2018-02-07 PR Financing Closing And Update

TORONTO, Ontario, February 7, 2018 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) is pleased to announce that it has closed its previously announced offering (the “Offering”) of common shares of the Company (the “Common Shares”) with a syndicate of underwriters (the “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 525,000 Common Shares issued on the partial exercise of the over-allotment option, for aggregate gross proceeds of C$61,677,000.