Torque Energy Inc.
TSX VENTURE : TQE

Torque Energy Inc.

October 28, 2005 15:44 ET

Torque Energy Inc.: Press Release

LONDON, ONTARIO--(CCNMatthews - Oct. 28, 2005) - Torque Energy Inc. (TSX VENTURE:TQE) has filed with Canadian securities authorities its unaudited financial statements and related Management's Discussion and Analysis for the period ending August 31, 2005. The Company realized a profit of $163,406 ($0.01 per share) for the three months ended August 31, 2005 and $154,956 ($0.01 per share) for the year-to-date. General and administrative costs decreased to $105,327 for the period from $127,098 over the same period in 2004. Bank indebtedness decreased from $3,080,000 for the year ending November 30, 2004 to $2,450,000 for the third quarter period ending August 31, 2005.

Copies of the filed documents may be accessed electronically through www.sedar.com.

Contact Information

  • Torque Energy Inc.
    John K. Thomson
    General Manager
    (519) 433-7710
    or
    Torque Energy Inc.
    Brian E. Bayley
    President
    (604) 689-1428