Torq Resources Inc (TSE:TORQ) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Torq Resources Inc. has announced a private placement aiming to raise up to $2 million by selling units at $0.08 each, with added warrants allowing further share purchase at $0.16. The funds will support general working capital, and the securities come with a four-month hold period in Canada, along with potential cash finder’s fees and finders’ warrants.
For further insights into TSE:TORQ stock, check out TipRanks’ Stock Analysis page.