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Stock impact report

McEwen Completes the Acquisition of Canadian Gold Corp. Under a Statutory Plan of Arrangement [Yahoo! Finance]

McEwen Inc. (MUX) 
Last mcewen inc. earnings: 3/16 05:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On January 6, McEwen Inc. (NYSE:MUX) completed its acquisition of Canadian Gold Corp. (CGC) under a statutory plan of arrangement, as previously announced. Under the agreed terms, each Canadian Gold share will convert into 0.0225 MUX common shares, consolidating CGC holders into MUX books. Whereas, Canadian Gold will be delisted from the TSX Venture on January 7, 2026. Following the closing of the arrangement agreement on January 5, 2026, the arrangement grants McEwen control of the Tartan mine asset in Manitoba. The new management intends to expand and accelerate exploration and commence mining plans once it has full control over the asset. McEwen plans to report on the updated resource estimate for Tartan in February 2026 to redefine development goals. Rob McEwen, Chairman and Chief Owner, said: We see strong exploration and development potential of Tartan, which we believe will significantly contribute to shareholder value. Our immediate priorities are to accelerate and expand Show less Read more
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