Torque Metals eyes best day ever on acquiring WA lithium-gold tenements

Torque Metals

05/09/2023 03:39

** Shares of Torque Metals  TOR.AX  rise as much as 168% to
A$0.335 - highest since Oct. 18, 2021
    ** Stock set for biggest pct gain, if gains hold
    ** Co secures options to acquire 14 tenements with 
potential for discovery of gold, lithium and nickel deposits in
Western Australia 
    ** Co also receives commitments to raise A$4 mln ($2.57 mln)
at A$0.12 per share - a 4% discount to its last closing price
    ** Stock reverses YTD losses


($1 = 1.5538 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))