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 Metals Inc.
Torr Metals is a Vancouver-based mineral exploration company focused on defining and developing the substantial exploration potential of the approximately 240-kilometer Kolos Copper-Gold Project, located within the prolific Quesnel Terrane in central British Columbia. Year-round access is provided by Highway 5, with the project being favorably located 23 kilometers north of the city of Merritt and 286 kilometers by highway from Vancouver, British Columbia. For more information about the company, please visit www.TorrMetals.com.
NOTE TO INVESTORS: The latest news and updates relating to TMET are available in the company’s newsroom at https://ibn.fm/TMET
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