McEwen Mining launches private placement to fund Timmins exploration [Seeking Alpha]
McEwen Mining Inc. (MUX)
Last mcewen mining inc. earnings: 3/16 05:01 pm
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Source: Seeking Alpha
McEwen Mining launches private placement to fund Timmins explorationMcEwen Mining (NYSE:MUX) today unveiled afinancing plan consisting of a $10M bought deal private placement offering of 4M flow-through common shares for its planned exploration program at newly acquired properties near Timmins, Ontario.MUX says the funds will be used exclusively for exploration activities primarily at the Black Fox property, which was purchased earlier this year from Primero Mining.MUX says deep direction exploration drilling already is underway at Black Fox, which currently hosts resources to a depth of only 880 meters; many mines in the region extend to depths of 1,200-1,600 meters below surface.Now read:McEwen Mining - Investment Or Bet? (Video) »
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MUX
Earnings
- 11/8/23 - Beat
MUX
Analyst Actions
- 3/4/24 - TheStreet
MUX
Sec Filings
- 4/18/24 - Form 8-K
- 3/15/24 - Form 10-K
- 3/1/24 - Form 8-K
- MUX's page on the SEC website