Torq Files Preliminary Short Form Base Shelf Prospectus
TSX.V: TORQ | OTCQX: TRBMF 600 – 1199 West Hastings Street, Vancouver, BC, Canada V6E 3T5
Torq Files Preliminary Short Form Base Shelf Prospectus
Vancouver, Canada – January 23, 202 3 – Torq Resources Inc. (TSX-V: TORQ , OTCQX: TRBMF) (“Torq” or the
“Company”) announces that it has filed a preliminary short form base shelf prospectus (the “Shelf Prospectus”)
with the securities commissions in each of the provinces and territories of Canada.
The filing of a Shelf Prospectus is intended to provide the Company with financing flexibility to offer prospectus -
qualified securities throughout Canada over the approximately two years from acceptance of the Shelf Prospectus
by applicable securities regulators. Upon a final base shelf prospectus becoming effective, these filings, subject to
securities regulatory requirements, will allow the Company to qualify the distribution of up to C$60,000,000 of
common shares, warrants, subscription receipts, units, debt securities, or any combination thereof, from time to
time over the 25-month period that the Shelf Prospectus remains effective. The specific terms of any actual offering
of securities will be set forth in a shelf prospectus supplement, which will be filed with the applicable Canadian
securities regulatory authorities in connection with any such offering.
Each prospectus supplement will contain specific information concerning, among other matters, the securities to
be issued and the use of proceeds from any such issuance. There is no certainty that any securities will be offered
or sold under the Shelf Prospectus.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities nor shall
there by any sale of securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to
registration or qualifications under the securities laws of such jurisdiction.
A copy of the Shelf Prospectus, and copies of the final base shelf prospectus and any shelf prospectus supplements
that may be filed in the future, can be found under the Company’s SEDAR profile at www.sedar.com.
In addition, the Company is also announcing the grant of incentive stock options, subject to customary stock
exchange approvals, for the purchase of 5,405,000 common shares, of which 4,140,000 were granted to directors
and officers of the Company. The options are exercisable at $0.73 and expire five years from the date of grant.
ON BEHALF OF THE BOARD,
Shawn Wallace
CEO & Chair
For further information on Torq Resources, please contact Natasha Frakes, VP, Communications, at (778) 729-
0500 or [email protected].
TSX.V: TORQ | OTCQX: TRBMF 600 – 1199 West Hastings Street, Vancouver, BC, Canada V6E 3T5
About Torq Resources
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 it s
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. For more
information, visit www.torqresources.com.
Forward Looking Information
This release includes certain statements that may be deemed “forward -looking statements”. Forward -looking information is
information in this release that relates to planning, permitting and executing exploration programs. These statements involve
known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the
Company to be materially different (either positively or negatively) from any future results, performance or achievements
expressed or implied by some of the principal forward-looking statements. See Torq’s Annual Information Form filed November
21, 2022 at ww.sedar.com for disclosure of the risks and uncertainties faced in this business.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.