Prime Mining Receives Final Order for Arrangement with Torex

Core Viewpoint - Prime Mining Corp. has received final approval from the Supreme Court of British Columbia for its arrangement with Torex Gold Resources Inc., where Torex will acquire all outstanding shares of Prime Mining [1][2]. Group 1: Arrangement Details - Under the arrangement, shareholders of Prime will receive 0.060 of a common share of Torex for each Prime share held [1]. - The arrangement is subject to necessary approvals and conditions, including clearance under Mexican antitrust laws, and is expected to close in Q4 2025 [2]. - Following the closing, Prime shares will be delisted from the Toronto Stock Exchange, OTCQX, and Frankfurt Stock Exchange, and the company will cease to be a reporting issuer under Canadian securities laws [2]. Group 2: Company Overview - Prime Mining is managed by a team of experienced mining executives, capital markets personnel, and local operators, focusing on the Los Reyes Project [4]. - The company has a well-planned capital structure and strong insider ownership [4].