Prime Mining is pleased to announce the completion of the previously announced plan of arrangement involving the Company and Torex Gold Resources, pursuant to which Torex acquired all of the issued and outstanding shares of the Company. Pursuant to the Arrangement, shareholders of Prime were entitled to receive 0.060 of a common share of Torex for [...]
Prime Mining is pleased to announce the receipt of the clearance decision from the Comisión Federal de Competencia Económica with respect to the Company's plan of arrangement with Torex Gold Resources, whereby Torex will, among other things, acquire all of the issued and outstanding shares of the Company. Pursuant to the Arrangement, shareholders [...]
Prime Mining is pleased to announce that the Supreme Court of BC has granted the final order in connection with the Company's plan of arrangement with Torex Gold Resources, whereby Torex will, among other things, acquire all of the issued and outstanding common shares of the Company. Pursuant to the Arrangement, shareholders of Prime will receive [...]
Prime Mining announces that the Company's securityholders have approved the plan of arrangement with Torex Gold Resources, whereby Torex will, among other things, acquire all of the issued and outstanding common shares of the Company. The vote was passed at Prime's special meeting of securityholders held earlier today. The special resolution [...]
Prime Mining is pleased to announce that Glass Lewis, a leading independent proxy advisory firm has recommended that Prime Securityholders vote "FOR" the plan of arrangement with Torex Gold Resources. The Glass Lewis report stated: "Overall, we believe the transaction offers a compelling balance of immediate value and long-term upside, achieved [...]
Prime Mining announced today that it has filed its notice of meeting and management information circular with securities regulators in connection with the special meeting of the holders of common shares of the Company, the holders of options to purchase Prime Shares, the holders of restricted share units, the holders of deferred share units, and [...]
Prime Mining is pleased to report its operating and financial results for the quarter ended June 30, 2025. Prime is focused on the exploration and development of its wholly owned high-grade Los Reyes Gold-Silver Project. Prime Chief Executive Officer Scott Hicks commented, "The second quarter has been highly productive for Prime on multiple fronts [...]
Torex Gold Resources and Prime Mining are pleased to announce that they have entered into a definitive agreement whereby Torex will acquire all of the issued and outstanding common shares of Prime Mining pursuant to a plan of arrangement. The Transaction will result in Torex owning a 100% interest in Prime Mining's multi-million ounce Los Reyes [...]
Prime Mining announces that shareholder voting at the Company's Annual General and Special Meeting of shareholders held on June 19, 2025 has resulted in the election of all the directors listed as nominees in management's information circular dated May 5, 2025, as well as the approval of all matters presented. Summaries of the results of voting are [...]
Prime Mining announces that 97% of its $1.10 warrants due June 12, 2025 have been exercised, which, including the exercise of certain options, have increased Prime's cash balance to almost $33 million dollars as of today. Proceeds will contribute to the advancement of Prime's wholly-owned Los Reyes gold-silver project located in Sinaloa State [...]
Prime Mining announces that it has selected Ausenco Engineering Canada ULC to lead the study work for a Preliminary Economic Assessment on its wholly-owned Los Reyes gold-silver project located in Sinaloa State, Mexico. The Company is targeting the delivery of a PEA reflecting a high return, high margin, low capital and long-life project at Los [...]
Prime Mining announces that it has selected Ausenco Engineering Canada ULC to lead the study work for a Preliminary Economic Assessment on its wholly-owned Los Reyes gold-silver project located in Sinaloa State, Mexico. The Company is targeting the delivery of a PEA reflecting a high return, high margin, low capital and long-life project at Los [...]