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Torex Gold acquires Prime Mining for its Mexican gold-silver project in a C$449M deal.
Torex Gold Resources Inc. plans to acquire Prime Mining Corp. for its Los Reyes gold-silver project in Mexico in a deal valued at about C$449 million.
Prime Mining shareholders will receive 0.060 of a Torex share for each Prime share held, pending regulatory approvals and other conditions.
The acquisition is expected to increase Torex's financial strength and market visibility, while adding significant precious metals resources to its portfolio.
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Torex Gold adquiere Prime Mining para su proyecto mexicano de oro y plata en un acuerdo de C $ 449 millones.