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Stock impact report

Rob McEwen A Cornerstone Strategic Investor Increases Direct Ownership In Goliath Resources Limited [Yahoo! Finance]

McEwen Inc. (MUX) 
Last mcewen inc. earnings: 3/16 05:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
to report Rob McEwen a cornerstone strategic investor has increased his direct ownership by exercising all of his warrants for total proceeds of $1,214,285. This exercise takes Rob's direct ownership to 4,445,142 common shares of the Company representing 2.6% of the total issued and outstanding shares. McEwen Inc. (TSX: MUX, NYSE: MUX) an additional cornerstone strategic investor holds 5,181,347 common shares in Goliath plus 2,590,673 warrants. These warrants have a strike price of $2.50 expiring March 10, 2026 representing $6,476,683 and if exercised, McEwen Inc. would own directly 7,772,020 of the Company or ~4.5%. Roger Rosmus, Founder and CEO of Goliath, states: “We want to thank the continued support of all our cornerstone strategic and long term investors, specifically Rob McEwen for the exercise of his warrants. The funds received of $1,214,285 will further enhance and strengthen Goliath's already healthy financial position.” About Golddigger Property The Golddigger Pro Show less Read more
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