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Prime Mining downgraded to Sell from Buy at TD Securities

TD Securities downgraded Prime Mining (PRMNF) to Sell from Buy with a price target of C$3.75, down from C$5, after Torex Gold (TORXF) announced it will acquire all the outstanding shares of Prime at 0.06 Torex shares per Prime share, representing an offer price of C$2.57 per share and an equity value of C$449M..

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