14:28:13 EDT Tue 21 May 2024
Enter Symbol
or Name
USA
CA



Torq Resources Inc
Symbol TORQ
Shares Issued 127,896,730
Close 2024-01-17 C$ 0.20
Market Cap C$ 25,579,346
Recent Sedar Documents

Torq Resources prospectus offering

2024-01-17 19:53 ET - Prospectus Approved

Effective Dec. 22, 2023, the company's prospectus supplement to the base shelf prospectus dated Feb. 10, 2023, was filed with and accepted by the TSX Venture Exchange and filed with and receipted by the Securities Commission, pursuant to the provisions of the Securities Act.

The TSX Venture Exchange has been advised that closing occurred on Jan. 4, 2024, for gross proceeds of $4,031,578.

Agents:  Paradigm Capital Inc., Red Cloud Securities Inc. and Beacon Securities Ltd.

Offering:  17,528,600 units (Each unit consists of one share and one warrant. Each warrant entitles the holder to purchase one share at 30 cents for five years from closing.)

Unit price:  23 cents per unit

Warrant exercise price/term:  30 cents per share for five years from closing

Agents' commissions:  $210,327.18 cash and 914,466 non-transferable broker warrants, each exercisable into one share at 23 cents for two years from closing

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