TORONTO, Feb. 22, 2018 -- Torex Gold Resources Inc. reported today the Company’s financial results for the year ended December 31, 2017. Fred Stanford, President & CEO of Torex stated: “We are happy to have 2017 behind us, with its ramp-up challenges and illegal blockade, now in the rear-view mirror. I would like to acknowledge the team for their excellent contribution in solving the inevitable ramp-up [...]
Not for distribution to U.S. news wire services or dissemination in the United States TORONTO, Feb. 16, 2018 -- Torex Gold Resources Inc. is pleased to announce that it issued an additional 130,500 common shares of the Company as a result of the exercise of the remainder of the over-allotment option granted to the syndicate of underwriters led by BMO Capital Markets in connection with its previously announced offering [...]
TORONTO, Feb. 16, 2018 -- Torex Gold Resources Inc. announces that it will release its Fourth Quarter 2017 financial and operating results early morning on Thursday, February 22, 2018, followed by a conference call hosted by senior management. Fourth Quarter 2017 Conference Call and Webcast Date: Thursday, February 22, 2018 Time: 9:00 am Webcast access: A live audio webcast of the conference call will be available on the [...]
Not for distribution to U.S. news wire services or dissemination in the United States. TORONTO, Feb. 07, 2018 -- Torex Gold Resources Inc. is pleased to announce that it has closed its previously announced offering of common shares of the Company with a syndicate of underwriters led by BMO Capital Markets. An aggregate of 4,895,000 Common Shares were issued by the Company at a price per Common Share of C$12.60, including [...]
TORONTO, Jan. 31, 2018 -- Torex Gold Resources Inc. announces that its wholly owned subsidiary, Minera Media Luna, S.A. de C.V. , has received an extension to the previously announced waiver signed by BNP Paribas, as Administrative Agent, on behalf of the Lenders. This waiver lowers the liquidity covenant threshold in the amended and restated credit agreement dated July 21, 2017, from US$50 million to US$30 million until [...]
Jan. 29, 2018 -- Torex Gold Resources Inc. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis 4,370,000 common shares at a price of C$12.60 per Common Share for gross proceeds of approximately C$55 million . The Company has granted the Underwriters an option, exercisable at the [...]
Torex Gold Resources Inc. reports that an illegal blockade by an external union has been removed at its ELG Mine Complex in southwest Mexico. Hector Astudillo, the Governor of Guerrero State acted decisively on January 26th, 2018, to lift the illegal blockade by the Los Mineros Union and peacefully re-establish the rule of law. The blockade led to conflict between communities and denied to thousands of citizens their [...]
Further to its news release of January 17, 2018, Torex Gold Resources Inc. announces that it has filed a final short form base shelf prospectus with the Securities Commissions in each of the provinces and territories of Canada, except Québec. The base shelf prospectus will allow Torex to make offerings of up to $500 million of common shares, debt securities, subscription receipts, warrants and units or any [...]
Torex Gold Resources Inc. announces that it has filed a preliminary short form base shelf prospectus with the Securities Commissions in each of the provinces and territories of Canada, except Québec. The base shelf prospectus will allow Torex to make offerings of up to $500 million of common shares, debt securities, subscription receipts, warrants and units or any combination thereof. When final, the base shelf [...]
Torex Gold Resources Inc. announces an updated mineral resource estimate and mineral reserves estimate for its ELG Mine Complex , located in southwest Mexico. The announcement includes a maiden high grade, mineral reserve and mine plan for the Sub-Sill. The estimates were prepared in accordance with National Instrument 43-101 and CIM Definition Standards. Sub-Sill Mine Plan From The Maiden Mineral Reserve: The mineral [...]
Torex Gold Resources Inc. announces that the sequential re-start of the ELG Mine Complex, located in southwest Mexico, has begun. A team of unionized employees and management has initiated the re-start in priority areas of the plant. More employees will be called back as additional sections of the mine and plant are brought on line. This re-start has been made possible, in large part due to the actions of the Community of [...]
Torex Gold Resources Inc. announces that 241,000 ounces of gold were poured and 244,800 ounces of gold were sold in the 10 months of operations in 2017, the second ramp-up year at its El Limon-Guajes Mine located in southwest Mexico. The Company also provides a corporate update, including progress towards the re-start of operations at its mine site and a senior leadership change. Over the past several weeks, our team has [...]