Torrent Gold to Consolidate Share Capital
TORRENT TO CONSOLIDATE SHARE CAPITAL
Vancouver, British Columbia (June 20, 2025) - Torrent Gold Inc. (CSE: TGLD) (FSE: RV0) (the “Company”) announces that intends to effect a consolidation of its common shares (the “Common Shares”) at a ratio of one (1) post-consolidated Common Share for every ten (10) pre-consolidated Common Shares (the “Consolidation”). The Company currently has 24,825,044 Common Shares outstanding, and following completion of the Consolidation it is expected that the Company will have approximately 2,482,504 Common Shares outstanding.
The Consolidation is intended to make the capital structure of the Company more attractive to potential financing opportunities. The Company will provide further details regarding the Consolidation, along with the effective date, as soon as such details become available. Completion of the Consolidation remains subject to the approval of the Canadian Securities Exchange.
About Torrent Gold Inc.
Torrent Gold is a mineral and natural resources exploration company that leverages its years of combined experience in capital markets, energy development and mining for acquisition and exploration during resource commodity cycles. Torrent currently holds two early-stage gold exploration properties in Nevada and one in Utah which were acquired from Liberty Gold.
ON BEHALF OF THE BOARD OF DIRECTORS
Richard Cindric
President and Chief Executive Officer
FOR FURTHER INFORMATION PLEASE CONTACT:
Richard Cindric
Torrent Gold Inc.
Suite 250 750 West Pender St.
Vancouver, British Columbia V6C 2T7
Telephone: (604) 719-1796
email: [email protected]
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release contains "forward-looking statements" or "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Torrent disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.