sur Torq Resources Inc. (CVE:TORQ)
Torq Resources Provides Updates on Drilling, Financing, and Corporate Affairs
Torq Resources Inc. has reported progress in its ongoing drilling campaign at Santa Cecilia. The company successfully completed 4,062.5 meters over five holes, benefiting from favorable weather. Results are anticipated to begin releasing in June 2025.
The company is also nearing the completion of a non-brokered private placement financing. This, alongside a debt settlement and credit facility extension, awaits conditional approval from the TSX Venture Exchange.
In a corporate update, Waldo Cuadra has resigned from his board position for personal reasons but will continue as General Manager, Chile. The board expressed gratitude for his previous contributions and looks forward to his continued leadership at Santa Cecilia.
R. H.
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