Golden Cariboo Resources Ltd. press release

InvestorNewsBreaks - Torr Metals Inc. (TSX.V: TMET) Closes First Tranche of $492,310 Private Placement to Advance Filion Gold Project

2024-12-19

CSE - Canadian National Stock Exchange · Gold · Silver · Lead · Zinc · Copper · Molybdenum · Arsenic · Nickel · Antimony · Potash · Lithium · Bismuth · Tungsten · Tellurium · Boron · Mercury · Canada · Financing

InvestorNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Closes First Tranche of $492,310 Private Placement to Advance Filion Gold Project

Torr Metals Inc. (TSX.V: TMET)has completed the first tranche of its non-brokered private placement, raising $492,310 through the issuance of 760,919 flow-through units at $0.12 per unit and 4,010,000 non-flow-through units at $0.10 per unit. The proceeds will support exploration and development at Torr’s 100%-owned Filion Gold Project in northern Ontario, strategically located near the Trans-Canada Highway. CEO Malcolm Dorsey highlighted strong shareholder support and the potential for grassroots discoveries in the historically underexplored gold corridor. The placement includes flow-through shares qualifying under Canadian tax law and non-flow-through shares with attached warrants exercisable at $0.20 until December 2026. Final approval from the TSX Venture Exchange is pending.

To view the full press release, visit https://ibn.fm/fmt8G

About Torr Metals Inc.

Torr Metals is a Vancouver-based mineral exploration company focused on defining and developing the substantial exploration potential of the approximately 240-kilometer Kolos Copper-Gold Project, located within the prolific Quesnel Terrane in central British Columbia. Year-round access is provided by Highway 5, with the project being favorably located 23 kilometers north of the city of Merritt and 286 kilometers by highway from Vancouver, British Columbia. For more information about the company, please visitwww.TorrMetals.com.

NOTE TO INVESTORS: The latest news and updates relating to TMET are available in the company’s newsroom athttps://ibn.fm/TMET

About InvestorWire

InvestorWire(“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio@ IBNthat delivers:(1) access to a vast network of wire solutions via InvestorWireto efficiently and effectively reach a myriad of target markets, demographics and diverse industries;(2) article and editorial syndication to 5,000+ outlets;(3) enhanced press release enhancementto ensure maximum impact;(4) social media distributionvia IBN to millions of social media followers;and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

InvestorWire Los Angeles, CA www.InvestorWire.com 310.299.1717 Office Editor@InvestorWire.com

InvestorWire is powered by IBN