middle.news

Torque Metals secures A$25m to accelerate Ritz Gold exploration

10:01am on Thursday 8th of October, 2026 AEDT • Mining
Read Story

Torque Metals secures A$25m to accelerate Ritz Gold exploration

10:01am on Thursday 8th of October, 2026 AEDT
Key Points
  • A$25 million institutional placement at A$0.19 per share
  • Approximately 131.6 million new shares, equal to 21% of existing shares
  • Pro forma cash of about A$32.7 million before transaction costs
  • Funds target Ritz drilling, South Kalgoorlie exploration and DHEM surveys
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Torque Metals (ASX:TOR)
OPEN ARTICLE