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The latest announcement is out from Torque Metals Ltd. ( (AU:TOR) ).
Torque Metals Ltd. has announced a proposed issue of up to 249,177,122 ordinary fully paid securities, scheduled for issuance on June 10, 2025. This move is aimed at raising capital to support the company’s operations and growth initiatives, potentially impacting its market positioning by increasing its financial resources and investment capacity.
More about Torque Metals Ltd.
Torque Metals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals in the extraction and production of gold and other valuable minerals, aiming to enhance its market presence through strategic resource development.
Average Trading Volume: 478,623
Technical Sentiment Signal: Hold
Current Market Cap: A$32.36M
See more insights into TOR stock on TipRanks’ Stock Analysis page.