Torque Metals Ltd. (AU:TOR) has released an update.
Torque Metals Limited has announced a new securities issue slated for 1st October 2024, which includes a proposal to issue a maximum of 19,375,000 unlisted options exercisable at $0.12, expiring 6 months from the date of issue, alongside 38,750,000 ordinary fully paid shares. The announcement, dated 20th September 2024, details the company’s plans to provide the ASX with information for the proposed issue and, if agreed upon, secure a quotation for the securities on a deferred settlement basis.
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