Torq Relinquishes Property Options to Pursue High Impact Opportunities Globally
23 Octubre 2018 - 3:15PM
Torq Resources Inc. (TSX-V: TORQ, “Torq” or the
“Company”) has decided, based upon the scale and risk of
the opportunities, that West Mercur and Newfoundland do not meet
the Company’s strict geological requirements. The projects will no
longer represent a financial obligation for Torq, allowing the
Company to focus on the acquisition of projects that will deliver
the highest shareholder value. Torq is currently reviewing several
opportunities.
A Statement from Michael Kosowan,
President and CEO:
“The Company is well-financed with over $13M in
its treasury. In these opportunistic markets, we are confident in
making more accretive acquisitions that will lead to a world-class
gold discovery.”
On Behalf of the Board,
Michael KosowanPresident and CEO
For further information on Torq
Resources, please contact Natasha Frakes, Manager of
Corporate Communications at (778) 729-0500 or
natasha.frakes@torqresources.com.
About Torq Resources:Torq
Resources Inc. is a junior exploration company with the goal of
establishing a tier-one mineral portfolio. The Company’s management
team has raised over $500M and monetized successes in three
previous exploration companies. Torq is continually reviewing and
acquiring new precious metals targets on the path to discovery.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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