Torex Gold Resources to buy Prime Mining
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 28 2025
0mins
Source: SeekingAlpha
Torex Gold Acquisition: Torex Gold Resources is set to acquire all outstanding shares of Prime Mining, which includes the Los Reyes gold-silver project in Mexico. Prime Mining shareholders will receive a premium in the form of 0.060 Torex shares for each share they hold.
Share Issuance Details: Upon completion of the acquisition, Torex will issue approximately 10.5 million shares to Prime Mining shareholders, equating to about 10.7% of Torex's total shares.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
