Four other similar
torcs have been discovered, but they were all found some 100 miles away in Norfolk.
TORC subsequently received funding from the Joint Improvised Explosive Device Defeat Organization to adapt the technology for use in counter-roadside bomb missions.
Total consideration for the acquisition is approximately CDN 128m (USD 102.94m), before adjustments, and is payable through the issuance of 16.0m common shares of
TORC (valued at CDN 7.98 per share based on
Torc's 20-day volume weighted average trading price prior to the announcement of the acquisition).
Speaking outside the hearing, he claimed he began supply teaching 12 years ago after being sacked from
Torc over his decision to wear a mortar board and gown.
The collection consists of two
torcs, a local style of jewellery made from a twisted ribbon of gold, half an ornate
torc of southern French origin and a unique braided gold wire
torc which shows influences of Mediterranean craftsmanship.
'The fact that Griffilms' recent success winning two
Torc awards at the Celtic Media Festival shows that S4C's commitment to developing a range of creative animation projects across different genres and for multi-platform use is paying dividends.'
Maurice Richardson, 55, from Newark, Notts, found the solid gold
torc in a ploughed field on a farm near his home.
The gold
torc had one of its two terminals - or end rings - missing when found in a field at Sedgeford, Norfolk, 29 years ago.
Four youngsters aged between 11 and 14 were involved in the two incidents at
Torc High School in Glascote, Tamworth, Staffs.
However, a similar
torc discovered in Newark, Nottinghamshire in 2005 was bought for pounds 350,000 last year.
Archaeologists are digging at the place he found the four neckbands, known as
torcs. One
torc in England sold last year for pounds 350,000.
The Spirit of the Festival Gold
Torc (for a film or TV programme in a Celtic language) was awarded to Gem Y Ganriff, a Greenbay Media production for S4C Wales.