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McEwen Inc 8-K Filings

MUX NYSE

Every 8-K that McEwen Inc (MUX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow MUX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MUX filings page.

Rhea-AI Summary

McEwen Inc. (MUX) reports that its 46.3%-owned subsidiary McEwen Copper Inc. has closed a $240 million senior secured 4-year term loan facility with a lender syndicate to advance the Los Azules copper project in San Juan, Argentina and for general corporate purposes. Participants include $112 million from Sprott Natural Resource Investment Partners and $85 million from Rob McEwen, with other lenders providing $43 million. The loan bears 12.0% annual interest, payable monthly, and may be prepaid with a 5% principal fee.

Lenders received 15,000 McEwen Copper warrants per $1 million of principal, each with a $40 exercise price and 5‑year term. Work at Los Azules is progressing toward a final investment decision expected in mid‑2027, with commercial copper cathode production targeted for 2030, subject to financing and approvals. McEwen holds a 1.25% NSR royalty on Los Azules, projected to generate approximately $584 million from the initial case and $860 million from the potential Nuton extension, for combined undiscounted pre‑tax royalty cash flow of about $1.4 billion based on the 2025 Feasibility Study and a $6.50/lb copper price.

Rhea-AI Summary

McEwen Inc. (MUX) reported that Chief Operating Officer and director William Shaver retired from both roles at the company effective August 24, 2026; the retirement is stated not to result from any disagreement. He continues to serve on the board of McEwen Copper, in which McEwen holds a 46.3% interest.

McEwen promoted Channa Kumarage to Vice President, Operations; Kevin Bromfield to Vice President, Development Projects; and Zahir Jina to Vice President, Permitting, Government Relations and Sustainability, aligning leadership with its goal of reaching 250,000–300,000 GEOs by 2030. The company highlights a large copper development portfolio, including Los Azules in Argentina and a 1.25% NSR on that project.

Based on McEwen Copper’s October 2024 financing, the implied value of McEwen’s stake is US$456 million$6.50/lb, the 2025 Feasibility Study projects undiscounted pre-tax royalty cash flow of about $584 million from the initial case and $860 million from the Nuton extension, for approximately $1.4 billion combined. Chairman and Chief Owner Rob McEwen has personally invested over US$290 million and takes a $1 annual salary.

Rhea-AI Summary

McEwen Inc. reported stronger Q2 2026 results. Revenue rose 27% to $59 from $46 on sales of 13,948 GEOs, as the average realized gold price increased to $4,454 per GEO from $3,298. Gross profit was $20 versus $12 a year earlier. Net income increased to $9 or $0.16 per share, compared with $3 or $0.06. Adjusted EBITDA grew to $22 or $0.37 per share from $17 or $0.32. Cash and equivalents were $78 at June 30, 2026, up from $51 at year-end, with debt principal steady at $130. McEwen received a $49 dividend from the San José Mine in Q2, bringing 2026 dividends to $58, above the prior $40–$50 target.

Consolidated Q2 production was 13,852 GEOs, and 2026 guidance is 109,000–120,000 GEOs. At the Fox Complex, Q2 output was 7,000 GEOs with AISC of $2,701 per GEO; 2026 guidance was increased to 20,000–23,000 GEOs, and the Stock Mine life was extended to 8.5 years. At the Gold Bar Complex, Q2 production was 5,842 GEOs, with AISC rising to $3,197; 2026 production guidance was reduced to 30,000–33,000 GEOs and cost guidance raised to $2,900–$3,200 per GEO. Management still targets 250,000–300,000 GEOs of annual production by 2030, supported by Fox, Gold Bar growth projects, San José (targeting 60,000–70,000 attributable GEOs per year), El Gallo Phase 1 in Mexico (about 20,000 GEOs per year from H2 2027), and its 46.3% stake in McEwen Copper’s Los Azules project, which has an implied value of $457 and a feasibility study outlining 205 ktpa initial copper production at a C1 cash cost of $1.71/lb over 22 years.

Rhea-AI Summary

McEwen Inc. announced that its common stock has been added to the Russell 2000® Index, effective with the June 2026 Russell Reconstitution when U.S. equity markets opened on June 29, 2026. Inclusion comes via its membership in the broad-market Russell 3000® Index.

The company highlights a diversified portfolio of gold, silver and copper assets across the Americas and a near-term objective to double annual production to 250,000–300,000 gold equivalent ounces by 2030. McEwen also owns a 46.3% interest in McEwen Copper, with an implied value of US$457 million based on the last equity financing.

Rhea-AI Summary

McEwen Inc. held its annual shareholder meeting on June 4, 2026. Of the 59,452,799 shares outstanding and entitled to vote, 34,079,421 shares were voted, representing approximately 57.3% of the eligible shares, which constituted a quorum for conducting business.

Shareholders elected eleven directors, with each nominee receiving more votes "For" than "Withheld." William M. Shaver received 26,294,881 votes For and 195,252 Withheld. Shareholders also ratified Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026, with 33,905,193 votes For, 129,269 Against and 44,959 Abstain.

Disinterested shareholders approved the issuance of McEwen Inc. common stock to Robert R. McEwen, with 17,696,367 votes For, 278,311 Against and 96,004 Abstain, and 7,589,283 broker non-votes on this proposal.

Rhea-AI Summary

McEwen Inc. has outlined plans for its 2026 Annual Meeting of Shareholders and a live Bullpen Q&A session with management. The meeting will take place on June 4, 2026 at 4:30 p.m. EDT at Vantage Venues, 150 King Street West in Toronto, and will also be accessible via live webcast.

The Bullpen Q&A will be moderated by Anthony Vaccaro of The Northern Miner Group and feature Chairman and Chief Owner Rob McEwen, Vice-Chairman Ian Ball, and McEwen Copper Managing Director Michael Meding. Discussion is expected to cover operational performance, growth plans, capital allocation, McEwen Copper and Los Azules, market outlook, and investor questions.

Shareholders of record as of April 20, 2026 are encouraged to vote in advance using the proxy materials available on the company’s website, SEDAR+ and EDGAR. Questions can be submitted before or during the webcast, and the 8-K furnishes the related press release as an exhibit, together with standard forward-looking statement cautions.

Rhea-AI Summary

McEwen Inc. filed an amended current report to clarify the source of a recently disclosed dividend. The company confirmed that the dividend was received directly from its 49.0% owned equity investee Minera Santa Cruz S.A. (MSC), rather than indirectly through another investee as originally stated.

McEwen reported receiving a $49.4 million dividend on May 21, 2026 related to its 49.0% ownership in MSC, funded by operations of the producing San José silver-gold mine in Santa Cruz, Argentina. This payment brought total dividends received from MSC in 2026 for this mine’s operations to $58.2 million. A related press release with additional details is furnished as an exhibit.

Rhea-AI Summary

McEwen Inc. filed a current report to highlight a $49.4 million dividend it received in respect of its 46.3% ownership interest in McEwen Copper Inc., generated from the San José silver-gold mine in Argentina. This payment lifts total dividends from San José in 2026 to $58.2 million, already ahead of the company’s original full-year expectation of $40–$50 million, underscoring strong cash generation from this asset.

The company emphasizes that internally generated cash can help fund planned production growth while limiting share dilution, supporting its goal to double production to 250,000–300,000 GEOs by 2030. McEwen’s attributable 2026 production from its 49% interest in San José is projected at 59,000–64,000 GEOs, with all-in sustaining costs estimated at $2,300–$2,500 per GEO. The release also notes outstanding debt of $110 million in long-term convertible notes maturing in 2030 and $20 million under a loan facility, alongside a pipeline of projects at the Fox Complex and El Gallo aimed at expanding and improving the company’s production base.

Rhea-AI Summary

McEwen Inc. reported much stronger Q1 2026 results, turning to net income of $33 or $0.56 per share from a net loss of $6 or $0.12 per share in Q1 2025. Revenue rose 107% to $74, driven by sales of 15,752 gold equivalent ounces (GEOs) and higher realized gold prices of $4,792 per GEO, up 71% year over year.

Adjusted EBITDA increased to $44 or $0.76 per share from $8 or $0.16, while consolidated Q1 production grew to 30,471 GEOs. The company reaffirmed 2026 production guidance of 114,000–126,000 GEOs and cash cost guidance of $2,100–$2,300 per GEO. Management highlighted plans to grow output to 250,000–300,000 GEOs by 2030, largely self-funding growth based on current metal prices. The release also notes two contractor fatalities in April at Los Azules and Gold Bar, with investigations underway.

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McEwen Inc. has completed its previously announced business combination with Golden Lake Exploration Inc. by way of a statutory plan of arrangement. Each Golden Lake share is being exchanged for 0.003876 McEwen common shares, consolidating Golden Lake’s Jewel Ridge and Jewel Ridge West projects into McEwen’s Gold Bar Mine Complex in Nevada.

All Golden Lake warrants and convertible notes were converted into Golden Lake shares before being exchanged for McEwen shares, and Golden Lake stock options were replaced with McEwen options on an equivalent economic basis. Golden Lake’s shares are expected to be delisted from the CSE, and the company plans to cease being a reporting issuer, fully folding the business into McEwen’s platform.

Rhea-AI Summary

McEwen Inc. reported a new Mineral Resource Estimate for its Tartan Mine Project in Manitoba, outlining 308,900 Indicated gold ounces and 302,700 Inferred gold ounces, calculated using a gold price of US$3,000 per ounce. Using a 3.0 gpt cut-off for comparability with a 2017 historical estimate, the 2026 model shows 234,700 Indicated ounces and 209,500 Inferred ounces. Tartan forms part of McEwen’s goal of doubling production to 250,000–300,000 gold ounces per year by 2030. Initial restart plans target about 30,000 ounces per year at 500 tonnes per day, with potential expansion to 45,000–55,000 ounces annually if mill capacity is increased to 1,000 tonnes per day. McEwen has budgeted $6 million for 2026 drilling around the existing resource, at depth, and on the adjoining Tartan West property to support further growth.

Rhea-AI Summary

McEwen Inc. reported a strong turnaround for 2025, returning to profitability and highlighting major copper growth plans. Full-year 2025 revenue rose to $197.6M from $174.5M in 2024, with net income of $34.4M or $0.64 per share versus a net loss of $43.7M or $0.86 per share.

Q4 2025 net income was $38M ($0.70 per share), reversing an $8M loss in Q4 2024. Adjusted EBITDA grew to $66.2M for 2025 from $29.2M. Liquidity improved, with cash and equivalents of $51M and working capital of $44M at December 31, 2025, though debt principal increased to $130M.

The Los Azules copper project remains central, with a feasibility-study base case after-tax NPV (8%) of $2.94B at $4.35/lb copper, rising to $6.31B at $5.80/lb. McEwen owns 46.3% of McEwen Copper, implying about $457M stake value. For 2026, production guidance is 114,000–126,000 GEOs with cash costs of $2,100–$2,300 per GEO and AISC of $2,400–$2,600.

Rhea-AI 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.

Rhea-AI Summary

McEwen Inc. entered a definitive agreement to increase a previously announced private offering by an additional 377,000 Canadian Development Expense “flow-through” common shares at approximately US$21.25 per share. These flow-through shares can provide tax benefits to purchasers if the company spends the proceeds on qualifying exploration or development work under the Canadian Income Tax Act. After placement fees, McEwen expects to receive approximately US$7.69 million, with closing anticipated in late January 2026. The shares will be sold through a Canadian Development Expense Subscription and Renunciation Agreement and will rely on exemptions from registration under Section 4(a)(2) of the Securities Act of 1933 and/or Regulation S.

Rhea-AI Summary

McEwen Inc. furnished an update on its exploration and project pipeline. The company issued a press release on January 13, 2026 detailing results from the Tartan Mine Project, and a second press release on January 20, 2026 presenting the year-end 2025 mineral resource estimate for the Grey Fox Project. Both releases are attached as Exhibits 99.1 and 99.2 to this report and are provided under a regulation fair disclosure item, meaning they are treated as furnished rather than filed for liability purposes. The company includes a standard caution that these releases contain forward-looking statements about future events and results, which are subject to significant risks such as metal price volatility, permitting, construction and operational risks, political and economic conditions in foreign jurisdictions, litigation, capital market conditions, environmental matters, and foreign exchange movements.

Rhea-AI Summary

McEwen Inc. announced the closing of its previously announced business combination with Canadian Gold Corp. by way of a statutory plan of arrangement. The closing followed approval by Canadian Gold shareholders on December 5, 2025 and a final order from the British Columbia Supreme Court on December 10, 2025, including an amendment order.

The company also entered into an amendment to the arrangement agreement that requires shareholder approval before issuing any McEwen common shares to Chairman and CEO Robert McEwen in exchange for his Canadian Gold shares, to comply with New York Stock Exchange requirements. McEwen plans to file the amendment as an exhibit to its next Form 10-K and has furnished a press release with further details as an exhibit to this report.

8-K
Rhea-AI Summary

McEwen Inc. reported that the Mexican government has granted an extension of its Environmental Impact Assessment for the El Gallo Mine. This regulatory approval is a key step that is expected to allow the company to start Phase 1 mill construction, which McEwen currently plans to begin in mid-2026. The company highlighted that this development is described in more detail in a press release furnished as an exhibit, and it also reminded readers that future outcomes remain subject to the usual operational, regulatory, and market risks outlined in its risk factor disclosures.

Rhea-AI Summary

McEwen Inc. disclosed an unregistered equity financing and a pending share issuance tied to a prior agreement. The company entered into definitive agreements to sell 565,000 shares of common stock as flow-through shares under Canadian tax rules, split between 215,000 Canadian Exploration Expense shares at US$23.80 and 350,000 Canadian Development Expense shares at US$20.90. The exploration tranche closed on December 19, 2025, while the development tranche is expected to close in January 2026, generating approximately $12.4 million in net proceeds for exploration and development work.

McEwen also describes a Share Exchange Agreement with Britannia Life Sciences Inc., under which it must issue additional common shares valued at CAD$11,340,035, calculated using a 20-day volume-weighted average price and a Bank of Canada exchange rate. Both the flow-through Offering and the Payment Shares rely on private-offering exemptions from U.S. registration, including Section 4(a)(2), Regulation D, and Regulation S.

Rhea-AI Summary

McEwen Inc. (MUX) entered a Share Exchange Agreement to acquire 648,002 common shares of Britannia Mining Solutions Inc. The consideration will be newly issued McEwen common shares valued at CAD$11,340,035, calculated by dividing that amount by the 20‑day volume‑weighted average closing price of McEwen’s stock in U.S. dollars immediately prior to closing and converting to Canadian dollars using the Bank of Canada rate from the business day before closing.

The Payment Shares will be issued under Section 4(a)(2), Rule 506 of Regulation D, and Regulation S. The company noted typical conditions and risks, including that the transaction contemplated by the agreement may not be completed.

Rhea-AI Summary

McEwen Inc. (MUX) furnished an 8‑K to announce it issued a press release summarizing its third‑quarter and nine‑month financial and operating results, along with operational updates. The press release is included as Exhibit 99.1.

The company states that information under Item 2.02 is furnished, not filed, which affects how it may be used under securities laws. The filing also includes a cautionary statement regarding forward‑looking information covering production, costs, exploration, development, construction, and other operational factors.

Rhea-AI Summary

McEwen Inc. (MUX) signed a definitive agreement to acquire Canadian Gold Corp. (CGC) via a court‑approved plan of arrangement. Each CGC common share will be exchanged for 0.0225 McEwen common shares. After closing, CGC will become a wholly owned subsidiary.

The share issuance includes a NYSE‑related condition: any McEwen shares issuable to Robert McEwen exceeding 1% of McEwen’s outstanding shares require stockholder approval. If approval is not obtained, the Company will pay cash to him for those Excess Shares based on the closing price on the trading day before the effective time.

CGC shareholder approvals are required, including 66⅔% of votes cast and a majority of the minority under MI 61‑101. The deal includes a CAD$2.195 million termination fee, a non‑solicitation covenant, and a matching right for superior proposals. Closing remains subject to court and regulatory approvals, including the TSX Venture Exchange, Toronto Stock Exchange and NYSE. Independent directors recommended the deal; directors with conflicts abstained. The McEwen shares will be issued under Securities Act Section 3(a)(10).

Rhea-AI Summary

McEwen Inc. filed a current report to share that it has issued a press release detailing results from an independent feasibility study for McEwen Copper Inc.’s Los Azules copper project in San Juan, Argentina. McEwen Inc. holds a 46.4% interest in McEwen Copper, so the study’s findings are important for its potential future growth in copper.

The press release, furnished as Exhibit 99.1 and dated October 7, 2025, contains the full feasibility study results and additional information beyond what is summarized here. The company also highlights that the release includes forward-looking statements, which are subject to numerous risks such as metal price volatility, political and economic conditions in Argentina, permitting and construction risks, capital markets conditions, environmental hazards, foreign exchange controls, and uncertainties in mineral resource and reserve estimates.

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McEwen Inc. filed a Form 8-K to share that its equity investee, McEwen Copper Inc., has received approval for the Los Azules copper project to participate in Argentina’s Large Investment Incentive Regime, a program designed to promote strategic investments that support the country’s productive development.

The company furnished a press release as an exhibit and emphasized that the release includes forward-looking statements about both McEwen Inc. and McEwen Copper Inc., which are subject to significant business, economic, political, and operational risks, including potential changes to Argentina’s incentive regime and typical mining industry uncertainties.

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McEwen Inc. filed a report describing a new collaboration agreement between the International Finance Corporation, a member of the World Bank Group, and McEwen Copper, Inc., an equity investee of McEwen Inc. The agreement focuses on aligning the Los Azules copper project with IFC’s environmental, social, and governance standards. Meeting these standards is intended to position the project for potential future debt and equity financing from IFC and related partners.

The company furnished a press release dated September 24, 2025 as an exhibit to this report and emphasized that the release contains forward-looking statements subject to significant risks and uncertainties, including market conditions, mining risks, permitting and political factors, environmental hazards, and foreign exchange volatility. McEwen Inc. directs readers to its risk factor disclosures in its annual and other SEC reports and states it has no obligation to update forward-looking statements except as required by law.

Rhea-AI Summary

McEwen Inc. appointed Ian Ball as Vice-Chairman effective September 3, 2025. In this new role, he will oversee and align all revenue-generating activities and lead shareholder engagement, giving him a central position in the company’s commercial strategy.

On September 10, 2025, the company and Mr. Ball executed an offer letter setting his annual salary at CAD$435,000, with eligibility to participate in employee benefit plans consistent with other senior executives. He will also receive an option to purchase 50,000 shares of McEwen’s common stock, with the exercise price set at the time of grant, and will be eligible for awards under the 2024 Equity and Incentive Plan.

Because he is moving into an executive role, Mr. Ball will no longer receive non-employee director compensation. He has stepped down from the Audit Committee, and Nicolas Darveau-Garneau has been appointed to that committee as his replacement.

Rhea-AI Summary

McEwen Inc. filed an 8-K disclosing two press releases: one dated September 2, 2025 reporting gold intercepts at Grey Fox and a second dated September 3, 2025 announcing a new high-grade gold zone. The filing lists those press releases as Exhibits 99.1 and 99.2 and confirms the company furnished the material event information to the market. No assay values, tonnage estimates, timelines, financial impacts, or forward-looking operational details are included in the excerpt provided.

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McEwen Inc. disclosed grants of stock options to five named individuals: William Shaver (80,000 options), Robert McEwen (170,000 options), Perry Ing (50,000 options), Stefan Spears (40,000 options) and Jeff Chan (40,000 options). The filing furnishes a Form of Stock Option Agreement as an exhibit and includes the Inline XBRL cover page tags. The document is a brief 8-K style disclosure of option awards and related exhibits.

Rhea-AI Summary

McEwen Inc. issued a press release on August 7, 2025 summarizing its second quarter and half‑year financial and operating results and providing certain operational updates; that press release is furnished as Exhibit 99.1 to this Form 8-K.

The filing states the information furnished under Item 2.02 is not to be deemed "filed" for purposes of Section 18 and is not incorporated by reference in other Securities Act filings. The document includes a cautionary statement that the press release contains forward‑looking statements about production, costs, exploration, development and financing and refers readers to the company’s 2024 Form 10-K and other filings for risk factors. The report is signed by Carmen Diges, General Counsel, dated August 8, 2025.