By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
Torq Resources Completes Extension of Credit Facility
preview.jpg
VANCOUVER, BC / ACCESS Newswire / June 20, 2025 /Torq Resources Inc. (TSXV:TORQ)(OTCQB:TRBMF) ("Torq" or the "Company") is pleased to announce that, further to its March 24, 2025 news release, it has received regulatory approval for the extension ...
VANCOUVER, BC / ACCESS Newswire / June 20, 2025 / Torq Resources Inc. (TSXV:TORQ)(OTCQB:TRBMF) ("Torq" or the "Company") is pleased to announce that, further to its March 24, 2025 news release, it has received regulatory approval for the extension of its Credit Facility for a further one-year period until July 11, 2026. The Credit Facility in the amount of $2.8 million is extended from July 11, 2025 to July 11, 2026. In consideration the lender will receive 46,666,667 share purchase warrants ("Lender's Warrants"), with each Lender's Warrant exercisable for one common share at the price of $0.06 per common share until July 11, 2026.