Mcewen mining closes flow-through financing

Toronto, march 02, 2022 (globe newswire) -- mcewen mining inc. (nyse: mux) (tsx: mux) is pleased to announce the closing of the previously announced private placement offering (the “offering”) of 14,500,000 flow-through common shares (within the meaning of subsection 66(15) of the income tax act (canada)) priced at us$1.04 (cdn$1.325) per flow-through common share for total gross proceeds of us$15,080,000 (cdn$19,212,500). the sole bookrunner for the offering was cantor fitzgerald canada corporation and peartree canada structured the flow-through donation placement.
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