Each one in plain English, with the numbers worked through for a shareholder.
5 May 2026business combination▲ GoodMajor
McEwen closed its acquisition of Golden Lake Exploration, whose Jewel Ridge projects sit directly adjacent to McEwen's own Windfall and Lookout Mountain discoveries in Nevada's Eureka district, folding the land package into the growing Gold Bar Mine Complex; Golden Lake holders received 0.003876 McEwen shares per share and the company was delisted from the CSE.
McEwen published its first formal resource estimate for the newly acquired Tartan Mine (308,900 oz Indicated, 302,700 oz Inferred gold), targeting an initial ~30,000 oz/year restart as part of a broader plan to roughly double the company's total gold production to 250,000-300,000 oz by 2030.
New step-out drilling at the newly acquired Tartan Mine project extended high-grade gold mineralization further along its Western Flank, while McEwen separately released its year-end 2025 resource update for Grey Fox.
McEwen closed its acquisition of Canadian Gold Corp (bringing in the Tartan gold project in Manitoba) after CGC shareholders approved it and a Canadian court signed off; Chairman Rob McEwen's own CGC shares were carved out to receive subscription receipts instead of direct McEwen stock, a late change made to satisfy NYSE requirements on insider share issuances.
22 Dec 2025capital raising announcement▲ GoodMajor
Raised about $12.4 million in a two-part Canadian flow-through offering priced at $20.90-23.80/share - a striking jump from the roughly $1-2/share pricing of the 2020-2021 flow-through rounds, reflecting how much the stock had re-rated since.
McEwen signed a definitive arrangement agreement to acquire Canadian Gold Corp on the same 0.0225-share exchange ratio as June's letter of intent, with a special provision requiring separate stockholder approval for any shares issued to Chairman Rob McEwen (himself a CGC shareholder) above 1% of McEwen's stock, to satisfy NYSE rules on insider transactions.
The bankable Feasibility Study for Los Azules confirmed a massive, economically strong project - $2.9 billion after-tax NPV, 19.8% IRR, 21-year mine life averaging 148,200 tonnes/year of copper cathode - while McEwen Inc.'s own stake in the McEwen Copper vehicle has further thinned to 46.4% as outside capital (now including a strategic collaboration with the IFC on potential project debt financing) keeps funding it toward construction.
McEwen reported strong new drill results at Grey Fox (Gibson and GFS zones) ahead of an October 2025 resource update, and separately announced a new high-grade gold discovery at its Windfall project in Nevada.
Now renamed McEwen Inc., the company signed a binding letter of intent to acquire Canadian Gold Corp in an all-stock deal (0.0225 McEwen shares per CGC share) structured as a plan of arrangement, with a 90-day exclusivity period to negotiate definitive terms.
11 Feb 2025capital raising announcement▲ GoodMajor
Issued $110 million of 5.25% convertible senior notes due 2030 to institutional buyers, netting about $105.9 million - the first time McEwen tapped the public convertible-debt market rather than relying on Evanachan or other private lenders, using the proceeds to fund capped-call hedges, partly repay the Evanachan-led credit facility, and general purposes.
McEwen extended its credit facility with insider lender Evanachan by two years (to 2028) and delayed mandatory principal repayments to 2027, clearing the way to raise up to $110 million in new unsecured convertible notes - but had to pay for the extension by issuing Evanachan shares worth 2% of the outstanding loan balance.
Agreed to a share swap with Goliath Resources: McEwen will issue about 868,000 of its own shares in exchange for roughly 5.2 million Goliath shares and 2.6 million Goliath warrants - a modest cross-holding rather than a major transaction.
19 Aug 2024asset acquisition disposition▲ GoodMajor
McEwen completed its acquisition of Timberline Resources after Timberline shareholders overwhelmingly approved the merger; Timberline is now a wholly owned subsidiary and was delisted from the TSX Venture and OTCQB, bringing McEwen the Eureka project in Nevada for further drilling and development.
18 July 2024asset acquisition disposition▲ GoodMajor
McEwen Mining and Chairman Rob McEwen's company Evanachan each bought more McEwen Copper stock ($14 million and $5 million respectively), part of a larger private placement that could raise up to $70 million for the Los Azules vehicle from outside accredited investors too.
The amendment moved the Timberline record date on again, from 7 June to 8 July 2024, and added a tax warning that matters to overseas holders: because Timberline is a United States real property holding corporation and has been throughout the past five years, non-US shareholders will be taxed on the exchange even though the merger qualifies as a tax-free reorganisation, unless they can claim a treaty exemption.
Amendment to the registration for McEwen's all-stock purchase of Timberline Resources: a fixed 0.01 McEwen share for each Timberline share, worth about 11 cents a Timberline share at the June 7, 2024 close, leaving McEwen's own holders with roughly 96.4% of the company. Timberline owes a $400,000 break fee in the circumstances specified - the scale of the whole thing, an exploration company folded in for a rounding error of the buyer's equity.
27 June 2024capital raising announcement▲ GoodMajor
Announced a new McEwen Copper private placement of up to $70 million at $30/share - a large step up from the $10-26/share range of the 2021-2022 rounds, reflecting the project's growing value as Stellantis and Nuton had bought in.
McEwen arranged a $20.9 million tax-advantaged 'flow-through' share offering in Canada (1.5 million shares, split between exploration- and development-expense classes) through a five-bank syndicate led by Cantor Fitzgerald.
McEwen registered the shares for its takeover of Timberline Resources, its existing joint-venture partner, at a fixed 0.01 McEwen share per Timberline share -- so Timberline holders carry the price risk to closing. McEwen had first approached Timberline about its Eureka project in Nevada in January 2022.
McEwen agreed to acquire Timberline Resources, a Nevada gold explorer, in an all-stock deal (Timberline holders get 0.01 McEwen shares per Timberline share) that will make Timberline a wholly owned subsidiary - a modest-sized bolt-on rather than a transformative deal.
The same-day Timberline merger announcement was separately re-filed under Rule 425's business-combination-communication requirements - a procedural duplicate of the 8-K, not new information.
Nuton topped up its McEwen Copper stake with a further $10 million ($4 million bought directly from McEwen Copper, $6 million bought from parent McEwen Mining), keeping pace as new investors like Stellantis diluted its position.
16 Oct 2023capital raising announcement▲ GoodMajor
Stellantis invested a further $120 million in McEwen Copper through FCA Argentina, its second tranche in under a year, continuing to deepen its stake in Los Azules.
McEwen reported new assay results from the Stock property at its Fox Complex and filed the formal SEC-compliant (S-K 1300) technical report summary for Los Azules, putting the resource estimate behind June's PEA on official U.S. regulatory footing.
A major new Los Azules study built around heap-leaching and cathode production (rather than a conventional concentrator) showed a $2.659 billion after-tax NPV and 21.2% IRR, with the resource itself growing to 10.9 billion lbs of Indicated copper - though the leach-cathode design requires $2.46 billion of initial capital, and McEwen Mining's own stake in the Los Azules vehicle has fallen further to 52% as outside capital keeps funding it.
McEwen refinanced its secured credit facility a third time, fully repaying and removing Sprott as lender and consolidating everything under insider lender Evanachan (owned by Chairman Rob McEwen), which also absorbed a separate $15 million note into the facility - leaving McEwen's own Chairman as its sole secured lender for $40 million.