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Torian Resources Limited (ASX:TNR) Monger Gold IPO Closed
Torian Resources Limited (ASX:TNR) (BER:CXB) is pleased to advise that the initial public offer (Offer) of Monger Gold Ltd (Monger Gold) has successfully closed twice oversubscribed.

Monger Gold intends to only issue 25,000,000 shares to raise $5,000,000 pursuant to the Offer with the indicative market capitalisation at listing to be $5,600,000.

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.

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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