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Torq Resources secures 6-month extension on C$ 2.8 million loan from 191010 Investments Limited

PUBT·08/20/2026 11:00:43
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Torq Resources secures 6-month extension on C$ 2.8 million loan from 191010 Investments Limited
  • Torq Resources arranged a non-brokered private placement to raise at least C$ 1.25 million at C$ 0.05 per unit.
  • Financing is a condition to extend a C$ 2.8 million loan from 191010 Investments by six months from closing.
  • Extension consideration grants the lender 56,000,000 one-year warrants exercisable at C$ 0.05 per share.
  • Units include a share, a three-year warrant exercisable at C$ 0.1; closing targeted for late August 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Torq Resources Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608200700ACCESSWRNAPR_____1209572) on August 20, 2026, and is solely responsible for the information contained therein.