Torque Metals Ltd. (AU:TOR) has released an update.
Torque Metals Limited has announced a new proposed issue of securities, with a total of 1,329,121 ordinary fully paid shares to be potentially issued on April 9, 2024. This move aims to raise capital through a placement or similar issuance under the ASX Listing Rules, which could enhance the company’s financial flexibility and growth prospects.
For further insights into AU:TOR stock, check out TipRanks’ Stock Analysis page.