Details of Trading Halt Request by Torque Metals Limited (ASX: $TOR)

Torque Metals Limited (ASX: $TOR) has requested a trading halt for the quotation of its securities pending an announcement regarding a proposed capital raising. The trading halt will remain in place until the announcement is made, which is expected to be before the commencement of trading on Thursday, 21 March 2024.

Executive Commentary on Trading Halt Request

The Company, Torque Metals Limited, has requested a trading halt in accordance with ASX Listing Rule 17.1. This is to facilitate the forthcoming announcement related to a proposed capital raising. The trading halt is a standard procedure to ensure that all investors have equal access to information. We are committed to keeping the market informed and will release the announcement before the commencement of trading on Thursday, 21 March 2024.

Summary of Trading Halt Request by Torque Metals Limited (ASX: $TOR)

Torque Metals Limited (ASX: $TOR) has requested a trading halt in preparation for an upcoming announcement regarding a proposed capital raising. The trading halt will be in place until the announcement is made, which is expected to be before the commencement of trading on Thursday, 21 March 2024. This action demonstrates the company's commitment to transparency and ensuring equal access to information for all investors. The market can anticipate the announcement and its potential impact on the company's future endeavors.