Torque Energy Inc.

Torque Energy Inc.

November 18, 2005 16:35 ET

Torque Not Proceeding With Previously Announced Private Placement

LONDON, ONTARIO--(CCNMatthews - Nov. 18, 2005) - Torque Energy Inc. (the "Company")(TSX VENTURE:TQE) - Further to its press release of October 4, 2005, the Company reports that it will not proceed with the previously announced brokered private placement of up to 20,000,000 shares of the Company at $0.10 per share for total proceeds of up to $2,000,000.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Torque Energy Inc.
    John K. Thomson
    General Manager
    (519) 433-7710 or Toll-free: 1-866-484-8230
    (519) 433-7588 (FAX)
    Torque Energy Inc.
    Brian E. Bayley
    (604) 689-1428 or Toll-free: 1-866-484-8230
    1-866-484-8296 (FAX)