McEwen (NYSE: MUX) to acquire Golden Lake after new drill results

Rhea-AI Filing Summary

McEwen Inc. furnished an update on exploration results and a new acquisition agreement. The company issued a press release on January 27, 2026 detailing drill results from its Gold Bar Mine Complex, giving investors more information about ongoing exploration activity.

On January 28, 2026, McEwen Inc. announced it had entered into a definitive agreement to acquire all outstanding shares of Golden Lake Exploration Inc. by way of a plan of arrangement. Both press releases are provided as exhibits, and the company highlights extensive forward-looking risk factors related to metal prices, permitting, construction costs, foreign operations, and capital markets conditions.

Insights

Mining sector and M&A analyst

McEwen pairs encouraging drill news with a small exploration-focused acquisition, but financial terms are not detailed here.

McEwen Inc. is combining operational news with corporate development. One press release covers drill results from the Gold Bar Mine Complex, which speaks to the potential to expand or better define its resource base at an existing operation.

A second press release describes a definitive agreement to acquire all outstanding shares of Golden Lake Exploration Inc. via a plan of arrangement, signaling a strategic move to add exploration or development assets. The impact depends on the acquired portfolio and ultimate resource conversion.

The company underscores extensive forward-looking risks, including commodity price volatility, permitting, construction, capital markets, and foreign exchange. These caution that drill success and acquisitions do not guarantee future production or returns, and actual outcomes will hinge on execution and external market conditions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):        January 27, 2026

McEWEN INC.

(Exact name of registrant as specified in its charter)

Colorado		001-33190		84-0796160
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

150 King Street West, Suite 2800 Toronto, Ontario, Canada	M5H 1J9
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number including area code:       (866) 441-0690

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		MUX		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 7.01   Regulation FD Disclosure.

On January 27, 2026, McEwen Inc. (the “Company”) issued a press release announcing the drill results from the Gold Bar Mine Complex. A copy of the press release is furnished with this report as Exhibit 99.1. Investors and other interested parties are encouraged to read in its entirety the press release because it contains important information not otherwise described herein.

On January 28, 2026, the Company also announced that it had entered into a definitive agreement to acquire all of the outstanding shares of Golden Lake Exploration Inc. by way of plan of arrangement. A copy of the press release is furnished with this report as Exhibit 99.2. Investors and other interested parties are encouraged to read in its entirety the press release because it contains important information not otherwise described herein.

The information furnished under this Item 7.01, including the referenced exhibits, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by reference to such filing.

Item 9.01    Financial Statements and Exhibits.

(d)            Exhibits. The following exhibits are furnished or filed with this report, as applicable:

Exhibit No.		Description
99.1		Press Release, dated January 27, 2026
99.2		Press Release, dated January 28, 2026
104		Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document

Cautionary Statement

With the exception of historical matters, the press releases contain certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as of the date of the respective press releases, are estimates, forecasts, projections, expectations, or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic, and competitive uncertainties, risks, and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, fluctuations in the market price of precious and base metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the Company to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, foreign exchange volatility, foreign exchange controls, foreign currency risk, and other risks. Readers should not place undue reliance on forward-looking statements or information included in the press release, which speak only as of the date thereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in the press releases are qualified by this cautionary statement.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	McEWEN INC.
Date: February 2, 2026	By:	/s/ Carmen Diges
		Carmen Diges, General Counsel

FAQ

What did McEwen Inc. (MUX) disclose about the Gold Bar Mine Complex?

McEwen Inc. disclosed that it issued a press release on January 27, 2026 announcing drill results at its Gold Bar Mine Complex. The Form 8-K indicates this release provides important exploration information and is furnished as Exhibit 99.1 for investors to review in full.

What acquisition did McEwen Inc. (MUX) announce in this 8-K filing?

McEwen Inc. announced a definitive agreement to acquire all outstanding shares of Golden Lake Exploration Inc. by way of a plan of arrangement. This transaction was detailed in a January 28, 2026 press release, which is furnished with the filing as Exhibit 99.2.

Under which item does McEwen Inc. present these press releases in the 8-K?

The press releases are presented under Item 7.01, Regulation FD Disclosure. McEwen Inc. notes that the information, including Exhibits 99.1 and 99.2, is furnished rather than filed and is not automatically incorporated into Securities Act filings unless specifically referenced.

What risks does McEwen Inc. highlight in connection with its forward-looking statements?

McEwen Inc. highlights risks including fluctuations in precious and base metal prices, mining industry risks, permitting and construction uncertainties, capital markets conditions, environmental hazards, litigation, and foreign exchange volatility. These factors could cause actual results to differ materially from the forward-looking statements in the press releases.

Where can investors find more details on McEwen Inc.’s risk factors?

Investors are directed to McEwen Inc.’s Annual Report on Form 10-K for the year ended December 31, 2024 and other SEC filings. Under the "Risk Factors" caption in those documents, the company provides additional detail on uncertainties related to operations, markets, and financial conditions.

Which exhibits are included with McEwen Inc.’s January 2026 Form 8-K?

The filing includes Exhibit 99.1, a January 27, 2026 press release on Gold Bar drill results; Exhibit 99.2, a January 28, 2026 press release on the Golden Lake Exploration acquisition agreement; and Exhibit 104, the cover page Inline XBRL data file with embedded XBRL tags.