Your email has been successfully added to our mailing list.

×
0 3.59712230214989E-05 0.000899280575539549 0.0035971223021582 0.00224820143884895 -0.00899280575539565 -0.0080935251798561 -0.00989208633093536
Stock impact report

McEwen Mining Announces Friendly Acquisition of Timberline Resources [Financial Post (Toronto, Ontario, Canada)]

McEwen Mining Inc. (MUX) 
Last mcewen mining inc. earnings: 3/16 05:01 pm Check Earnings Report
Company Research Source: Financial Post
TORONTO, April 16, 2024 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) (“McEwen”) is pleased to announce that it has entered into a definitive agreement and plan of merger (the “Agreement”) to acquire all of the issued and outstanding shares of Timberline Resources Corporation (TSXV:TBR)(OTCQB:TLRS) (“Timberline”) by way of a merger between Timberline and a subsidiary of McEwen (the “Transaction”). The Transaction will augment McEwen's existing portfolio of development and exploration projects in Nevada. Article content Timberline shareholders will have the right to receive 0.01 of a share of McEwen's common stock for each share of Timberline's common stock (the “Exchange Ratio”), representing a value of US$0.102 per Timberline share, calculated based on the 20-day volume weighted average trading price of McEwen's shares on the NYSE at the close on April 15 th , 2024. This represents an 132% premium to Timberline's 20-day volume-weighted average price on the OTCQB. M Show less Read more
Impact Snapshot
Event Time:
MUX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MUX alerts
Opt-in for
MUX alerts

from News Quantified
Opt-in for
MUX alerts

from News Quantified