Torq Resources Inc
TSXV:TORQView on OTCQB

  • LAST PRICE
    0.0750
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    0.0700/ 32
  • Ask / Lots
    0.0800/ 37
  • Open / Previous Close
    --- / 0.0750
  • Day Range
    ---
  • 52 Week Range
    0.0650
    0.2900
  • Volume
    ---

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  • Oct 18, 2024

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    • 7:01AM ET on Friday Oct 18, 2024 by Accesswire
      Companies Mentioned: TRBMF

      VANCOUVER, BC / ACCESSWIRE / October 18, 2024 / Torq Resources Inc. (TSXV:TORQ)(OTCQB:TRBMF) ("Torq" or the "Company") is pleased to announce that it has entered into an interim loan and facility agreement with an affiliate of Gold Fields Limited ("Gold Fields").Advances up to an aggregate amount of US$1,810,000 currently approximately (CAD$2,492,000) (the "Loan") will be drawn in tranches and will enable Torq to make an underlying option agreement payment of US$600,000 currently approximately (CAD$826,260) required for its Santa Cecilia copper-gold project in Chile and to advance the exploration and development of the project in accordance with programs approved by Gold Fields during the remainder of 2024. The Loan is to be funded in an immediate amount of US$600,000 currently approximately (CAD$826,260) with an additional credit facility allowing Torq to draw-down further amounts to a maximum additional amount of US$1,210,000 currently approximately (CAD$1,666,000) to advance the approved programs ("Facility").

    • 7:01AM ET on Friday Oct 18, 2024 by Dow Jones
      Companies Mentioned: TORQ

      VANCOUVER, BC / ACCESSWIRE / October 18, 2024 / Torq Resources Inc. (TSXV:TORQ)(OTCQB:TRBMF) ("Torq" or the "Company") is pleased to announce that it has entered into an interim loan and facility agreement with an affiliate of Gold Fields Limited ("Gold Fields").Advances up to an aggregate amount of US$1,810,000 currently approximately (CAD$2,492,000) (the "Loan") will be drawn in tranches and will enable Torq to make an underlying option agreement payment of US$600,000 currently approximately (CAD$826,260) required for its Santa Cecilia copper-gold project in Chile and to advance the exploration and development of the project in accordance with programs approved by Gold Fields during the remainder of 2024. The Loan is to be funded in an immediate amount of US$600,000 currently approximately (CAD$826,260) with an additional credit facility allowing Torq to draw-down further amounts to a maximum additional amount of US$1,210,000 currently approximately (CAD$1,666,000) to advance the approved programs ("Facility").

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