Torrent Gold Inc. Announces $300,000 Private Placement Offering
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES
Vancouver, Bri�sh Columbia (September 23, 2025) - Torrent Gold Inc. (CSE: TGLD) (FSE: RV0) (the "Company") is pleased to announce that it intends to complete a non-brokered private placement of up to 1,111,111 units of the Company (the "Units"), at a price of $0.27 per Unit, for aggregate gross proceeds of up to $300,000 (the "Offering"). The Company reserves the right to increase the size of the Offering, subject to Canadian Securi�es Exchange ("CSE") approval.
Each Unit will consist of one common share of the Company (each, a "Share") and one common share purchase warrant of the Company (each, a "Warrant"). Each Warrant is transferable and en�tles the holder thereof to acquire one (1) Share at any �me for a period of one (1) year from the date of issuance at a price of $0.35 per Share.
It is expected that the net proceeds from the Offering will be primarily used for general working capital purposes.
Any securi�es to be issued under the Offering will be subject to a hold period of four months and a day from the closing date of the Offering in accordance with applicable Canadian securi�es laws and such other further restric�ons as may apply under foreign securi�es laws.
The securi�es offered have not been registered under the U.S. Securi�es Act of 1933, as amended, and may not be offered or sold in the United States absent registra�on or an applicable exemp�on from the registra�on requirements. This news release shall not cons�tute an offer to sell or the solicita�on of an offer to buy nor shall there be any sale of the securi�es in any State in which such offer, solicita�on or sale would be unlawful.
About Torrent Gold Inc.
Torrent Gold is a mineral and natural resources explora�on company that leverages its years of combined experience in capital markets and mining for acquisi�on and explora�on during the resource commodity cycles.
ON BEHALF OF THE BOARD OF DIRECTORS
Richard Cindric President and Chief Execu�ve Officer
FOR FURTHER INFORMATION PLEASE CONTACT:
Richard Cindric
Torrent Gold Inc.
Suite 250 750 West Pender St.
Vancouver, Bri�sh 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 INFORAMATION
This news release contains certain "forward-looking informa�on" and "forward-looking statements" within the meaning of Canadian securi�es legisla�on as may be amended from �me to �me, including, without limita�on, statements regarding the comple�on of the Offering and sa�sfac�on of any obliga�ons thereunder and the use of proceeds of the Offering. Forwardlooking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur. Forward-looking statements are based on the beliefs, es�mates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertain�es. Certain material assump�ons regarding such forward-looking statements were made, including without limita�on, that there will be no material adverse change affec�ng the Company or its proper�es; that all required approvals will be obtained, including concession renewals and permi�ng; that poli�cal and legal developments will be consistent with current expecta�ons; that currency and exchange rates will be consistent with current levels; and that there will be no significant disrup�ons affec�ng the Company or its proper�es. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those an�cipated in such statements. Forward-looking statements involve significant known and unknown risks and uncertain�es, which could cause actual results to differ materially from those an�cipated. These risks include, but are not limited to risks associated with execu�ng the Company's objec�ves and strategies, including costs and expenses, as well as those risk factors discussed in the Company's most recently filed management's discussion and analysis, available on www.sedarplus.com. Except as required by the securi�es disclosure laws and regula�ons applicable to the Company, the Company undertakes no obliga�on to update these forwardlooking statements if management's beliefs, es�mates or opinions, or other factors, should change.