secwatch.observer — SEC 8-K summary
======================================

Issuer:     McEwen Inc. (MUX)
CIK:        0000314203
Form:       8-K
Filed at:   2026-10-13T20:15:22+00:00
Accession:  0001104659-26-115508
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

McEwen sells Fuller and Paymaster properties for US$55M; adds $13.5M from McEwen Copper debt assignment
--------------------------------------------------------------------------------

- McEwen and units Lexam VG Gold and VG Holdings will sell Fuller (210 ha) and Lexam's 60% Paymaster (179 ha) interests in Timmins, Ontario to Dome Mine Ltd.
- Consideration: US$5.0M cash plus US$50.0M in Discovery Mining Ltd. common shares, priced on 5-day TSX VWAP; shares carry a 4-month-and-1-day hold.
- Closing is subject to customary conditions including TSX approval for issuance of the Discovery shares.
- McEwen also received US$13.5M cash by assigning its McEwen Copper loan receivable to new third-party lenders; related McEwen Copper warrants were cancelled.
- Company says the ~US$68.5M total funds growth capex toward its 250,000-300,000 GEOs/year by 2030 goal; Stock Mine output Q4 2026, El Gallo H2 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/314203/000110465926115508/0001104659-26-115508-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/314203/000110465926115508/tm2627520d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-115508

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer