TORONTO, Oct. 03, 2025 — Torino Metals (Canada) Corp. (“Torino”) and Ocham’s Razor Capital Ltd. (“Ocham”) announce the termination of their previously disclosed business combination and the associated private placement, which was initially announced on March 3, 2025. Both Torino and Ocham will continue to assess future opportunities and will provide further updates as they become available.
Cautionary Note Regarding Forward-Looking Information
This press release contains forward-looking statements concerning Torino and Ocham, including but not limited to statements pertaining to any proposed future transactions. These statements are subject to known and unknown risks and uncertainties that could cause actual results to differ substantially from those projected in such statements. There is no guarantee that any such future transaction will be completed as outlined or at all.
For further information, please contact:
Torino Metals (Canada) Corp.
Richard Murphy
President, CEO and Director
Email:
Ocham’s Razor Capital Ltd.
Robert D. B. Suttie
CEO
Email: rsuttie@marrellisupport.ca
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This press release includes “forward-looking statements” and/or “forward-looking information” (collectively referred to as “forward-looking statements”) as defined by applicable securities legislation. All statements, excluding those of historical fact, are considered forward-looking statements. The use of terms such as “anticipate”, “plan”, “aim”, “target”, “contemplate”, “continue”, “estimate”, “expect”, ‘intend”, “propose”, “might”, “may”, “will”, “shall”, “project”, “should”, “could”, “would”, “believe”, “predict”, “forecast”, “pursue”, “potential”, “possible”, “capable” and similar phrases is intended to identify “forward-looking statements.” Forward-looking statements in this press release encompass, but are not limited to, expectations concerning the prospect of any potential future transactions.
These forward-looking statements are grounded in Torino’s and Ocham’s current beliefs, as well as assumptions made and information currently available to them, and they inherently involve risks and uncertainties, both general and specific. There are inherent risks that forward-looking statements may not be realized due to numerous factors including, but not limited to, the receipt of necessary regulatory, shareholder, and third-party approvals, the availability of financing, the impact of changes in laws and regulations, and the additional risks detailed periodically in the public filings of Ocham and Torino.
While management views the assumptions underlying forward-looking statements as reasonable based on currently available information, these assumptions might ultimately prove incorrect. When making investment decisions concerning Ocham and Torino, investors and other parties should avoid placing undue reliance on these statements and should thoroughly evaluate the aforementioned factors along with other uncertainties and potential events.
Neither Ocham nor Torino assumes any obligation to publicly disclose revisions to any forward-looking statement to reflect events or circumstances occurring after the date of this release, or to account for the occurrence of unanticipated events, except where required by applicable securities laws. Investors should not presume that a lack of an update to a previously issued forward-looking statement implies its reaffirmation. Continued reliance on forward-looking statements is undertaken at the investor’s own risk.
