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Bullboard - Stock Discussion Forum McEwen Mining Inc T.MUX


Primary Symbol: MUX

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

NYSE:MUX - Post Discussion

McEwen Mining Inc > reverse split
View:
Post by Tikinagan on Jul 27, 2022 4:35pm

reverse split

This is a technical question, and probably never actually matter, but anyone know what will happen to $1.00 January calls after the split?
Comment by gisellekronk on Jul 28, 2022 6:46pm
the deliverable shares for the  call will change to reflect the reverse split . the expiry date will stay the same , but if called you will have to deliver 10 of the reveresd split shares , since you are no longer able to deliver 100 pre split shares per contract 
Comment by gisellekronk on Jul 28, 2022 6:52pm
it would be nice if we could edit comments , but i left out , so you do not have to think about being called unless mux is trading at $10.00 or more at option expiry 
Comment by Tikinagan on Jul 29, 2022 7:44pm
Thanks.
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