Coeur Mining exchanges $15M of 5.125% Senior Notes due 2029 for 4.77M common shares

Coeur Mining, Inc.

Exchanged $15.0M aggregate principal of 5.125% Senior Notes due 2029 for 4,774,350 shares of common stock.
Shares issued in a privately negotiated agreement dated May 25, 2023, under Section 3(a)(9) exemption.
Transaction reduces outstanding debt by $15M, though it increases common shares outstanding by ~4.77M.
No cash was exchanged; the swap is effective immediately upon agreement.

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