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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
M&A / Property

Prime Mining receives court OK for acquisition by Torex

By The Northwire Desk — AI Analysis Oct 03, 2025 · 18:15 PRYM · 3.51 Prime Mining Corp
PRYM · Price

Executive Summary

  • Prime Mining Corp. received a final court order approving its plan of arrangement with Torex Gold Resources Inc., under which Torex will acquire all outstanding Prime shares.
  • Shareholders will receive 0.060 common share of Torex for each Prime share held, subject to required approvals and antitrust clearance.
  • The transaction is expected to close in Q4 2025, after which Prime’s shares will be delisted from multiple exchanges and the company will cease reporting under Canadian securities laws.

Key Details

  • Court Approval: Supreme Court of British Columbia granted the final order for the arrangement.
  • Consideration: 0.060 Torex common share per Prime share held by shareholders.
  • Closing Conditions: Subject to all required approvals, satisfaction or waiver of conditions, and Mexican antitrust clearance.
  • Expected Closing: Fourth quarter 2025.
  • Post‑Closing Actions:
  • Prime shares to be delisted from the Toronto Stock Exchange, OTCQX, and Frankfurt Stock Exchange.
  • Application to cease being a reporting issuer under Canadian securities regulations.
  • Reference Document: Management Information Circular dated August 25 2025 available on SEDAR+ and Prime’s website.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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