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Tuesday, 08/18/2020 10:42:02 AM

Tuesday, August 18, 2020 10:42:02 AM

Post# of 7301
McEwen Mining (NYSE:MUX) announces financing of $9.9M bought deal private placement offering of 6M flow-through shares at $1.65/per flow-through share led by Cantor Fitzgerald Canada as sole bookrunner, and includes Roth Capital Partners, Red Cloud Securities and Maison Placements Canada.

The price represents a premium of 21% over last closing price of $1.36.

The Offering is expected to close by Sept 10.

Proceeds will be used for generative exploration activities on McEwen’s properties in the Timmins region.


Harleyman!






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