Torq Resources Inc (TSE:TORQ) has released an update.
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Torq Resources Inc. has renegotiated the terms of its Margarita Project Option Agreement, pushing back a $1.2 million payment by one year and adjusting future payment and exploration expenditure commitments. This financial restructuring, in tandem with a new joint venture for the Santa Cecilia Project, aims to provide financial relief and enable continued exploration of both projects under challenging market conditions.
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