Torch River Closes Private Placement

Torch River Resources Ltd. ("Torch" or the "Corporation") (TSX VENTURE:TCR)
(FRANKFURT:WNF) (PINKSHEETS:TORVF) is pleased to announce that it has closed the
non-brokered private placement announced September 24, 2012. Torch will issue
4,250,000 common shares (the "Common Shares") at a price of $0.02 per share for
gross proceeds of $85,000 (the "Offering"). The Offering consists of one (1)
common share in the capital of the Corporation issued and one common share
purchase Warrant. Each Warrant entitles the holder to purchase one Common Share
of the Corporation at an exercise price of $0.07 in the first year and $0.10 in
the second year from the closing of the Offering. 


The proceeds of the private placement will be used for the following activities:



$6,500      Annual General Meeting Costs                                    
$7,500      Annual General Meeting Cost                                     
$2,000      Private Placement Cost                                          
$35,000     Operating Expenses for the next five months                     
$4,000      Property Liability Insurance                                    
$7,500      Accounts Payable                                                
$7,000      Public Company Costs                                            
$22,000     Annual Audit, Tax Filings and Reporting                         



The private placement is subject to receipt of all necessary regulatory approvals.

Torch is a company listed and trading on the TSX Venture Exchange, symbol: TCR.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Torch River Resources Ltd.
William E. Pfaffenberger
President
(403) 444-6888
www.torchriver.ca


ProActive Communications Co.
(604) 541-1995
Toll free: (800) 540-1995

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