Torex Gold To Acquire Prime Mining In C$449 Mln Deal For Los Reyes Gold-Silver Project
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 28 2025
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Source: NASDAQ.COM
Acquisition Announcement: Prime Mining Corp. has entered into an agreement for Torex Gold Resources Inc. to acquire its Los Reyes gold-silver project in Mexico, with the transaction expected to close in the second half of 2025, pending regulatory approvals.
Shareholder Benefits and Valuation: Prime Mining shareholders will receive shares in Torex at a valuation of C$2.57 each, reflecting an 18.5% premium, while the combined company is projected to enhance financial strength and market visibility.
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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.
