Primero Reports Fourth Quarter and Full-Year 2015 Results; Record Revenues Drive Increased Cash Flows

TORONTO, ON–(Marketwired – February 18, 2016) –  Primero Mining Corp. (“Primero” or the “Company”) (TSX: P) (NYSE: PPP) today reported financial results for the fourth quarter and full-year ended December 31, 2015. On January 25, 2016 the Company reported strong operating results, including the fifth consecutive year of increased production, that drove record revenue of $291.3 million, strong operating cash flow before changes in working capital1 of $83.2 million ($0.51 per share) and adjusted net income2 of $6.6 million ($0.04 per share).

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