Torrent Capital Announces November Portfolio and Net Asset Value (NAV) Update
Halifax, Nova Scotia--(Newsfile Corp. - December 10, 2025) - Torrent Capital Ltd. (TSXV: TORR) ("Torrent" or the "Company") today announced its portfolio and Net Asset Value (NAV) update for November 2025. The results highlight management's disciplined approach to capital management which resulted in the continued strengthening of the company's balance sheet.November Portfolio Performance HighlightsNet Asset Value: NAV remained relatively unchanged from the previous month at $33.3 million ($33.7 million October) or $0.87 per share.Cash Position: Cash and cash equivalents rose...
2025-12-10 7:00 AM EST
Torrent Capital Reports Strong Q3 2025 Financial Results; Announces October Portfolio and Net Asset Value (NAV) Update
Halifax, Nova Scotia--(Newsfile Corp. - November 13, 2025) - Torrent Capital Ltd. (TSXV: TORR) ("Torrent" or the "Company") today announced financial results for the quarter ending September 30, 2025, along with an update on its portfolio performance for October 2025.Q3 2025 Financial Highlights Net Asset Value: $33.5 million or $0.88 per share;Cash Position: $4.3 million in cash at quarter end; Investment Gains: $4.6 million in net gains on investments, equivalent to $0.13 per share;Digital Asset Gains: $1.9 million in net...
2025-11-13 5:00 PM EST
Torrent Capital Announces Disposition of Its Solana Holdings
Halifax, Nova Scotia--(Newsfile Corp. - November 5, 2025) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent" or the "Company") has exited its position in Solana (SOL) through a series of transactions primarily between September 16 and October 16, 2025.The SOL tokens were sold at an average price of $281 CAD, resulting in gross proceeds of approximately $12.4 million CAD and a realized gain of approximately $1.57 million CAD before tax. This exit underscores Torrent's disciplined approach to active portfolio management and...
2025-11-05 7:40 AM EST
Torrent Capital Reports Preliminary Q3 2025 Financial Results and Portfolio Update
Halifax, Nova Scotia--(Newsfile Corp. - October 9, 2025) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent" or the "Company") today announced its preliminary financial results for its third quarter ended September 30, 2025, along with an initial update on portfolio performance. As of September 30, 2025, Torrent reports a Net Asset Value ("NAV") per share of approximately $0.88. All preliminary estimates reported are unaudited and expressed in Canadian Dollars.Preliminary Financial Highlights Total comprehensive income for the quarter was approximately $4.8 million,...
2025-10-09 4:33 PM EDT
Torrent Capital Announces Appointment of New CFO
Halifax, Nova Scotia--(Newsfile Corp. - July 31, 2025) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent") announces it has appointed Eric Thompson as Chief Financial Officer effective August 1, 2025, upon the retirement of Rob Randall. Mr. Randall's retirement comes after a 40-year career including the past nine years as Torrent's CFO. "Rob has been an invaluable partner during Torrent's nine years of growth," said Wade Dawe, Torrent's CEO. "He was instrumental in establishing Torrent as an investment issuer and during...
2025-07-31 4:13 PM EDT
Torrent Capital Grows Its Solana Treasury to 40,039 SOL
Halifax, Nova Scotia--(Newsfile Corp. - April 29, 2025) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent") announces it has acquired an additional 13,657 Solana (SOL) tokens since March 4, 2025, when it provided its previous update on its Solana holdings. As of April 28, 2025, Torrent held a total of 40,039 SOL tokens, which are generating a yield from staking rewards.Torrent plans to increase its investment and participation in the Solana ecosystem by accumulating SOL tokens and staking them to earn...
2025-04-29 8:16 AM EDT
Torrent Capital Provides an Update on Its Solana Holdings
Halifax, Nova Scotia--(Newsfile Corp. - March 4, 2025) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent") announces it has acquired an additional 8,651 Solana (SOL) tokens since February 20, 2025, when it provided its previous update on Solana holdings. As of March 3, 2025, Torrent holds a total of 26,382 SOL tokens, which are generating a yield from staking rewards. Torrent plans to increase its investment and participation in the Solana ecosystem by accumulating SOL tokens and staking them to earn...
2025-03-04 9:20 AM EST
Torrent Capital Grants Options & Restricted Share Units
Halifax, Nova Scotia--(Newsfile Corp. - February 21, 2025) - Torrent Capital Ltd. (TSXV: TORR) (the "Company") is pleased to announce that it has granted 455,000 incentive stock options under the Company's Stock Option Plan ("Option Plan"), of which 295,000 have been granted to Directors and Officers and 160,000 options to consultants. Each option is exercisable into one common share at a price of $0.75 per share and will vest at the rate of 50% on each of...
2025-02-21 8:26 AM EST
Torrent Capital Purchases Additional Solana Tokens
Halifax, Nova Scotia--(Newsfile Corp. - February 20, 2025) - Torrent Capital Ltd., (TSXV: TORR) ("Torrent") announces it has acquired an additional 10,776 Solana (SOL) tokens since February 12, 2025, when it provided its previous update on Solana holdings. As of February 19, 2025, Torrent held a total of 17,731 SOL, which are generating a yield from staking rewards.Torrent plans to increase its investment and participation in the Solana ecosystem by accumulating SOL tokens and staking them to earn rewards. About...
2025-02-20 4:01 PM EST
Torrent Capital Increases its Solana Holdings
Halifax, Nova Scotia--(Newsfile Corp. - February 12, 2025) - Torrent Capital Ltd., (TSXV: TORR) ("Torrent") announces it has acquired an additional 4,955 Solana (SOL) tokens since January 6, 2025, when it announced the creation of a cryptocurrency portfolio and initial SOL purchases. As of February 10, 2025, Torrent held a total of 6,955 SOL, which are generating a yield from staking rewards.Torrent plans to increase its investment and participation in the Solana ecosystem by accumulating SOL tokens and staking them...
2025-02-12 4:02 PM EST
Torrent Capital Announces Closing of $8.75 Million Financing
Halifax, Nova Scotia--(Newsfile Corp. - February 10, 2025) - Torrent Capital Ltd. (TSXV: TORR) (the "Company" or "Torrent") is pleased to announce the closing of its previously announced equity financing of 12,511,057 units (the "Units") at an issue price of $0.70 per Unit for gross proceeds of $8,757,740 (the "Offering"). Wade Dawe, CEO and Board Chair of Torrent, added, "We are pleased to complete this financing with strong insider participation while at the same time expanding Torrent's shareholder base. ...
2025-02-10 4:21 PM EST
Torrent Capital Announces up to $5.0 Million Prospectus Exempt Offering Pursuant to the Listed Issuer Financing Exemption and up to $5.0 Million Concurrent Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - January 23, 2025) - Torrent Capital Ltd. (TSXV: TORR) (the "Company" or "Torrent") is pleased to announce a "best efforts" prospectus exempt offering (the "LIFE Offering") of up to 7,142,857 units (the "Units") of the Company at a price of $0.70 per Unit (the "Issue Price") for gross proceeds of up to $5,000,000, pursuant to the listed issuer financing exemption available under Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106") to purchasers...
2025-01-23 8:09 AM EST
Torrent Capital Initiates a Position in Solana Cryptocurrency
Halifax, Nova Scotia--(Newsfile Corp. - January 6, 2025) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent") announces it has created a cryptocurrency investment portfolio and acquired 2,000 tokens of Solana (SOL) cryptocurrency. The Solana tokens have been staked and are generating yield. The cryptocurrency market has experienced remarkable growth over the past decade, evolving from a niche asset class to a globally recognized financial ecosystem. The total market capitalization of cryptocurrencies surged from under $1 billion in 2013 to around $3.6...
2025-01-06 4:28 PM EST
Torrent Capital Appoints Carl Sheppard as President and Chief Operating Officer
Halifax, Nova Scotia--(Newsfile Corp. - November 8, 2024) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent") is pleased to announce the appointment of Carl Sheppard as President and Chief Operating Officer ("COO"). As President and COO, Mr. Sheppard will lead Torrent's long-term, high-level strategy for business development, collaborating closely with Torrent's Chief Executive Officer ("CEO") Wade Dawe to oversee operations and seek out new investment opportunities. Mr. Sheppard will also focus on expanding Torrent's strategic business consulting services, fostering joint...
2024-11-08 8:15 AM EST
Torrent Capital Update on Investment in Argentia Capital Inc.
Halifax, Nova Scotia--(Newsfile Corp. - March 21, 2024) - Torrent Capital Ltd. (TSXV: TORR) ("Torrent Capital") congratulates Port of Argentia and Hamburg Port Authority on the signing of a Letter of Intent ("LOI") to collaborate on the export and import of green hydrogen from Canada to Germany. The agreement was signed in Hamburg during the Canada-Germany Hydrogen and Ammonia Producer-Offtaker Conference.The conference was being held in support of the Canada-Germany Energy Partnership and Hydrogen Alliance. That Alliance commits...
2024-03-21 4:11 PM EDT
Torrent Capital Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - November 20, 2023) - Torrent Capital Ltd. (TSXV: TORR) ("Torrent") is pleased to provide a corporate update on its 50/50 joint venture company, Argentia Capital Inc. ("ACI") with Port of Argentia Inc. ("POA"), as announced on September 21, 2022, and an update on its Investment Portfolio. Argentia Capital Inc. Through the ACI joint venture, Torrent is investing in developmental projects at the Port of Argentia which will generate opportunities to earn revenue through...
2023-11-20 4:30 PM EST
Port of Argentia, Pattern Energy and Argentia Capital Reach Agreement on Renewable Energy Project
Argentia, Newfoundland--(Newsfile Corp. - June 5, 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 Torrent Capital Ltd., (TSXV: TORR) ("Torrent"), is a signatory to the agreement.Genny Picco, Port Board Chairperson states, "Today, we are announcing an agreement on...
2023-06-05 7:04 AM EDT
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 of $0.85 per share and will vest at the rate of 50% on each of the six and twelve month anniversary of...
2022-10-28 8:33 AM EDT
Port of Argentia and Torrent Capital Establish Joint Venture Focused on Port Infrastructure and Related Business Opportunities at Argentia
Argentia, Newfoundland--(Newsfile Corp. - 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 services and equity ownership in businesses that support aquaculture, renewable energy, and oil and gas sectors, as well as other port...
2022-09-21 8:54 AM EDT
Torrent Capital Grants Options & Restricted Share Units
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 price of $0.95 per share and will vest at the rate of 50% on each of the six and twelve month anniversary...
2022-05-13 8:04 AM EDT