Market Opens

Jody Kuzenko, President & Chief Executive Officer, Torex Gold Resources Inc. (“Torex” or the “Company”) (TSX: TXG), and her team, joined Dean McPherson, Head, Business Development, Global Mining, Toronto Stock Exchange (TSX), to close the market and celebrate the Company’s 15th anniversary of being listed on TSX. Torex Gold Resources Inc. is an intermediate gold producer based in Canada, engaged in the exploration, development, and operation of its 100% owned Morelos Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180 kilometres southwest of Mexico City. The Company’s principal asset is the Morelos Complex, which includes the producing Media Luna Underground, ELG Underground, and ELG Open Pit mines, the development stage EPO Underground Project, a processing plant, and related infrastructure. Commercial production from the Morelos Complex commenced on April 1, 2016 and an updated Technical Report for the Morelos Complex was released in March 2022. Torex’s key strategic objectives are: deliver Media Luna to full production and build EPO; optimize Morelos production and costs; grow reserves and resources; disciplined growth and capital allocation; retain and attract best industry talent; and industry leader in responsible mining. In addition to realizing the full potential of the Morelos Property, the Company is seeking opportunities to acquire assets that enable diversification and deliver value to shareholders.

Greg Tsagogeorgas, EVP, Head of Canadian Retail, and Patrice Denis, EVP, Head of Canadian Institutional of PIMCO Canada (“PIMCO”), and their team, joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate over 20 years in Canada. Since PIMCO Canada was founded in 2004, it has worked tirelessly as a trusted partner and fiduciary to its clients, from Canada’s largest institutions, foundations and financial advisors. PIMCO is a global leader in active fixed income with deep expertise across public and private markets. They invest in their clients’ capital in income and credit opportunities that span the liquidity spectrum, leveraging decades of experience navigating complex debt markets. Their extensive resources, global presence and time-tested investment process are designed to help give their clients an edge as they pursue their long-term goals.

David Picton, President and Chief Executive Officer, PICTON Investments (“PICTON” or the “Company”) and his team, joined Keith Wu, Head, Exchange Traded Products, Toronto Stock Exchange (TSX), to close the market and celebrate Picton Mahoney Asset Management’s rebrand to PICTON. PICTON’s rebrand is a call to rebuild the investment industry from the Bear Up. This is more than a refreshed look for the brand, but a fundamental repositioning of the firm’s identity and a declaration of intent: to challenge the status quo, lead with a risk-first mindset, and rally a new era of investors, advisors, institutions, and portfolio managers to help them see the power of alternative investments in building better portfolios for their clients. Since the firm was co-founded over 20 years ago, PICTON has partnered with advisors and institutions to offer alternative investments to build portfolios that go beyond traditional approaches – aiming to provide diversified, less correlated return streams that deliver stronger, more stable outcomes for Canadians. With its new rebrand, PICTON is hoping to raise awareness of the importance of moving beyond a traditional portfolio to a fortified 40/30/30 portfolio – 40% equities, 30% fixed income, 30% liquid alternatives – a construction that aims to offer more resilience in all markets, not just bull runs. By embracing the bear and encouraging Canadians to see it as a friend rather than a foe, PICTON aims to change the long-held perception of the bear as a symbol of fear. It now takes center stage as PICTON’s brand anchor. Not as a warning, but as a symbol of strength, adaptability, and preparation. PICTON is investing heavily in its people, processes, platforms, and partnerships because Canadians deserve more certainty in uncertain times. With resilience, discipline, and innovation, the firm is shaping a future where more investors can reach their financial goals with greater certainty. PICTON Investments is a Canadian investment firm with over $13 billion in assets under management, recognized for pioneering alternative investment strategies that challenge traditional thinking. Since 2004, we have been helping advisors and investors rethink portfolio construction – moving away from traditional models toward more resilient, diversified solutions. Leveraging deep expertise in quantitative research, fundamental analysis, and authentic hedging strategies, we champion a modern approach designed to deliver more consistent, risk-adjusted returns. Our philosophy is to “Build from the Bear Up,” embracing a bear mindset of resiliency, adaptability, and strength to provide Canadians with greater certainty.

Jay Rana, Head of J.P. Morgan Asset Management Advisor Business in Canada, J.P. Morgan Asset Management Canada (“JPMAM” or the “Company”) and his team, joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of the Company’s new ETF: JPMorgan US Core Active ETF (TSX: JCOR). JPMorgan US Core Active ETF is built on the strength of J.P. Morgan Asset Management’s global equity platform, which manages more than US$1 trillion in assets and is supported by one of the largest and most experienced fundamental research teams in the industry. The strategy draws on a team-based approach that integrates the insights of 18 dedicated research analysts, each averaging over 20 years of experience. This deep bench of talent and long-standing investment process reflects the firm’s commitment to delivering consistent, long-term results through active management. J.P. Morgan Asset Management, with assets under management of US$3.7 trillion (as of March 31, 2025), is a global leader in investment management. J.P. Morgan Asset Management’s clients include institutions, retail investors, and high-net-worth individuals in every major market throughout the world. The firm offers global investment capabilities across equities, fixed income, real estate, hedge funds, private equity, and liquidity.