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COMMUNIQUÉ DE PRESSE
Torq Raises C$5.3M in Concurrent Offerings
Torq Resources Inc. completed a concurrent public and private offering of equity securities, issuing 23,206,860 units at a price of C$0.23 per unit. Gold Fields increased its ownership of Torq to 15.48% through a concurrent private placement. The proceeds will be used for exploration at Torq's Santa Cecilia gold-copper project in Chile and for general corporate and working capital purposes. Paradigm Capital Inc. and Red Cloud Securities Inc. acted as co-lead agents for the public offering, with Beacon Securities Limited as a member of the syndicate of agents. -
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Torq Amends Prospectus Offering Terms
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Torq Trenches 34 Metres of 0.89 g/t Gold and 0.22% Copper in the Falla 13 Discovery Area at Margarita, Provides Financing and Corporate Updates
Torq Resources Inc. reports successful trenching program at Margarita iron-oxide-copper-gold project in Chile, with significant gold and copper intersections. Financing and corporate updates also provided -
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Torq Announces Marketed Best Efforts Public Offering
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Torq Identifies New Porphyry Targets at the Santa Cecilia Gold-Copper Project
