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Torrens Mining make their ASX debut

Admin
Jan 10, 2021 Precious Metals News Comments Off on Torrens Mining make their ASX debut



Wallace Refiners has launched its 2021 Outlook, which offers the most comprehensive coverage of precious metals markets in the new year. Trillions of dollars were pumped into financial markets in 2020 and that won’t come without consequences. Economists expect that investors will be Bracing For Inflation in 2021.


(Wallace Refiners) – Torrens Mining (TRN:ASX) has now listed on the ASX exchange this week after rising $10 million to progress its gold and copper exploration in Australia and Papua New Guinea.

The Australian-based firm has gold, copper and cobalt prospects in the Victorian Goldfields and Elizabeth Creek in South Australia, along with a pending exploration license at the Laloki copper-gold project in Papua New Guinea. Torrens raised $10 million through issuing 50 million shares at 20 cents each.

Chairman Bill Bloking stated, “The strong investor interest in Torrens’ IPO and its associated exploration portfolio represents a strong endorsement of our assets and management team and the strength of our core strategy – which is to discover and develop gold and copper deposits in Australia and PNG,”.



Disclaimer: The views expressed in this article are those of the author and may not reflect those of Wallace Precious Metals The author has made every effort to ensure accuracy of information provided; however, neither Wallace Precious Metals nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Wallace Precious Metals and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.



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