Mergers & Acquisitions
By The Online Investor Staff, updated Fri., Apr. 26, 12:28 PM
Slide #57. McEwen Mining Inc. — Timberline Resources Corporation
Acquirer: |
McEwen Mining Inc. (MUX) |
Acquiree: |
Timberline Resources Corporation (TBR.CA) |
Details: |
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. |
McEwen Mining is a mining and minerals production and exploration company focused on precious and base metals in United States, Canada, Mexico and Argentina. Co. owns the Black Fox Mine and Stock Mill in Ontario, Canada, the Gold Bar mine in Nevada, the formerly-producing El Gallo Project in Sinaloa, Mexico, and Minera Santa Cruz S.A. (MSC), the owner and operator of the San Jose mine in Santa Cruz, Argentina. In addition, Co. holds interests in advanced-stage and exploration-stage properties and projects in in the United States, Canada, Mexico and Argentina, including the Los Azules copper project in Argentina. Co.'s segments include United States, Canada, Mexico, MSC and Los Azules.
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McEwen Mining is a mining and minerals production and exploration company focused on precious and base metals in United States, Canada, Mexico and Argentina. Co. owns the Black Fox Mine and Stock Mill in Ontario, Canada, the Gold Bar mine in Nevada, the formerly-producing El Gallo Project in Sinaloa, Mexico, and Minera Santa Cruz S.A. (MSC), the owner and operator of the San Jose mine in Santa Cruz, Argentina. In addition, Co. holds interests in advanced-stage and exploration-stage properties and projects in in the United States, Canada, Mexico and Argentina, including the Los Azules copper project in Argentina. Co.'s segments include United States, Canada, Mexico, MSC and Los Azules.
MUX SEC Filing Email Alerts Service
Open the TBR.CA Page at The Online Investor »
Company Name: |
McEwen Mining Inc |
Stock buyback: |
MUX buyback |
Website: |
www.mcewenmining.com |
Sector: |
Precious Metals |
Number of ETFs Holding MUX: |
6 |
Total Market Value Held by ETFs: |
$67.81M |
Total Market Capitalization: |
$540.00M |
% of Market Cap. Held by ETFs: |
12.56% |
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