ricezione di ulteriori accordi di sottoscrizione da parte degli investitori.
Torq Resources (TSX-V:TORQ, OTCQB:TRBMF) ha recibido la aprobación de la TSX Venture Exchange para extender la fecha de cierre de su oferta de unidades previamente anunciada hasta el 13 de diciembre de 2024. La oferta, que fue anunciada inicialmente el 2 de octubre de 2024, a $0.08 por unidad, sigue sujeta a la aprobación final de la TSXV y a la recepción de acuerdos de suscripción adicionales por parte de los inversores.
Torq Resources (TSX-V:TORQ, OTCQB:TRBMF)는 TSX 벤처 거래소로부터 이전에 발표된 유닛 오퍼링의 마감 날짜를 2024년 12월 13일로 연장할 수 있는 승인을 받았습니다. 이 오퍼링은 2024년 10월 2일에 유닛당 $0.08로 최초 발표되었으며, 최종 TSXV의 승인 및 투자자들로부터의 추가 구독 계약 수령을 조건으로 합니다.
Torq Resources (TSX-V:TORQ, OTCQB:TRBMF) a reçu l'approbation de la TSX Venture Exchange pour prolonger la date de clôture de son offre d'unités précédemment annoncée jusqu'au 13 décembre 2024. L'offre, qui a été initialement annoncée le 2 octobre 2024 à 0,08 $ par unité, reste soumise à l'approbation finale de la TSXV et à la réception d'accords de souscription supplémentaires de la part des investisseurs.
Torq Resources (TSX-V:TORQ, OTCQB:TRBMF) hat die Genehmigung der TSX Venture Exchange erhalten, das Abschlussdatum seines zuvor angekündigten Einheitangebots auf den 13. Dezember 2024 zu verlängern. Das Angebot, das ursprünglich am 2. Oktober 2024 zu einem Preis von $0,08 pro Einheit angekündigt wurde, unterliegt weiterhin der endgültigen Genehmigung der TSXV und dem Erhalt zusätzlicher Zeichnungsvereinbarungen von Investoren.
- None.
- Need to extend offering period suggests potential difficulties in securing sufficient investor interest
- Additional subscription agreements still needed to complete the financing
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VANCOUVER, BC / ACCESSWIRE / November 18, 2024 / Torq Resources Inc. (TSX-V:TORQ)(OTCQB:TRBMF) ("Torq" or the "Company") is pleased to announce the Company has received TSX Venture Exchange (the "TSXV") approval to extend the closing of the Company's offering of units, previously announced on October 2, 2024, to December 13, 2024. Closing is subject to customary conditions including final approval of the TSXV and receipt of additional subscription agreements from investors.
ON BEHALF OF THE BOARD,
Shawn Wallace
CEO & Chair
For further information on Torq Resources, please visit www.torqresources.com or contact the company at (778) 729-0500 or info@torqresources.com.
About Torq Resources
Torq is a Vancouver-based copper and gold exploration company with a portfolio of premium holdings in Chile. The Company is establishing itself as a leader of new exploration in prominent mining belts, guided by responsible, respectful and sustainable practices. The Company was built by a management team with prior success in monetizing exploration assets and its specialized technical team is recognized for their extensive experience working with major mining companies, supported by robust safety standards and technical proficiency. The technical team includes Chile-based geologists with valuable local expertise and a noteworthy track record for major discovery in the country. Torq is committed to operating at the highest standards of applicable environmental, social and governance practices in the pursuit of a landmark discovery. For more information, visit www.torqresources.com.
Forward Looking Information
This release includes certain statements that may be deemed "forward-looking statements". Forward-looking information in this release are statements that relate to closing of the Offering, plans for future exploration programs, which are dependent on raising additional capital. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different (either positively or negatively) from any future results, performance or achievements expressed or implied by some of the principal forward-looking statements. See Torq's Annual Information Form filed April 29, 2024, at www.sedarplus.ca for disclosure of the risks and uncertainties faced in this business.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) assumes any responsibility for the adequacy or accuracy of this release.
SOURCE: Torq Resources Inc.
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