Prime Mining's Merger with Torex Gold Set for Q4 2025
Prime Mining Corp. has received a final order from the Supreme Court of British Columbia for its plan of arrangement with Torex Gold Resources Inc. The arrangement is set to close in Q4 2025, subject to necessary approvals and conditions. Following this, Prime will cease to be a reporting issuer under Canadian securities laws and its shares will be delisted from major exchanges.
Under the arrangement, Prime shareholders will receive 0.060 of a Torex common share for each Prime share they hold. The CEO of Prime Mining Corp. in October 2025 remains unclear, as no explicit mention was found in search results. However, a final order dated October 3, 2025, was issued regarding the arrangement, without specifying the CEO's name.
Upon the arrangement's closure, Prime shares will be removed from the Toronto Stock Exchange, the OTCQX, and the Frankfurt Stock Exchange.
The arrangement between Prime Mining Corp. and Torex Gold Resources Inc. is progressing towards completion in Q4 2025. Shareholders will receive shares in Torex, and Prime's reporting status and listings will change accordingly. The identity of Prime's CEO in October 2025 remains uncertain.
