secwatch.observer — SEC 8-K summary
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Issuer:     McEwen Inc. (MUX)
CIK:        0000314203
Form:       8-K
Filed at:   2021-10-04T23:59:59+00:00
Accession:  0001104659-21-122419
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greg Fauquier resigns from McEwen board; William Shaver appointed; Los Azules 53,000m drilling program set for Nov 2021
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- Gregory Fauquier resigned as director effective Sept 28, 2021; no disagreement expressed.
- William Shaver appointed to board; he will also serve on Environmental, Health and Safety Committee.
- Los Azules project: 53,000-meter drilling program to upgrade Inferred resources to Indicated; first 2 rigs arrive Nov 2021, full 10 by Jan 2022.
- First tranche of $40M private placement closed Aug 2021; second tranche expected to close shortly.
- New all-season access road to Los Azules expected completion H2 2022; 48 miles of existing road cleared.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/314203/000110465921122419/0001104659-21-122419-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/314203/000110465921122419/tm2128925d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-122419

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