Torrent Capital Ltd., (TSXV: TORR),
("Torrent") announces it has acquired an additional 4,955 Solana
(SOL) tokens since January 6, 2025, when it announced the creation
of a cryptocurrency portfolio and initial SOL purchases. As of
February 10, 2025, Torrent held a total of 6,955 SOL, which are
generating a yield from staking rewards.
Torrent plans to increase its investment and participation in
the Solana ecosystem by accumulating SOL tokens and staking them to
earn rewards.
About Torrent Capital Ltd.
Torrent Capital is a publicly traded
Investment Issuer that actively manages a portfolio of public
equities, cryptocurrencies, and private investments. The Company
invests in companies that are due to experience accelerated growth
or are trading at a discount to their intrinsic value. Torrent
offers investors the potential to earn above-market returns while
providing transparency, daily liquidity and a modest fee profile
compared with competing investment products.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This
press release includes certain "forward-looking statements" under
applicable Canadian securities legislation. Forward-looking
statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable, are subject to known
and unknown risks, uncertainties, and other factors which may cause
the actual results and future events to differ materially from
those expressed or implied by such forward-looking statements.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements. Torrent disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise, except as required by
law. The reader is referred the Company's annual financial
reporting for a discussion of risks and uncertainties.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
