Page 19 - Fox Complex News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: TORONTO, Jan. 08, 2021 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce a financing to fund development of the Froome deposit, which is expected to reach commercial production in Q4 2021, located at the Fox Complex in the Timmins region of Ontario. The financing consists of a US$11,821,000 (Cdn$15,000,000) private placement offering (the "Offering") of 11,628,000 flow-through common shares (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) priced at US$1.02 (Cdn$1.29) per flow-through common share (the "Offering Price") led...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. McEwen Mining Announces Flow-Through Financing McEwen MiningJanuary 8, 2021 GMT TORONTO, Jan. 08, 2021 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce a financing to fund development of the Froome deposit, which is expected to reach commercial production in Q4 2021, located at the Fox Complex in the Timmins region of Ontario. The financing consists of a US$11,821,000 (Cdn$15,000,000) private placement offering (the “Offering”) of 11,628,000 flow-through c...

Share: TORONTO, Dec. 31, 2020 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce that it has closed its previously announced non-brokered private placement, issuing 7,669,900 common shares of the Corporation on a flow-through basis (the " FT Shares") at a price per share of CDN $1.63 per FT Share for total gross proceeds of CDN$12,500,000. Rob McEwen commented: "These funds will be used for exploration to facilitate the rapid expansion of our discoveries at Stock and Grey Fox, which are key elements in our plans for growing the Fox Complex annual gold produ...

McEwen pouring $12.5 million into Timmins gold exploration Flow through share money earmarked to expand gold base at Stock and Grey Fox properties Dec 31, 2020 3:00 PM By: Northern Ontario Business Staff (McEwen Mining photo) McEwen Mining has raised $12.5 million to spend on exploration of some burgeoning gold property, east of Timmins. The Toronto mid-tier miner announced Dec. 31 that it had closed a flow through share offering, launched at mid-month, for ongoing activity at its Timmins area gold projects. “These funds will be used for exploration to facili...