Torque Metals Issues 5 Million Unquoted Shares
Company Announcements

Torque Metals Issues 5 Million Unquoted Shares

Torque Metals Ltd. (AU:TOR) has released an update.

Torque Metals Limited has announced the issuance of 5 million unquoted Performance Shares, set to expire on October 10, 2029. The securities, which are part of a transaction previously disclosed in an Appendix 3B, will not be quoted on the ASX. This strategic move, executed on October 10, 2024, aims to strengthen the company’s financial structure without immediately impacting the stock market.

For further insights into AU:TOR stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App