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Press Releases

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2023

2023 ·

Port of Argentia, Pattern Energy & Argentia Capital Reach Agreement on Renewable Energy Project

Argentia, NL – June 8, 2023 – Port of Argentia Inc. (“Port”) is pleased to announce that it has reached a binding agreement on commercial terms with Pattern Renewable Holdings Canada 2 ULC (“Pattern Energy”) for a planned renewable energy to green fuels project at Argentia. Argentia Capital Inc. (“ACI”), the Port’s 50/50 partnership with…

2022 ·

Torrent Capital Grants Options & Restricted Share Units

Halifax, Nova Scotia–(Newsfile Corp. – October 28, 2022) – Torrent Capital Ltd. (TSXV: TORR) (the “Company”) is pleased to announce that it has granted 150,000 incentive stock options under the Company’s Stock Option Plan (“Option Plan”) to a director and 100,000 options to consultants. Each option is exercisable into one common share at a price…

Torrent Capital and Port of Argentia Inc. announce the establishment of a joint venture company, Argentia Capital Inc.

2022 ·

Port of Argentia and Torrent Capital Establish Joint Venture focused on Port Infrastructure and Related Business Opportunities at Argentia – September 21, 2022

Argentia, NL September 21, 2022 – Port of Argentia Inc. (“Port of Argentia” or the “Port”) and Torrent Capital Ltd., TSXV:TORR, (“Torrent Capital”) are pleased to announce the establishment of a joint venture company, Argentia Capital Inc. (“ACI”). The new joint venture company will be focused on the construction of port infrastructure, the provision of…

2022 ·

Torrent Capital Grants Options & Restricted Share Units – May 13, 2022

Halifax, Nova Scotia–(Newsfile Corp. – May 13, 2022) – Torrent Capital Ltd. (TSXV: TORR) (the “Company”) is pleased to announce that it has granted 100,000 incentive stock options under the Company’s Stock Option Plan (“Option Plan”) to new directors and 25,000 options to a consultant. Each option is exercisable into one common share at a…

2022 ·

Torrent Capital Ltd. Announces Financial Results for the Year-Ended December 31, 2021

Halifax, Nova Scotia–(Newsfile Corp. – April 18, 2022) – Torrent Capital (TSXV: TORR) (“Torrent” or the “Company”) reports Net Asset Value (“NAV”) increase from $25.5 million ($1.06 per sh re) to $27.4 million ($1.13 per share) during 2021, representing an increase of 6.6% year over year. *6 month period from the date the Company was…

2021 ·

Torrent Capital Reports 28%Year Over Year Nav Growth in Q3 2021 Results and Appoints New Directors

Halifax, Nova Scotia–(Newsfile Corp. – November 29, 2021) – Torrent Capital Ltd. (TSXV: TORR) (“Torrent” or the “Company”) released financial results for the quarter ended September 30, 2021. Additionally, Torrent is pleased to announce the appointment of Mr Wayne Myles and Mr Carl Sheppard to the Company’s Board of Directors, effective November 30th, 2021. Recent…

2021 ·

Wade Dawe News Release Related to Acquisition of Common Shares of Torrent Capital Ltd

HALIFAX September 2, 2021 – Mr. Wade Dawe, of Halifax NS, announces the acquisition of common shares of Torrent Capital Ltd. (“Torrent”) (TORR: TSX-V). On September 1, 2021, Kelligrew Inc., a private corporation controlled by Mr. Dawe, acquired 49,300 common shares of Torrent via acquisitions on the open market at an average price of $1.02…

2021 ·

Torrent Capital Achieves Record Year in 2020 – April 19, 2021

Halifax, Nova Scotia–(Newsfile Corp. – April 19, 2021) – Torrent Capital Ltd. (TSXV: TORR) (“Torrent” or the “Company”) is pleased to report another year of strong growth. The Company released 2020 year-end financial results showing a record Net Asset Value (“NAV”) per share of $1.06. This represents a 76% year-over-year (“YoY”) increase from a NAV…

2020 ·

Wade Dawe – Early Warning Report – November 27, 2020

HALIFAX November 29, 2019 – Mr. Wade Dawe, of Halifax NS, announces the acquisition of common shares of Torrent Capital Ltd. (“Torrent”) (TORR: TSX-V). On November 27, 2019, Kelligrew Inc., a company owned by Mr. Dawe, acquired 40,000 common shares of Torrent via acquisitions on the open market at a price of $0.40 per share.…

2020 ·

Torrent Capital Grant Options – May 20, 2020

May 20, 2020 – Halifax, Canada – Torrent Capital Ltd. (TSXV: TORR) (the “Company”) is pleased to announce that it has granted 460,000 incentive stock options under the Company’s Stock Option Plan (“Option Plan”) to directors and officers. Each option is exercisable into one common share at a price of $0.40 per share and will…

2019 ·

Wade Dawe – Early Warning Report – November 29, 2019

2019 ·

Wade Dawe – Early Warning Report – March 18, 2019

Halifax, Nova Scotia–(Newsfile Corp. – March 18, 2019) – March 18, 2019 – Mr. Wade Dawe, of Halifax NS, announces the acquisition of common shares of Torrent Capital Ltd. (TSXV: TORR) (“Torrent”). On March 15, 2019, Brigus Capital Inc., a company owned by Mr. Dawe, acquired 18,500 common shares of Torrent via acquisitions on the…

2018 ·

Torrent Capital announces normal course issuer bid – December 17, 2018

2018 ·

Torrent Capital Grant Options – December 3, 2018

December 3, 2018 – Halifax, Canada – Torrent Capital Ltd. (TSXV: TORR) (the “Company”) is pleased to announce that it has granted 200,000 incentive stock options under the Company’s Stock Option Plan (“Option Plan”) and 200,000 restricted share units under the Company’s Restricted Share Unit Plan (“RSU Plan”) to directors and officers. Each option is…

2018 ·

Torrent Capital Unaware of Any Material Change – September 17, 2018

September 17, 2018 – Halifax, Canada – At the request of IIROC, Torrent Capital Ltd. (TSXV: TORR) (“Torrent” or the “Company”) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. Torrent is an Investment Issuer and the…

2017 ·

Torrent Capital Grant Options – June 15, 2017

June 15, 2017 – Halifax, Canada – Torrent Capital Ltd. (TSXV: TORR) (the “Company”) is pleased to announce that it has granted 675,000 incentive stock options under the Company’s Stock Option Plan (“Plan”) to officers, directors and a consultant. Officers and Directors were granted 625,000 of these options. Each option is exercisable into one common…

Philip Armstrong Appointed as Chair of Board – May 25, 2017

May 25, 2017 – Halifax, Canada – Torrent Capital Ltd. (TSXV: TORR) (the “Company”) is pleased to report that the Board of Directors has elected Philip Armstrong as Board Chairman. Mr. Armstrong has spent over 40 years in the financial service industry starting his career with Lloyds Bank in the UK. In 1987 Philip was…

2017 ·

Metallum Receives Approval for Change of Business Changes Name to Torrent Capital – February 2, 2017

Halifax, Canada – Metallum Resources Inc. (TSXV:MRV) ( the “Company”) is pleased to report that it has received final approval from the TSX Venture Exchange for its change of business (“COB”) from a Mining Issuer to an Investment Issuer. On a going forward basis, subject to necessary regulatory and shareholder approvals, the Company will focus…

2016 ·

Metallum Receives Conditional Approval for Proposed Change of Business

(Halifax, NS) – Metallum Resources Inc. (TSXV:MRV) (“Metallum” or “Company”) is pleased to report that it has received conditional approval from the TSX Venture Exchange for its change of business (“COB”) from a Mining Issuer to an Investment Issuer. On a going forward basis, subject to necessary regulatory and shareholder approvals, Metallum will focus upon…

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