Torrent Capital Announces Disposition of Its Solana Holdings
Torrent Capital (TRRPF) announced it has sold its remaining Solana (SOL) holdings, completing transactions primarily between September 16 and October 16, 2025. The SOL tokens were sold at an average price of $281 CAD, producing gross proceeds of approximately $12.4 million CAD and a realized gain of about $1.57 million CAD before tax. Torrent now holds the proceeds in cash and cash equivalents to pursue new investment opportunities and retains upside exposure to approximately 5,000 SOL via option contracts while holding no spot SOL position.
The company characterized the disposition as a disciplined portfolio move to crystallize gains and strengthen its cash position amid a shifting risk environment.
Torrent Capital (TRRPF) ha annunciato di aver venduto le sue rimanenti partecipazioni in Solana (SOL), completando le transazioni principalmente tra 16 settembre e 16 ottobre 2025. Le token SOL sono state vendute a un prezzo medio di 281 CAD, producendo proventi lordi di circa 12,4 milioni di CAD e un guadagno realizzato di circa 1,57 milioni di CAD prima delle imposte. Torrent detiene ora i proventi in contanti e contanti equivalenti per perseguire nuove opportunità di investimento e mantiene un’esposizione al rialzo su circa 5.000 SOL tramite contratti di opzione, mentre non detiene alcuna posizione SOL a pronta consegna.
La società ha descritto la vendita come una mossa disciplinata del portafoglio per cristallizzare i guadagni e rafforzare la propria posizione di liquidità in un contesto di rischio che cambia.
Torrent Capital (TRRPF) anunció que ha vendido sus participaciones restantes en Solana (SOL), completando las transacciones principalmente entre 16 de septiembre y 16 de octubre de 2025. Los tokens SOL se vendieron a un precio medio de 281 CAD, generando ingresos brutos de aproximadamente 12,4 millones de CAD y una ganancia realizada de alrededor de 1,57 millones de CAD antes de impuestos. Torrent ahora mantiene los ingresos en efectivo y equivalentes en efectivo para buscar nuevas oportunidades de inversión y conserva una exposición alcista a aproximadamente 5.000 SOL a través de contratos de opción mientras no mantiene una posición de SOL al contado.
La compañía caracterizó la disposición como un movimiento disciplinado de la cartera para cristalizar ganancias y fortalecer su posición de efectivo en medio de un entorno de riesgo cambiante.
Torrent Capital (TRRPF)은 Solana (SOL) 보유를 남겨두고 매도했으며, 주로 2025년 9월 16일에서 2025년 10월 16일 사이에 거래를 마쳤다고 발표했습니다. SOL 토큰은 평균 CAD 281달러에 매도되어 총수익 약 CAD 1,240만 달러를 발생시키고 약 CAD 157만 달러 세전 실현 이익을 얻었습니다. Torrent는 이제 현금 및 현금등가물로 대체투자 기회를 추구하며 약 5,000 SOL 정도의 상승 노출을 옵션 계약을 통해 보유하고 있으며 현물 SOL 포지션은 보유하지 않습니다.
회사는 이 처분을 손익 실현과 현금 보유를 강화하기 위한 규율된 포트폴리오 조치로 설명했습니다. 경제 환경이 바뀌고 있습니다.
Torrent Capital (TRRPF) a annoncé avoir vendu ses dernières participations en Solana (SOL), achevant des transactions principalement entre le 16 septembre et le 16 octobre 2025. Les jetons SOL ont été vendus à un prix moyen de 281 CAD, générant une produit brut d’environ 12,4 millions de CAD et un gain réalisé d’environ 1,57 million de CAD avant impôt. Torrent détient désormais les produits en espèces et équivalents de trésorerie pour poursuivre de nouvelles opportunités d’investissement et conserve une exposition à la hausse d’environ 5 000 SOL via des contrats d’option tout en ne détenant aucune position SOL au comptant.
La société a qualifié cette cession de mouvement discipliné de portefeuille pour cristalliser les gains et renforcer sa position de trésorerie dans un environnement de risque en évolution.
Torrent Capital (TRRPF) gab bekannt, dass es seine verbleibenden Solana (SOL)-Bestände verkauft hat und Transaktionen hauptsächlich zwischen dem 16. September und dem 16. Oktober 2025 abgeschlossen wurden. Die SOL-Münzen wurden zu einem Durchschnittspreis von 281 CAD verkauft, wodurch Bruttoerlöse von ca. 12,4 Millionen CAD erzielt wurden und ein realisierter Gewinn von ca. 1,57 Millionen CAD vor Steuern entstand. Torrent hält die Erlöse nun in bar und baräquivalenten, um neue Investitionsmöglichkeiten zu verfolgen, und behält eine Aufwärts-Exposure zu ca. 5.000 SOL über Optionsverträge, während keine Spot-SOL-Position mehr gehalten wird.
Das Unternehmen bezeichnete den Verkauf als disziplinierte Portfoliomaßnahme, um Gewinne zu realisieren und seine Barposition in einem sich wandelnden Risikoumfeld zu stärken.
Torrent Capital (TRRPF) أعلنت أنها باعت ما تبقى لها من حصص Solana (SOL)، مكتملةً الصفقات أساساً بين 16 سبتمبر و16 أكتوبر 2025. تم بيع رمز SOL بسعر متوسط قدره 281 CAD، مما أدى إلى عائدات إجمالية قدرها حوالي 12.4 مليون CAD ومكسب محقق حوالي 1.57 مليون CAD قبل الضريبة. تمتلك Torrent الآن العائدات نقداً وما يعادلها من النقد للسعي وراء فرص استثمارية جديدة وتحتفظ بتعرّض صعودي لحوالي 5,000 SOL عبر عقود الخيار مع عدم الاحتفاظ بأي مركز SOL فوري.
وصفت الشركة التصرف بأنه خطوة محفظة منضبطة لتجسيد الأرباح وتقوية موقفها النقدي في بيئة مخاطر تتغير.
- Gross proceeds of $12.4 million CAD
- Realized gain of approximately $1.57 million CAD before tax
- Average sale price $281 CAD per SOL
- Retains upside exposure to ~5,000 SOL via options
- Proceeds held in cash and cash equivalents for redeployment
- No remaining spot position in Solana, removing direct spot exposure
Torrent Capital Ltd. has sold its remaining Solana (SOL) holdings, realizing gross proceeds of approximately
Halifax, Nova Scotia--(Newsfile Corp. - November 5, 2025) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent" or the "Company") has exited its position in Solana (SOL) through a series of transactions primarily between September 16 and October 16, 2025.
The SOL tokens were sold at an average price of
"Our investment in Solana delivered favourable returns in a relatively short period of time," said Wade Dawe, Chief Executive Officer of Torrent Capital. "Divesting of the position enhances Torrent's cash position and crystallizes gains, better positioning the Company for a shifting risk environment across capital markets."
Following this exit, Torrent no longer holds a spot position in Solana but retains upside exposure to approximately 5,000 SOL through option contracts. The proceeds from the disposition are being held in cash and cash equivalents, providing flexibility to deploy in new investment opportunities aligned with the Company's strategic priorities. Torrent will continue to monitor the digital asset sector for opportunities that align with its long-term investment strategy.
About Torrent Capital Ltd.
Torrent Capital is a publicly traded Investment Issuer that actively manages a portfolio of public equities, digital assets, and private investments. The Company invests in companies that are due to experience accelerated growth or are trading at a discount to their intrinsic value. Torrent offers investors the potential to earn above-market returns while providing transparency, daily liquidity and a modest fee profile compared with competing investment products.
For further information, please contact:
Wade Dawe
Chief Executive Officer
Phone: 1 902 536 1976
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This press release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Torrent disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The reader is referred the Company's annual financial reporting for a discussion of risks and uncertainties.
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FAQ
When did Torrent Capital sell its Solana (SOL) holdings and over what dates?
How much did Torrent Capital realize from its Solana disposition (TRRPF)?
What gain did Torrent Capital record on the Solana sales reported November 5, 2025?
Does Torrent Capital still have exposure to Solana after the sale (TRRPF)?
What will Torrent Capital do with the proceeds from the Solana sales?
