McEwen Inc.
18.10.25 11:23
#1
peter47
McEwen Inc.
McEwen Inc. and Canadian Gold Corp. Announce Arrangement Agreement
October 14, 2025
TORONTO and FLIN FLON, Manitoba, Oct. 14, 2025 (GLOBE NEWSWIRE) -- McEwen Inc. ("McEwen") (NYSE: MUX) (TSX:MUX) and Canadian Gold Corp. ("Canadian Gold") (TSX-V:CGC) are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement") dated October 10, 2025, pursuant to which McEwen will acquire all of the issued and outstanding common shares of Canadian Gold by way of a statutory plan of arrangement (the "Proposed Transaction"). If the Proposed Transaction is approved by Canadian Gold shareholders and the Supreme Court of British Columbia, Canadian Gold will become a wholly-owned subsidiary of McEwen. Notice of a special meeting of Canadian Gold shareholders with a record date of October 30, 2025 and meeting date of December 5, 2025 has been filed on SEDAR+. The Proposed Transaction is expected to close in early January 2026.
Under the terms of the Arrangement Agreement, which was negotiated at arm’s length, each holder of common shares of Canadian Gold (each, a "Canadian Gold Share") will receive 0.0225 McEwen common shares (each, a "McEwen Share") for each Canadian Gold Share held (the "Exchange Ratio").
The Exchange Ratio represents a current offer price of CDN $0.60 per Canadian Gold Share, representing a 96.7% premium over the closing price of the Canadian Gold Shares on the trading day immediately prior to the public announcement of the letter of intent relating to the Proposed Transaction. Upon completion of the transaction, existing McEwen and Canadian Gold shareholders will own approximately 92% and 8% respectively, of McEwen, on both an outstanding shares and fully-diluted basis. McEwen will continue trading under the name McEwen Inc. on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX) under the symbol "MUX".
Canadian Gold's principal asset is its 100% interest in the Tartan Lake Gold Mine Project (the "Tartan Mine"), located in the province of Manitoba, Canada. The Tartan Mine is a high-grade gold project and former producing mine with existing infrastructure and significant exploration potential.
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https://www.mcewenmining.com/investor-relations/...ement/default.aspx
October 14, 2025
TORONTO and FLIN FLON, Manitoba, Oct. 14, 2025 (GLOBE NEWSWIRE) -- McEwen Inc. ("McEwen") (NYSE: MUX) (TSX:MUX) and Canadian Gold Corp. ("Canadian Gold") (TSX-V:CGC) are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement") dated October 10, 2025, pursuant to which McEwen will acquire all of the issued and outstanding common shares of Canadian Gold by way of a statutory plan of arrangement (the "Proposed Transaction"). If the Proposed Transaction is approved by Canadian Gold shareholders and the Supreme Court of British Columbia, Canadian Gold will become a wholly-owned subsidiary of McEwen. Notice of a special meeting of Canadian Gold shareholders with a record date of October 30, 2025 and meeting date of December 5, 2025 has been filed on SEDAR+. The Proposed Transaction is expected to close in early January 2026.
Under the terms of the Arrangement Agreement, which was negotiated at arm’s length, each holder of common shares of Canadian Gold (each, a "Canadian Gold Share") will receive 0.0225 McEwen common shares (each, a "McEwen Share") for each Canadian Gold Share held (the "Exchange Ratio").
The Exchange Ratio represents a current offer price of CDN $0.60 per Canadian Gold Share, representing a 96.7% premium over the closing price of the Canadian Gold Shares on the trading day immediately prior to the public announcement of the letter of intent relating to the Proposed Transaction. Upon completion of the transaction, existing McEwen and Canadian Gold shareholders will own approximately 92% and 8% respectively, of McEwen, on both an outstanding shares and fully-diluted basis. McEwen will continue trading under the name McEwen Inc. on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX) under the symbol "MUX".
Canadian Gold's principal asset is its 100% interest in the Tartan Lake Gold Mine Project (the "Tartan Mine"), located in the province of Manitoba, Canada. The Tartan Mine is a high-grade gold project and former producing mine with existing infrastructure and significant exploration potential.
...
https://www.mcewenmining.com/investor-relations/...ement/default.aspx
25.10.25 11:22
#2
peter47
Windfall Drilling at Gold Bar Mine Complex
Windfall Drilling at Gold Bar Mine Complex Intersects Significant Mineralization: 2.4 GPT Oxide Gold Over 74.7 Meters & 6.1 GPT High-Grade Gold Over 6.1 Meters
October 22, 2025
TORONTO, Oct. 22, 2025 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) is pleased to report encouraging new results from its 2025 drilling program at Windfall, part of the Company’s Gold Bar Mine Complex, in the Eureka Mining District of Nevada. The drilling program at Windfall represents one of several initiatives currently underway by the Company to: 1) increase gold resources, 2) extend mine life and 3) lower production costs at the Gold Bar Mine.
Windfall was acquired by McEwen as part of the Timberline Resources purchase in 2024. At the time of acquisition, Timberline had published a resource estimate for the Eureka Property (Timberline Resources S-K 1300 report, 2023), which contained:
423,000 ounces gold in the Measured and Indicated categories, from 23,423,000 tonnes grading 0.56 grams per tonne (gpt) gold (Au), or 25,819,000 tons grading 0.017 ounces per ton (oz/T) Au; and
84,000 ounces gold in the Inferred category, from 6,641,000 tonnes grading 0.39 gpt Au, or 7,322,000 tons grading 0.011 oz/T Au.
Incorporating the 2024-2025 Windfall drill results into the estimate is expected to have a positive impact on the resource size.
It has been the Company’s view that there is an opportunity to meaningfully increase the gold resources and incorporate them into the plan for the Gold Bar Mine (now referred to as the Gold Bar Mine Complex), where the average grade mined during the first half of 2025 was 0.76 gpt (0.022 oz/T) Au. The latest drilling results continue to validate this view. Notably, the Windfall area, which was not included in the previous resource estimate, continues to build on its earlier encouraging results.
...
https://www.mcewenmining.com/investor-relations/...eters/default.aspx
October 22, 2025
TORONTO, Oct. 22, 2025 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) is pleased to report encouraging new results from its 2025 drilling program at Windfall, part of the Company’s Gold Bar Mine Complex, in the Eureka Mining District of Nevada. The drilling program at Windfall represents one of several initiatives currently underway by the Company to: 1) increase gold resources, 2) extend mine life and 3) lower production costs at the Gold Bar Mine.
Windfall was acquired by McEwen as part of the Timberline Resources purchase in 2024. At the time of acquisition, Timberline had published a resource estimate for the Eureka Property (Timberline Resources S-K 1300 report, 2023), which contained:
423,000 ounces gold in the Measured and Indicated categories, from 23,423,000 tonnes grading 0.56 grams per tonne (gpt) gold (Au), or 25,819,000 tons grading 0.017 ounces per ton (oz/T) Au; and
84,000 ounces gold in the Inferred category, from 6,641,000 tonnes grading 0.39 gpt Au, or 7,322,000 tons grading 0.011 oz/T Au.
Incorporating the 2024-2025 Windfall drill results into the estimate is expected to have a positive impact on the resource size.
It has been the Company’s view that there is an opportunity to meaningfully increase the gold resources and incorporate them into the plan for the Gold Bar Mine (now referred to as the Gold Bar Mine Complex), where the average grade mined during the first half of 2025 was 0.76 gpt (0.022 oz/T) Au. The latest drilling results continue to validate this view. Notably, the Windfall area, which was not included in the previous resource estimate, continues to build on its earlier encouraging results.
...
https://www.mcewenmining.com/investor-relations/...eters/default.aspx