McEwen Inc. (NYSE: MUX) CEO gets 1.53M shares in Canadian Gold combination

Rhea-AI Filing Summary

McEwen Inc. Chairman and CEO Robert Ross McEwen reported acquiring 1,526,785 shares of common stock on July 27, 2026, in exchange for 67,857,111 Canadian Gold Corp. shares under a business combination at a 0.0225 share-for-share ratio. He now holds 1,526,785 shares directly, plus 8,236,647 indirectly through a wholly owned corporation and 35,280 via his spouse.

Insider Trade Summary

Net Buyer: 1,526,785 shares

Net Buy 3 txns

Insider McEwen Robert Ross

Role Chairman and CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	1,526,785	--	--
holding	Common Stock F2	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,526,785 shares (Direct); Common Stock — 8,236,647 shares (Indirect, By corporation); Common Stock — 35,280 shares (Indirect, By Spouse)

Footnotes (2)

1. F1. Mr. McEwen acquired 1,526,785 shares of the Issuer's common stock in exchange for 67,857,111 shares of Canadian Gold Corp. ("Canadian Gold") pursuant to the business combination between the Issuer and Canadian Gold by way of a statutory plan of arrangement. The arrangement agreement between the Issuer and Canadian Gold, which was entered into on October 14, 2025, provided that each holder of common shares of Canadian Gold would receive 0.0225 shares of the Issuer's common stock for each share of Canadian Gold common stock held by such holder.
2. F2. These shares are held by 2190303 Ontario Inc., which is a corporation wholly owned by Mr. McEwen.

Key Figures

Shares acquired: 1,526,785 shares Canadian Gold shares exchanged: 67,857,111 shares Exchange ratio: 0.0225 shares +3 more

6 metrics

Shares acquired 1,526,785 shares Common stock received by Robert Ross McEwen on July 27, 2026

Canadian Gold shares exchanged 67,857,111 shares Canadian Gold Corp. shares exchanged for McEwen Inc. shares

Exchange ratio 0.0225 shares McEwen Inc. common shares per Canadian Gold Corp. share

Direct holdings after transaction 1,526,785 shares Direct ownership by Robert Ross McEwen following the acquisition

Indirect corporate holdings 8,236,647 shares Held by 2190303 Ontario Inc., wholly owned by Robert Ross McEwen

Spousal holdings 35,280 shares Common stock held indirectly through spouse

Key Terms

business combination, statutory plan of arrangement, wholly owned

3 terms

business combination financial

"pursuant to the business combination between the Issuer and Canadian Gold"

A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.

statutory plan of arrangement financial

"by way of a statutory plan of arrangement"

A statutory plan of arrangement is a formal, court‑approved legal process companies use to reorganize, merge, buy or change the rights of shareholders and creditors. Think of it like a referee‑backed roadmap that stakeholders vote on and a judge signs off so the deal can bind everyone, even those who disagree; investors care because it can change ownership, share value, voting rights and timelines for receiving cash or new securities.

wholly owned financial

"which is a corporation wholly owned by Mr. McEwen"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/29/2026 - 06:08 PM Accepted by SEC EDGAR 07/29/2026 - 06:07 PM Learn about SEC filing dates

FAQ

What insider transaction did McEwen Inc. (MUX) report for Robert Ross McEwen?

Robert Ross McEwen reported acquiring 1,526,785 shares of McEwen Inc. common stock on July 27, 2026. The shares were received in exchange for 67,857,111 shares of Canadian Gold Corp. as part of a business combination under a statutory plan of arrangement.

How was the McEwen Inc. (MUX) share exchange with Canadian Gold Corp. structured?

The business combination provided that each Canadian Gold Corp. common share would be exchanged for 0.0225 McEwen Inc. common shares. Using this ratio, Robert Ross McEwen received 1,526,785 McEwen shares for 67,857,111 Canadian Gold shares he previously held.

What are Robert Ross McEwen’s total direct and indirect holdings in McEwen Inc. (MUX) after the transaction?

After the reported transaction, Robert Ross McEwen holds 1,526,785 shares directly. He also has indirect holdings of 8,236,647 shares through a wholly owned corporation and 35,280 shares held by his spouse, as disclosed in the ownership table and footnotes.

Were the new McEwen Inc. (MUX) shares purchased on the market or received in a corporate transaction?

The 1,526,785 McEwen Inc. shares were not market purchases; they were received in exchange for 67,857,111 Canadian Gold Corp. shares. This occurred pursuant to a business combination implemented by a statutory plan of arrangement between the two companies.

What entity holds part of Robert Ross McEwen’s indirect stake in McEwen Inc. (MUX)?

An indirect holding of 8,236,647 McEwen Inc. shares is reported as held by 2190303 Ontario Inc., a corporation wholly owned by Robert Ross McEwen. An additional 35,280 shares are reported as held indirectly through his spouse.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McEwen Robert Ross

(Last) (First) (Middle)

C/O MCEWEN INC.

150 KING STREET WEST, SUITE 2800

(Street)

TORONTO A6 M5H 1J9

(City) (State) (Zip)

ONTARIO, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
McEwen Inc. [ MUX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/27/2026		A		1,526,785	A	(1)	1,526,785	D
Common Stock								8,236,647	I	By corporation(2)
Common Stock								35,280	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Mr. McEwen acquired 1,526,785 shares of the Issuer's common stock in exchange for 67,857,111 shares of Canadian Gold Corp. ("Canadian Gold") pursuant to the business combination between the Issuer and Canadian Gold by way of a statutory plan of arrangement. The arrangement agreement between the Issuer and Canadian Gold, which was entered into on October 14, 2025, provided that each holder of common shares of Canadian Gold would receive 0.0225 shares of the Issuer's common stock for each share of Canadian Gold common stock held by such holder.

2. These shares are held by 2190303 Ontario Inc., which is a corporation wholly owned by Mr. McEwen.

	/s/ Robert Ross McEwen	07/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)