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Torque Metals Plans New Share Issuance
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Torque Metals Plans New Share Issuance

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.

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