Torrent Capital Provides Preliminary January Portfolio and Net Asset Value (NAV) Update

Rhea-AI Summary

Torrent Capital (OTC: TRRPF) reported a preliminary January 2026 NAV of $32.9 million, or approximately $0.86 per share as of January 31, 2026, up from $32.4 million (or $0.85 per share) at December 31, 2025.

Cash and cash equivalents were $1.6 million at January 31, 2026, unchanged from year-end. Management cited active portfolio optimization, exits of underperforming holdings, redeployment into new investments, and option writing on select equities as drivers of incremental cash flows.

Halifax, Nova Scotia--(Newsfile Corp. - February 26, 2026) - Torrent Capital Ltd. (TSXV: TORR) ("Torrent" or the "Company") today released its January 2026 portfolio update and Net Asset Value ("NAV"). As of January 31, 2026, the company reported an estimated NAV of $32.9 million, or approximately $0.86 per share.

January Portfolio Performance Highlights

Net Asset Value: $32.9 million (or $0.86 per share) as of January 31, 2026 compared with $32.4 million (or $0.85 per share) at December 31, 2025.

Cash and Cash Equivalents: Torrent had $1.6 million in cash and cash equivalents at January 31, 2026, consistent with its position at December 31, 2025.

Active Portfolio Management: During the month Torrent continued its portfolio optimization efforts by exiting underperforming holdings redeploying capital in new investments.

Performance Drivers: Torrent continued to utilize option writing strategies on select equity positions to generate incremental cash flows during the period.

"NAV per share saw a modest uptick in January as we continued to actively shape and optimize our portfolio," said Wade Dawe, Chief Executive Officer of Torrent Capital Ltd. "We remain disciplined in how we deploy capital, maintaining liquidity as we position the company to take advantage of emerging opportunities throughout 2026."

NAV per share and all per-share figures are calculated based on common shares outstanding at the applicable reporting dates. The number of common shares outstanding may vary between periods.

Cautionary Note on Preliminary Results

The January 2026 financial figures presented in this release are preliminary and unaudited results, are expressed in Canadian dollars, and subject to change following the completion of the Company's standard closing procedures and review. Final January results will be included in the Company's unaudited financial statements and MD&A for the quarter ended March 31, 2026, that will be filed on SEDAR+ on or before May 29, 2026.

About Torrent Capital Ltd.

Torrent Capital is a publicly traded Investment Issuer that actively manages a portfolio of public equities 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 to the Company's annual financial reporting for a discussion of risks and uncertainties.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285531

FAQ

What was Torrent Capital's NAV per share as of January 31, 2026 (TRRPF)?

The NAV per share was approximately $0.86 as of January 31, 2026. According to the company, that compares with $0.85 per share at December 31, 2025, reflecting a modest uptick in January.

How much cash did Torrent Capital (TRRPF) report at January 31, 2026?

Torrent Capital reported $1.6 million in cash and cash equivalents at January 31, 2026. According to the company, that position was consistent with its cash level at December 31, 2025.

What portfolio actions did Torrent Capital (TRRPF) take in January 2026?

Torrent continued active portfolio optimization, exiting underperforming holdings and redeploying capital into new investments. According to the company, it also used option writing on select equities to generate incremental cash flows.

Did Torrent Capital (TRRPF) report significant NAV growth in January 2026?

No, the NAV increase was modest: from $32.4M to $32.9M as of January 31, 2026. According to the company, this reflects portfolio adjustments rather than a large valuation shift.

How does Torrent Capital calculate per‑share NAV figures for TRRPF?

Per‑share NAV and all per‑share figures are calculated based on common shares outstanding at the reporting dates. According to the company, the number of common shares outstanding may vary between periods.