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Torque Metals Plans Major Securities Issue
Company Announcements

Torque Metals Plans Major Securities Issue

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

Torque Metals Limited has announced a new proposal for issuing 7,936,508 ordinary fully paid securities, with a proposed issue date set for September 30, 2024. The release, dated July 9, 2024, details the company’s plan to expand its financial capabilities through a placement or other type of issue. This strategic move is aimed at enhancing the company’s market position and capital structure.

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

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