McEwen Signs US$55 Million Agreement to Sell Fuller and Paymaster

McEwen to sell Ontario properties to Discovery Mining in $55M cash-and-stock deal (MUX:NYSE)

McEwen to sell its Fuller and Paymaster properties in Timmins, Ontario, to Discovery Mining subsidiary Dome Mine for $5M in cash and $50M in Discovery common shares.

McEwen Signs US$55 Million Agreement to Sell Fuller and Paymaster

TORONTO, Oct. 09, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) announces that it and its wholly-owned subsidiaries Lexam VG Gold Inc. ("Lexam") and VG Holdings Inc. ("VG" and collectively with Lexam, the "McEwen Subsidiaries") have…

McEwen Inc. to Sell Non-Core Ontario Mining Assets for $55 Million

McEwen Inc. has agreed to sell non-core Ontario mining assets for $55 million to fund its growth strategy and aim for 250,000-300,000 gold equivalent ounces annually by 2030 with minimal dilution. The post McEwen Inc. to Sell Non-Core Ontario Mining Assets for $55 Million appeared first on citybuzz.