.jpg)
1 hour ago
2
Article content
VANCOUVER, British Columbia, Sept. 18, 2025 (GLOBE NEWSWIRE) — Prime Mining Corp. (“Prime” or the “Company”) (TSX: PRYM) (OTCQX: PRMNF) (Frankfurt: O4V3) is pleased to announce that Glass Lewis, a leading independent proxy advisory firm has recommended that Prime Securityholders (as defined below) vote “FOR” the plan of arrangement (the “Arrangement“) with Torex Gold Resources Inc.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
The Glass Lewis report stated: “Overall, we believe the transaction offers a compelling balance of immediate value and long-term upside, achieved through a fair and well-structured process. Considering the premium offered, the strong strategic rationale, and the opportunity for continued participation in Torex’s future growth, we conclude that the acquisition is in the best interests of Prime Mining’s shareholders. Accordingly, we recommend that shareholders vote FOR the arrangement proposal and related resolutions.”
Article content
Article content
Article content
Scott Hicks, CEO, commented “We are pleased to receive an independent FOR recommendation from Glass Lewis, affirming that the Plan of Arrangement with Torex is in the best interests of Prime Securityholders given the premium offered, strategic rationale and opportunity for continued participation in Torex’s future growth.”
Article content
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
YOUR VOTE IS IMPORTANT – PLEASE VOTE TODAY
The proxy voting deadline is 2:00 pm (Vancouver Time) on Thursday, September 25, 2025
Article content
Prime additionally reminds the holders of common shares of the Company (“Prime Shares”), the holders of options to purchase Prime Shares, the holders of restricted share units, the holders of deferred share units, and the holders of warrants to purchase Prime Shares (collectively, the “Securityholders”) of the upcoming deadline to vote at the Company’s special meeting of Securityholders (the “Meeting“) to be held on Monday, September 29, 2025 at 2:00 p.m. (Vancouver Time) to approve the Arrangement with Torex Gold Resources Inc.
Article content
Prime Board Recommendation
Article content
The Board of Directors of Prime unanimously recommends that the Securityholders vote FOR the Arrangement.
Article content
Article content
Securityholders may vote online, by fax or by mail in accordance with the instructions set forth in their proxy form(s) or voting instruction form, as applicable.
Article content
For more information relating to the Arrangement, please refer to the management information circular of the Company in connection with the Meeting (the “Circular”), which is available under the Company’s profile on SEDAR+ at www.sedarplus.ca and on Prime’s website at www.primeminingcorp.ca.
Article content
Special Meeting Details
Article content
The Meeting is to be held on September 29, 2025 at 2:00 p.m. (Vancouver time) at the offices of the Company at Suite 710 – 1030 West Georgia Street, Vancouver, British Columbia.
Article content
Questions & Voting Assistance
Article content
Securityholders who have questions or need assistance with voting their Prime Securities should contact the Company by telephone at (604) 428-6128 or by email at [email protected].
Article content
If you have any questions or require any assistance with completing your Letter of Transmittal, please contact the Depositary by telephone at 1-800-564-6253 (Canada and the United States) or 1-514-982-7555 (International) or by email at [email protected].
English (US)