McEwen Mining closes US$22M flow-through offering; proceeds for Fox Complex exploration

McEwen Inc.

Gross proceeds US$22.0M from 1,533,000 flow-through shares at blended avg price US$14.36 (Cdn$19.59), a 19% premium to May 27 close.
Net proceeds ~US$20.8M after placement fees; funds exploration drilling and underground ramp development at Fox Complex in Timmins.
Offering comprised 643,000 CEE shares at US$15.56 and 890,000 CDE shares at US$13.49.
Syndicate led by Cantor Fitzgerald Canada and Cantor Fitzgerald & Co. with Roth Capital, A.G.P., H.C. Wainwright.

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.