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Torian Resources Limited (ASX:TNR) Monger Gold IPO Update
Torian Resources Limited (ASX:TNR) is pleased to advise that Monger Gold Ltd (Monger Gold) has been granted conditional admission to the Official List of the ASX with respect to its initial public offering (Offer) made under the Company's prospectus dated 16 April 2021 (Prospectus).

Monger Gold is now progressing to satisfaction of the conditions precedent detailed by the ASX and aim to have the conditions satisfied as soon as possible.

The Company is informed that the Offer has been twice oversubscribed, with all future applications to be rejected.

In order to enable several investors to finalise their investment, Monger Gold has today updated on their website that they will be extending the Closing Date of the Offer under Prospectus to Friday, 28 May 2021.

Torian will hold ~10.71% interest in Monger Gold, plus a free carried 20% JV interest in the projects until BFS.

Further information in relation to the Offer can be found at the Monger Gold website:

Peretz Schapiro

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