TORINO METALS (CANADA) CORP. ANNOUNCES LETTER OF INTENT FOR PROPOSED QUALIFYING TRANSACTION WITH ARTRARI ONE CAPITAL CORP. AND CONCURRENT FINANCING

TORONTO, November 03, 2025 -- /CNW/ - Torino Metals (Canada) Corp. ("Torino Metals" or the "Company") is pleased to announce that it has entered into a binding letter of intent ("LOI") with Artrari One Capital Corp. (TSXV: AOCC.P) ("Artrari"), a "capital pool company" under TSX Venture Exchange Policy 2.4, pursuant to which the parties intend to complete a business combination through a series of transactions (the "Transaction") which will constitute Artrari's "qualifying transaction" under the policies of the TSX Venture Exchange (the "TSXV"). In connection with the Transaction, the resulting issuer (the "Resulting Issuer") intends to seek the listing of its common shares on the TSXV under the name "Torino Metals Corp." Read full story

ZONDA

Zonda is an outcropping copper-gold porphyry in San Juan Province, Argentina. Of the more than 5,000m of historical shallow drilling, 73% of holes end in mineralisation.  Drill testing will target higher primary grade at depth.

Average depth of historical drilling was approximately 180m, but similar nearby systems show sulphide mineralisation extending well over 1,000m Torino is planning a drill program of 1,200m holes to test the depth potential of the porphyry system.

Torino executives have led discoveries on the high grade Escondida gold-silver vein deposit at Cerro Moro (+2-million-ounce gold equivalent resource), and the massive Caspiche gold-copper porphyry deposit in Chile.