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JD400

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JD400

Re: None

Thursday, 03/07/2019 10:46:29 AM

Thursday, March 07, 2019 10:46:29 AM

Post# of 44414
McEwen Mining Suspends Distribution


GlobeNewswire•March 7, 2019

TORONTO, March 07, 2019 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (MUX) (MUX.TO) has decided to suspend the distribution of ½ cent per share, which would have been paid on March 15th to shareholders of record on March 8th, 2019.

“We have experienced operating issues at our Black Fox Mine and with the startup of our Gold Bar Mine. While viewed as temporary, these issues have resulted in much lower revenue this quarter than planned. As a result, we decided the prudent and responsible course of action was to conserve our cash and suspend the distribution,” said Rob McEwen, Chairman and Chief Owner.

https://finance.yahoo.com/news/mcewen-mining-suspends-distribution-105748977.html

MUX

Thats OK Rob your stock is no longer an investment for us retail players anyway.

IMO
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