McEwen Mining prices $22M flow-through offering at 19% premium to market

McEwen Inc.

Offering of 1,533,000 flow-through shares for gross proceeds of US$22.0M; net proceeds ~US$20.9M.
Priced at US$14.36 (Cdn$19.59) per share, a 19% premium to prevailing market price.
Proceeds used for exploration drilling and underground ramp development at Fox Complex, Timmins.
Two tranches: 643,000 CEE shares at $15.56 and 890,000 CDE shares at $13.49.
Expected closing June 14, 2024, subject to TSX and NYSE approval.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.