Mcewen mining announces friendly acquisition of timberline resources

Toronto, april 16, 2024 (globe newswire) -- mcewen mining inc. (nyse: mux)(tsx: mux) (“mcewen”) is pleased to announce that it has entered into a definitive agreement and plan of merger (the “agreement”) to acquire all of the issued and outstanding shares of timberline resources corporation (tsxv:tbr)(otcqb:tlrs) (“timberline”) by way of a merger between timberline and a subsidiary of mcewen (the “transaction”). the transaction will augment mcewen's existing portfolio of development and exploration projects in nevada.
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