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Torque Metals to Release 4.5 Million Shares from Escrow
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Torque Metals to Release 4.5 Million Shares from Escrow

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Torque Metals Ltd. ( (AU:TOR) ) just unveiled an update.

Torque Metals Ltd. announced that over four million shares will be released from voluntary escrow in January 2025, which were originally issued to Topdrill Pty Ltd as payment for drilling services. This share release could potentially influence the company’s stock liquidity and market dynamics, affecting both its operational strategy and stakeholder interests.

More about Torque Metals Ltd.

Torque Metals Ltd. operates in the mining industry, focusing on exploration and development of mineral resources, with a particular emphasis on gold projects.

YTD Price Performance: 4.00%

Average Trading Volume: 651,687

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$12.73M

For an in-depth examination of TOR stock, go to TipRanks’ Stock Analysis page.

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