---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-048473"
form_type: "8-K"
ticker: "MUX"
cik: "0000314203"
company_name: "McEwen Inc."
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T19:46:51.161504+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# McEwen Mining acquires Timberline Resources in stock-for-stock merger at 0.01x ratio

## Summary
- Each Timberline share converts to 0.01 McEwen share; fractional shares rounded up to whole share.
- Bridge loan from McEwen to Timberline up to monthly budget at 15% annual interest, matures Oct 15, 2024.
- Termination fee of $400,000 payable by Timberline if it accepts a superior proposal or changes recommendation.
- Directors and significant stockholders of Timberline sign voting agreement to support the merger.
- Closing expected by Oct 13, 2024, subject to Timberline stockholder approval, SEC effectiveness, and listing.

## SEC filing metadata
- accession: 0001104659-24-048473
- form_type: 8-K
- ticker: MUX
- cik: 0000314203
- company_name: McEwen Inc.
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314203/000110465924048473/0001104659-24-048473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314203/000110465924048473/tm2412108d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-048473
- JSON: https://secwatch.observer/filing/0001104659-24-048473.json
- Plain text: https://secwatch.observer/filing/0001104659-24-048473.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.