Bullboard - Stock Discussion Forum McEwen Mining Inc MUX

Alternate Symbol(s): T.MUX

Metals & Mining Gold

McEwen Mining Inc. is a gold and silver producer. It owns over 48% of McEwen Copper Inc., which owns the Los Azules copper project in Argentina. Its segments include Canada, United States, Mexico, Minera Santa Cruz S.A. (MSC) and McEwen Copper. The United States segment includes the Gold Bar mine and its exploration properties in the State of Nevada. Canada segment includes the Fox Complex gold... see more

Add To Watchlist

NYSE:MUX - Post Discussion

McEwen Mining Inc > Amends Term Loan Facility and Raises Additional $15 Million

View:

Post by Betteryear2 on Apr 05, 2022 7:12pm

Amends Term Loan Facility and Raises Additional $15 Million

TORONTO, April 05, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX)(“McEwen” or the “Company”) is pleased to announce that it has amended its $50 million senior secured term loan facility (the “Term Loan”) to gain financial flexibility and entered into a new $15 million unsecured subordinated promissory note (the “Promissory Note”).

McEwen Mining Amends Term Loan Facility and Raises Additional $15 Million from Rob McEwen

338

Comment

Comment by Tikinagan on Apr 05, 2022 9:31pm

If you read the whole release, MUX is a mess. Weather too cold at Fox, and progress (sure) at Los Azules. I have had pieces of this operation for 30 plus years, but now I am down to a couple of LEAPS (of faith?) Deep sigh.

339

Comment

McEwen Mining Inc