11 Sept 2020capital raising announcement● Neutral
Raised $10.4 million in a Cantor Fitzgerald Canada-led "bought deal" flow-through offering, again for exploration and development spending.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
11 Aug 2020quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $18.3 million and a net loss of $19.8 million for the period ended 2020-06-30.
7 Aug 2020quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $18.3 million and a net loss of $19.8 million for the period ended 2020-06-30.
6 Aug 2020quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $18.3 million and a net loss of $19.8 million for the period ended 2020-06-30.
17 July 2020quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $18.3 million and a net loss of $19.8 million for the period ended 2020-06-30.
29 June 2020debt financing▲ GoodMajor
McEwen refinanced its $50 million secured term loan, bringing in Sprott Private Resource Lending as the new administrative agent and lender alongside insider lender Evanachan (owned by Chairman Rob McEwen); the same 9.75% rate applies, but principal repayment was pushed back to start in August 2022 with the balance due August 2023, giving the company more runway.
18 June 2020resource reserve update● NeutralMajor
McEwen's Black Fox mine, which had been suspended for three weeks in the spring due to COVID-19, was back operating under health guidelines with no new local cases reported since May, while underground exploration drilling turned up promising high-grade gold results extending the mine to the west.
16 June 2020director interest notice● Neutral
McEwen Inc. Chairman and CEO 2190303 Ontario INC. bought 100,000 shares on the open market.
27 May 2020director interest notice● Neutral
McEwen Inc. Chairman and CEO 2190303 Ontario INC. bought 4,000,000 shares on the open market.
19 May 2020quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $31.4 million and a net loss of $99.2 million for the period ended 2020-03-31.
18 May 2020quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $31.4 million and a net loss of $99.2 million for the period ended 2020-03-31.
12 May 2020late filing notice▼ Bad
McEwen Inc. notified the SEC that its quarterly report would be filed late.
14 Apr 2020quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $31.4 million and a net loss of $99.2 million for the period ended 2020-03-31.
7 Apr 2020director interest notice● Neutral
G. Peter Mah became a McEwen Inc. Chief Operating Officer and company insider (initial ownership filing).
7 Apr 2020director interest notice● Neutral
McEwen Inc. Chief Operating Officer G. Peter Mah received a stock option grant for 300,000 shares.
30 Mar 2020listing compliance notice▼ BadMajor
For the second time (after 2015), McEwen fell below the NYSE's $1.00 minimum share price requirement as the stock slid amid COVID-19 market turmoil, triggering a six-month cure period and the ".BC" ticker designation.
15 Jan 2020quarterly activities report▼ Bad
McEwen Inc. reported a quarterly net loss of $25.1 million for the period ended 2019-12-31.
7 Jan 2020substantial holder notice● Neutral
Van Eck Associates Corporation reported a McEwen Inc. shareholding of 17,485,796 shares (4.09% of votes) in a periodic institutional filing.
22 Nov 2019material agreement▲ GoodMajor
McEwen raised about $50 million in an underwritten public offering of stock-and-warrant units at $1.325/unit, with underwriters fully exercising their option for extra warrants - a straightforward, non-insider capital raise.
20 Nov 2019securities registration● Neutral
McEwen Inc. filed a prospectus supplement for an offering off its existing shelf.
19 Nov 2019securities registration● Neutral
McEwen Inc. filed a prospectus supplement for an offering off its existing shelf.
8 Nov 2019securities registration● Neutral
McEwen Inc. registered a securities offering with the SEC using its shelf eligibility.
30 Oct 2019quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $32.7 million and a net loss of $11.5 million for the period ended 2019-09-30.
17 Oct 2019quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $32.7 million and a net loss of $11.5 million for the period ended 2019-09-30.
10 Sept 2019production update▼ BadMajor
Alongside more promising 147NE exploration results, McEwen disclosed it was cutting production guidance at both Gold Bar and Black Fox - Gold Bar's startup delays pushed output from 2019 into 2020, and Black Fox slowed on underground development - even as its Argentina and Mexico operations (60% of guidance) stayed on track.
31 July 2019quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $36.4 million and a net loss of $13.0 million for the period ended 2019-06-30.
30 July 2019quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $36.4 million and a net loss of $13.0 million for the period ended 2019-06-30.
25 July 2019resource reserve update▲ GoodMajor
McEwen's Grey Fox deposit near Black Fox grew again - Indicated gold resources up 22% to 567,000 oz at 7.10 g/t and Inferred up 35% - driven by a new discovery zone (147NE) that a study is now evaluating for underground mining.
17 July 2019quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $36.4 million and a net loss of $13.0 million for the period ended 2019-06-30.
1 May 2019quarterly activities report▼ Bad
McEwen Inc. reported quarterly revenue of $15.6 million and a net loss of $10.1 million for the period ended 2019-03-31.