McEwen Inc. Acquires 31% Stake in Paragon Geochemical Laboratories

Reuters11-07

McEwen Inc. Acquires 31% Stake in Paragon Geochemical Laboratories

McEwen Inc. has acquired a 31% equity stake in Paragon Geochemical Laboratories Inc., a provider of PhotonAssay™ services to the mining industry. The investment was made through the purchase of 874,288 Paragon shares at a deemed price of CDN$17.50 per share, totaling CDN$15.3 million, paid in McEwen shares. This strategic move gives McEwen Inc. significant exposure to PhotonAssay™, a rapid, accurate, and non-destructive assay technology for gold, silver, and base metals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McEwen Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9570610-en) on November 06, 2025, and is solely responsible for the information contained therein.

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