McEwen Inc. to Acquire Canadian Gold in All-Stock Deal, Adding High-Grade Tartan Mine

July 28th, 2025 1:15 PM
By: Newsworthy Staff

McEwen Inc. announces an all-stock acquisition of Canadian Gold Corp., including the high-grade Tartan Mine, enhancing its portfolio with potential for quick production restart.

McEwen Inc. to Acquire Canadian Gold in All-Stock Deal, Adding High-Grade Tartan Mine

McEwen Inc. (NYSE: MUX) (TSX: MUX) has entered into a binding letter of intent to acquire Canadian Gold Corp. (TSX-V: CGC) in an all-stock transaction, offering Canadian Gold shareholders a 26% premium. This strategic move adds the high-grade Tartan Mine in Manitoba to McEwen's assets, alongside properties in Ontario and Quebec, with the potential to restart production within 24 to 36 months. The acquisition underscores McEwen's commitment to expanding its mining operations and leveraging existing infrastructure for growth. For more details, visit https://ibn.fm/xw04x.

Source Statement

This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,

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