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Prime Mining closes arrangement with Torex Gold Resources

Prime Mining (PRMNF) announced the completion of the previously announced plan of arrangement involving the Company and Torex Gold Resources (TORXF), 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 each Prime Share held. The Prime Shares are expected to be delisted from the Toronto Stock Exchange, the OTCQX and the Frankfurt Stock Exchange. Prime will also apply to cease to be a reporting issuer in the applicable jurisdictions in which it is currently a reporting issuer.

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