McEwen Copper Announces $70 Million Financing to Advance the Los Azules Copper Project
MUXMcEwen Mining(MUX) GlobeNewswire News Room·2024-06-25 05:36

TORONTO, June 24, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE and TSX: MUX) announces a non-brokered private placement financing of up to 2,333,333 common shares of its wholly-owned subsidiary McEwen Copper Inc. at a subscription price of US30.00percommonshare,forgrossproceedsofuptoUS30.00 per common share, for gross proceeds of up to US70 million (the "Offering"). McEwen Copper currently has 30,937,615 common shares outstanding (basic and diluted). Lead orders to purchase 27% of the total Offering have been committed by McEwen Mining and Rob ...