McEwen receives $49.4M San José dividend; 2026 total $58.2M, exceeds forecast

McEwen Inc.

The $49.4M dividend brings 2026 San José dividends to $58.2M, exceeding original full-year expectation of $40-50M.
As of March 31, 2026: cash $56.5M, McEwen Copper investment valued at $457M, debt $110M convertible notes plus $20M term loan.
Attributable 2026 production guidance: 59,000-64,000 GEOs from 49% interest; AISC $2,300-$2,500 per GEO.
Near-term growth: Stock Mine initial production H2 2026, Grey Fox PFS nearing completion, El Gallo Phase 1 production mid-2027.
Company targeting doubling production to 250,000-300,000 GEOs by 2030, funded by internal cash generation.

item 8.01 item 9.01

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