The TSX Venture Exchange has accepted for filing the company's six-month extension to its loan and credit facility in the amount of $2.8-million from July 11, 2026, to March 16, 2027, that being, six months from the closing of Torq's recent private placement financing. In consideration, the lender will receive 56 million share purchase warrants, where each warrant is exercisable for one common share at a price of five cents per common share until Sept. 16, 2027. The lender's existing 46,666,667 warrants, exercisable at six cents until July 11, 2026, expired unexercised on July 11, 2026.

For further details, please refer to the company's news releases dated Aug. 20, 2026, Sept. 15, 2026, and Oct. 20, 2026