McEwen Inc. Sells 565,000 Flow-Through Shares in $12.4 Million Private Placement

Reuters05:31

McEwen Inc. Sells 565,000 Flow-Through Shares in $12.4 Million Private Placement

McEwen Inc. has announced definitive agreements for a private placement involving the sale of 565,000 flow-through common shares, raising approximately $12.4 million after fees. The offering includes 215,000 "Canadian Exploration Expense" flow-through shares at US$23.80 per share, which closed on December 19, 2025, and 350,000 "Canadian Development Expense" flow-through shares at US$20.90 per share, expected to close in January 2026. The shares were offered through exempt transactions under U.S. and Canadian securities regulations, providing potential tax benefits to purchasers if the funds are used for qualified exploration or development expenses.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-123759), on December 22, 2025, and is solely responsible for the information contained therein.

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