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McEwen Inc. and Canadian Gold Corp. Announce Letter of Intent - McEwen (NYSE:MUX)

MANITOBA, CANADA, JUL 28 – McEwen will acquire Canadian Gold, adding a high-grade former mine with 277,000 oz gold resources and offering Canadian Gold shareholders a 26% premium, subject to approvals.

Summary by Benzinga
TORONTO and FLIN FLON, Manitoba, July 28, 2025 (GLOBE NEWSWIRE) -- McEwen Inc. ("McEwen") (NYSE:MUX) (TSX:MUX) and Canadian Gold Corp. ("Canadian Gold") (TSXV:CGC) are pleased to announce that they have entered into a binding letter of intent (the "LOI") on July 27, 2025 in respect of a proposed transaction (the "Proposed Transaction"), whereby McEwen would acquire all of the issued and outstanding securities of Canadian Gold by way of plan of a…

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Benzinga broke the news in New York, United States on Monday, July 28, 2025.
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