Dear Shareholder,

Thank you for your inquiry. A flow-through share is available to mining, petroleum and certain types of renewable energy companies to facilitate financing their exploration and project development activities. Eligible companies issue these equity shares to new investors. Investors receive an equity interest in the company and income tax deductions associated with new expenditures incurred by the company on exploration and development. Flow-through shares are available to selected companies but are of greater benefit to non-taxpaying junior companies. These companies are often unable to use income tax deductions against their corporate income and are willing to forgo the deduction to new investors.

As always, we encourage open discussion on this forum. Please feel free to ask any questions you may have with regards to Torch River Resources as this board was created for you, the shareholders.

Regards,

AGORACOM Investor Relations