McEwen Mining (MUX) Boosts Portfolio With Timberline Buyout
MUXMcEwen Mining(MUX) ZACKS·2024-08-23 01:51

McEwen Mining Inc. (MUX) announced that it completed the previously mentioned deal to acquire all issued and outstanding common shares of Timberline Resources Corporation. This move will boost McEwen Mining's existing portfolio of development and exploration projects in Nevada. On Apr 16, 2024, MUX announced that it signed a definitive agreement and a plan of merger with Timberline. The deal was approved by Timberline shareholders on Aug 16, 2024. According to the deal, former Timberline shareholders will r ...