Prime Mining Receives Mexican Antitrust Approval Regarding Transaction with Torex Gold

Core Points - Prime Mining Corp. has received clearance from COFECE for its arrangement with Torex Gold Resources Inc., where Torex will acquire all issued and outstanding shares of Prime [1][2] - Shareholders of Prime will receive 0.060 of a common share of Torex for each Prime Share held as part of the arrangement [1] - The arrangement is expected to be completed during the week of October 20, 2025, subject to the satisfaction or waiver of all conditions [2] - Following the completion, 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] 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]