Torch River Announces Close of Private Placement and Drill Programs

Torch River Resources Ltd. (CVE:TCR,FRA:WNF,PINK:TORVF) announced that its recent non-brokered private placement has been completed.

Torch River Resources Ltd. (TSXV:TCR,FRA:WNF,PINK:TORVF) announced that its recent non-brokered private placement has been completed.

The press release is quoted as saying:

The proceeds of the private placement will be used as working capital to fund the work programs on the mineral properties held by Torch.