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 share) to $27.4 million ($1.13 per share) during 2021, representing an increase of 6.6% year over year.Trailing ReturnTorrent Capital
2022-04-18 10:23 AM EDT
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 Q3 2021 Highlights include:Net Asset Value ("NAV") per share of $1.20, this represents a 28% year-over-year ("YoY") increase from a NAV per share of...
2021-11-29 4:31 PM EST
Torrent Capital Achieves Record Year in 2020
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 of $0.60 per share on December 31, 2019. Since Torrent's launch as an investment issuer on June 30, 2017, the Company has achieved...
2021-04-19 9:29 AM EDT
Wade Dawe Early Warning Report
Halifax, Nova Scotia--(Newsfile Corp. - November 27, 2020) - Mr. Wade Dawe, of Halifax NS, announces the acquisition of common shares of Torrent Capital Ltd. (TSXV: TORR) ("Torrent"). On November 27, 2020, Kelligrew Inc., a company owned by Mr. Dawe, acquired 125,000 common shares of Torrent via acquisitions on the open market at an average price of $0.81 per share.As a result of the acquisition, Mr. Dawe and entities he owns hold 5,850,334 common shares of Torrent, representing 24.3%...
2020-11-27 4:00 PM EST
Torrent Capital Grants Options
Halifax, Nova Scotia--(Newsfile Corp. - May 20, 2020) - 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 vest at the rate of 50% on each of the six and twelve month anniversary of the grant date....
2020-05-20 8:46 AM EDT
Wade Dawe Early Warning Report
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 open market at a price of $0.36 per share.As a result of the acquisitions, Mr. Dawe and entities he owns hold 4,744,167 common...
2019-03-18 3:30 PM EDT
Torrent Capital Ltd. Announces Normal Course Issuer Bid
Halifax, Nova Scotia--(Newsfile Corp. - December 17, 2018) - Torrent Capital Ltd. (TSXV: TORR) ("Torrent" or the "Company") announces that the TSX Venture Exchange ("TSX-V") has accepted the Company's notice to implement a normal course issuer bid ("NCIB") to purchase, for cancellation, up to 1,760,833 of its common shares, representing 10% of Torrent's Public Float (calculated in accordance with the rules of the TSX-V), over a twelve month period commencing on December 18, 2018. The NCIB will expire no...
2018-12-17 7:59 AM EST
Torrent Capital Grants Options
Halifax, Nova Scotia--(Newsfile Corp. - December 3, 2018) - 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 exercisable into one common share at a price of $0.42 per share and will vest at the rate of...
2018-12-03 8:00 AM EST
Torrent Unaware of Any Material Change
Halifax, Nova Scotia--(Newsfile Corp. - September 17, 2018) - 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 Company's investment portfolio as at June 30, 2018, can be found in the Company's quarterly financial reporting which was recently filed on Sedar.NEITHER THE...
2018-09-17 9:00 AM EDT