---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-010912"
form_type: "8-K"
ticker: null
cik: "0001288750"
company_name: "Timberline Resources Corp"
filed_at: "2024-08-19T23:59:59+00:00"
generated_at: "2026-05-31T08:38:26.294240+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Timberline Resources acquired by McEwen Mining; TLRS shareholders receive 0.01 MUX per share

## Summary
- Merger closed Aug 19, 2024; Timberline becomes wholly owned subsidiary of McEwen Mining.
- Each TLRS share converted into 0.01 of a McEwen (MUX) share; fractional shares rounded up.
- Stockholders approved merger with 99.98% of votes cast, representing ~62.5% of outstanding shares.
- TLRS common stock to be delisted from TSXV and OTCQB following closing.
- All directors/officers of Timberline replaced; Stefan Spears appointed as director and Treasurer.

## SEC filing metadata
- accession: 0001654954-24-010912
- form_type: 8-K
- cik: 0001288750
- company_name: Timberline Resources Corp
- filed_at: 2024-08-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 3.01, 5.01, 3.03, 5.03, 5.02, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1288750/000165495424010912/0001654954-24-010912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1288750/000165495424010912/tlrs_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-010912
- JSON: https://secwatch.observer/filing/0001654954-24-010912.json
- Plain text: https://secwatch.observer/filing/0001654954-24-010912.txt

## Key facts
- Executive change
  Stefan Spears was appointed as Director and Treasurer at Timberline Resources Corp.
  - Action: appointed
  - Role: Director and Treasurer
  source text: Stefan Spears, the sole director and officer of Merger Sub, became the director and Treasurer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1288750/000165495424010912/0001654954-24-010912-index.htm
- M&A Transactions
  Timberline Resources Corp underwent a change of control involving McEwen Mining Inc. for 0.01 of a share of McEwen's common stock per Timberline share (closed 2024-08-19).
  - Action: change of control
  - Counterparty: McEwen Mining Inc.
  - Consideration: 0.01 of a share of McEwen's common stock per Timberline share
  - Closing: 2024-08-19
  source text: Time and in accordance with the Merger Agreement, each outstanding share of common stock of the Company (each, a “ Company Share ”) was converted into the right to receive 0.01 (the “ Exchange Ratio ”) of a share of common stock of McEwen, no par value per share (each, a “ McEwen Share ”). Any stockholder of the Company who would otherwise be entitled to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1288750/000165495424010912/0001654954-24-010912-index.htm

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