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

Reuters
2025.12.22 21:31
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McEwen Inc. announced a private placement of 565,000 flow-through shares, raising $12.4 million. The placement includes 215,000 Canadian Exploration Expense shares at $23.80 each, closed on Dec 19, 2025, and 350,000 Canadian Development Expense shares at $20.90 each, closing in Jan 2026. The shares offer potential tax benefits if used for qualified expenses. The transaction complies with U.S. and Canadian securities regulations.