July 6 (Reuters) - Torian Resources Ltd TNR.AX :
* ANNOUNCES 1 FOR 4 RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $2.2 MILLION
* RIGHTS ISSUE AT $0.016 PER SHARE
* FUNDS TO BE USED FOR NEXT PHASE OF EXPLORATION DRILLING AT MT STIRLING GOLD CAMP
July 6 (Reuters) - Torian Resources Ltd TNR.AX :
* ANNOUNCES 1 FOR 4 RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $2.2 MILLION
* RIGHTS ISSUE AT $0.016 PER SHARE
* FUNDS TO BE USED FOR NEXT PHASE OF EXPLORATION DRILLING AT MT STIRLING GOLD CAMP