on Torq Resources Inc. (CVE:TORQ)
Torq Resources Inc. Sets Debt Settlement and Announces Corporate Changes
Vancouver, BC-based Torq Resources Inc. has announced agreements to settle approximately $400,000 in debt via units and $110,000 through shares priced at $0.05. This settlement is pending settlement agreements and TSX Venture Exchange approval, with completion targeted for September 2026, aligning with a prior financing initiative.
The company reports the resignation of director Marie-Hélène Turgeon, effective immediately. CEO Shawn Wallace expressed gratitude for her five-year service. Additionally, Torq has ended its investor relations agreement with Kin Communications, effective July 31, 2026.
These announcements reflect ongoing strategic adjustments within Torq Resources as it continues its focus on copper and gold exploration in Chile.
R. P.
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