Fundz

Torq Amends Financing Terms

PUBLIC · TRBMFFeb 15, 2022

Round Type

Funding Round

VancouverOtherNatural ResourcesMining

Description

VANCOUVER, BC / February 15, 2022 / Torq Resources Inc. (TSXV:TORQ)(OTCQX:TRBMF) ("Torq" or the "Company") announces that it is has amended the terms of the C$5M non-brokered private placement announced Feb. 1, 2022. The financing security will be a $0.75 unit consisting of a common share and a three-year share purchase warrant, exercisable at $1.10

Quick answer

Torq Resources raised an undisclosed amount in a Funding Round round, dated February 15, 2022. Torq Resources is based in Vancouver, British Columbia, Canada.

How much did Torq Resources raise?
Torq Resources raised an undisclosed amount in a Funding Round round on February 15, 2022.
What does Torq Resources do?
Torq is a Vancouver-based copper and gold exploration company with a portfolio of premium holdings in Chile.
Where is Torq Resources based and how big is it?
Torq Resources is based in Vancouver, British Columbia, Canada. Fundz records about 30 employees.
Who are the decision-makers at Torq Resources?
Fundz holds 2 contacts at Torq Resources, including the Executive Chairman. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Resources and Mining around the same time

Companies in the same sectors as Torq Resources that raised within 45 days of this round, from Fundz verified event records.

  • Kalo Gold raised $165K (Seed) on January 6, 2022.
  • Valmont raised $209M (Funding Round) on March 31, 2022.
  • Star Royalties Ltd raised an undisclosed amount (Corporate Round) on March 31, 2022.
  • Bayhorse Silver Inc. raised $241K (Pre-Seed) on March 31, 2022.
  • Ampco-Pittsburgh raised an undisclosed amount (Funding Round) on March 30, 2022.
  • Urano Energy raised $166K (Pre-Seed) on March 30, 2022.

Who to call at Torq Resources, and when

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Company Information

Company

Torq Resources

Location

Vancouver, British Columbia, Canada

About

Torq is a Vancouver-based copper and gold exploration company with a portfolio of premium holdings in Chile. The Company is establishing itself as a leader of new exploration in prominent mining belts, guided by responsible, respectful and sustainable practices. The Company was built by a management team with prior success in monetizing exploration assets and its specialized technical team is recognized for their extensive experience working with major mining companies, supported by robust safety standards and technical proficiency. The technical team includes Chile-based geologists with invaluable local expertise and a noteworthy track record for major discovery in the country. Torq is committed to operating at the highest standards of applicable environmental, social and governance practices in the pursuit of a landmark discovery.

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Related People

2 contacts
Verified contactsShawn W., Executive ChairmanSee plans and pricing
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Torq Resources raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.