Torex Gold to Acquire Prime Mining
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 28 2025
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Source: Newsfilter
Torex Gold Resources Acquires Prime Mining: Torex Gold Resources Inc. has entered into an agreement to acquire Prime Mining Corp., gaining full ownership of the Los Reyes gold-silver project in Mexico, which significantly enhances Torex's resource base and growth potential.
Benefits for Shareholders: The acquisition offers Prime Mining shareholders a 32.4% premium on their shares and allows them to retain a 10.7% stake in the combined company, providing exposure to Torex's established operations and future growth opportunities.
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.
