Torrential Energy Ltd.

Torrential Energy Ltd.

December 05, 2006 16:10 ET

Torrential Energy Ltd. Announces Completion of Initial Public Offering

CALGARY, ALBERTA--(CCNMatthews - Dec. 5, 2006) - Torrential Energy Ltd. ("Torrential") is pleased to announce that it has successfully completed its initial public offering through Research Capital Corporation of 1,250,000 common shares at a price of $0.20 per share for aggregate gross proceeds of $250,000. Torrential has received conditional listing approval for its common shares on the TSX Venture Exchange and expects that trading will commence in due course under the symbol "TNL".

Torrential is a capital pool company governed by the policies of the TSX Venture Exchange. Torrential's principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.

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

Contact Information

  • Torrential Energy Ltd.
    Tim T. Galbreath
    (403) 517-8818
    (403) 517-8815 (FAX)
    1700, 500 - 4th Avenue S.W.
    Calgary, Alberta T2P 2V6