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Prime Mining Receives Final Order for Arrangement with Torex

created: Oct. 3, 2025, 8:30 p.m. | updated: Oct. 4, 2025, 8:42 p.m.

VANCOUVER, British Columbia, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Prime Mining Corp. (“Prime ” or the “Company ”) (TSX: PRYM ) (OTCQX: PRMNF ) (Frankfurt: O4V3 ) is pleased to announce that the Supreme Court of British Columbia has granted the final order in connection with the Company's plan of arrangement (the "Arrangement ") with Torex Gold Resources Inc. ("Torex "), whereby Torex will, among other things, acquire all of the issued and outstanding common shares of the Company (the “Prime Shares ”). Pursuant to the Arrangement, shareholders of Prime (“Shareholders ”) will receive 0.060 of a common share of Torex for each Prime Share held. Subject to obtaining all required approvals and the satisfaction or waiver of all required conditions, including clearance under Mexican antitrust laws, the Arrangement is expected to close in Q4 2025. Forward-looking statements are statements that are not historical facts which address events, results, outcomes, or developments that the Company expects to occur. Forward-looking statements involve significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated.

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