1:07pm: Lefty Rob Rasmussen is the final minor leaguer headed to Toronto, the Blue Jays revealed in officially announcing the trade.

12:55pm: Left-hander Jake Brentz is also in the package for Lowe, Heyman tweets.

12:45pm: Class-A left-hander Nick Wells is one of the three players heading to Seattle, Heyman tweets. Wells was the Blue Jays’ third-round pick in 2014.

12:24pm: The Mariners are netting three minor leaguers in the deal, reports Joel Sherman of the New York Post (Twitter link).

12:16pm: The Jays have acquired Lowe, tweets Chris Cotillo of SB Nation.

12:12pm: The Blue Jays are moving towards a trade that will acquire veteran right-hander Mark Lowe from the Mariners, reports Jon Heyman of CBS Sports (via Twitter).

Lowe’s name doesn’t leap off the page as an exciting target based on his track record, but he’s in the midst of an astounding breakout season. Lowe has a pristine 1.00 ERA with 11.8 K/9, 2.8 BB/9 and a 36.5 percent ground-ball rate in 36 innings for Seattle this season, and his 95 mph average fastball is the best heat he’s shown since 2011.

By adding Lowe, who signed a minor league deal this winter, the Blue Jays have secured a relief upgrade that comes with the most minimal of financial commitments. One would think that played a factor in the decision to target him (in addition to his excellent numbers), as the Blue Jays have been said to be on a limited budget and took on quite a bit of cash to acquire David Price yesterday. Lowe will be a rental for the Mariners, as he’s logged well over the necessary six years of big league service required to qualify for free agency at season’s end.