Torex Announces Amendment to Shareholder Rights Plan
Corporate Office: 130 King St. West, Suite 1502, Toronto, ON M5X 2A2, Canada – Tel. (647) 260 1500 Fax (416) 304-4000
www.torexgold.com
TOREX ANNOUNCES AMENDMENT TO SHAREHOLDER RIGHTS PLAN
Toronto, Ontario, June 12, 2017 — Torex Gold Resources Inc. (the “ Company” or “Torex”) (TSX:TXG) announces
that the Company has amended certain terms of the proposed amended and restated shareholder rights plan
agreement (the “Plan”) to be presented for approval at the annua l and special meeting of shareholders of Torex
scheduled to be held on June 21, 2017. The amendment was made in response to comments from ISS Proxy
Advisory Services, a branch of Institutional Shareholder Services Inc. (“ISS”), a proxy voting advisory and corporate
governance services firm.
Torex has amended the definition of “Beneficial Owner” in the Plan to clarify the exemption for money managers,
pension funds, mutual funds, trustees and custodians who are not making a take-over bid by removing the
requirement that they did not acquire or hold securities for the purpose or with the effect of changing or influencing
the control of the Company.
The revised version of the amended and restated Plan will be available on the Company’s website at
www.torexgold.com.
Torex is an emerging intermediate gold producer based in Canada, engaged in the exploration, development and
operation of its 100% owned Morelos Gold Property, an ar ea of 29,000 hectares in the highly prospective Guerrero
Gold Belt located 180 kilometers southwest of Mexico City. Within this property, Torex has the El Limón Guajes Mine,
which announced commercial production in March of 2016 and the Media Luna Project, which is in an advanced
stage of exploration, and for which the Company issued a preliminary economic assessment (PEA) in 2015. The
property remains 75% unexplored.
For further information, please contact:
TOREX GOLD RESOURCES INC.
Fred Stanford Gabriela Sanchez
President and CEO Vice President Investor Relations
Tel. (647) 260-1502 Tel. (647) 260-1503
Email: [email protected] E m a i l : [email protected]
This press release contains “forward-looking statements” and “ forward-looking information” within the meaning of applicable
Canadian securities legislation. Forward-looking information in cludes, without limitation, information with respect to the
recommendation of ISS with respect to the Plan. Generally, forw ard-looking information can be identified by the use of
terminology such as “plans”, “expects”, “estimates”, “intends”, “anticipates”, “believes” or variations of such words, or statements
that certain actions, events or results “may”, “could”, “would”, “might”, “will be taken”, “occur” or “be achieved”. Forward-looking
information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results,
level of activity, performance or achievements to be materially dif ferent from those expressed or implied by such forward-looki ng
information. Forward-looking information is based on the reas onable assumptions, estimates, analysis and opinions of
management made in light of its experience and perception of trends, current conditions and expected developments, and other
factors that management believes are relevant and reasonable in the circumstances at the date such statements are made.
Although the Company has attempted to identify important factors that co uld cause actual results to differ materially from thos e
contained in forward-looking information, there may be other fac tors that cause results not to be as anticipated. There can be no
assurance that such information will prove to be accurate, as act ual results and future events could differ materially from tho se
anticipated in such information. Accordingly, readers should n ot place undue reliance on forward-looking information. The
Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.