QualityStocksNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Closes Final Tranche of Oversubscribed Private Placement, Raising $630,560
Torr Metals Inc. (TSX.V: TMET) has completed the final tranche of its oversubscribed non-brokered private placement, bringing total proceeds to $630,560. The company issued 1,382,500 non-flow-through units at $0.10 per unit, generating $138,250 in gross proceeds. CEO Malcolm Dorsey highlighted the funding's role in advancing the Filion Gold Project in northern Ontario, where recent surveys indicate strong discovery potential. Warrants from the offering are exercisable at $0.20 per share until Feb. 5, 2027, with an acceleration clause. The proceeds will support exploration and working capital, pending TSX Venture Exchange approval. To view the full press release, visit https://ibn.fm/dDsJh About Torr…