Torq Resources Inc. (TSXV:TORQ)(OTCQB:TRBMF) ("Torq" or the "Company") announces that Torq has today filed at www.sedarplus.ca its management information circular ("Circular"), notice of meeting and form of proxy (together, the "Meeting Materials") prepared in connection with Torq's annual and special shareholders Meeting currently scheduled for January 10, 2025.

At the Meeting, Torq will, in addition to the annual election of directors, appointment of auditors and consideration of an equity incentive plan, seek disinterested shareholders' approval for the definitive Santa Cecilia Project earn-in agreements signed with an affiliate of Gold Fields and announced December 2, 2024. These agreements constitute a "related party transaction" under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101") by virtue of Gold Field's current 14.87% shareholding in Torq and are discussed in detail in the Circular.

The Company is aware that, due to the ongoing postal strike in Canada, some shareholders may experience a delay in receiving the Meeting Materials. Shareholders are encouraged to view electronic versions of the Meeting Materials at the Company's website at https://www.torqresources.com/investors/investor-package/ or under the Company's SEDAR+ profile at www.sedarplus.ca. Registered shareholders who wish to vote at the Meeting by proxy may contact Computershare Trust Company at 1-800-565-6253 to obtain their control number and can vote online at www.investorvote.com, or by telephone voting at 1-866-732-8683. Any Shareholder who wishes to receive a paper copy of the Meeting Materials, should contact the Company at Suite 1400, 1199 West Hastings Street, Vancouver, British Columbia, V6E 3T5, Toll-Free 1-800-863-8655 or Tel: 778-729-0500, or by fax: 778-729-0650. Beneficial holders who hold their shares through a broker and have not received information should contact their broker representative for instructions on how to vote. Proxies completed and signed should be forwarded by the voting deadline at 10:00am (PST) on January 8, 2024.

In the event that the current Canadian postal strike makes holding this Meeting on time impossible, Torq will either reschedule it or seek to rely on an exemption under MI 61-101 from having to hold the disinterested vote given the impact of a delay on Torq's financial position. An updating announcement will be made once the strike has ended. Torq may also elect, in lieu of a formal disinterested shareholder vote, to proceed by way of written consents from a majority of disinterested shareholders, all of whom fully support the Gold Fields earn-in.