Skip to main content
Client Work

McEwen Mining closes flow-through financing

Fasken
Reading Time 1 minute read
Share
  • LinkedIn

Overview

Client

Cantor Fitzgerald Canada Corporation

On March 2, 2022, McEwen Mining Inc. (“McEwen”) closed its previously announced marketed brokered private placement offering (the “Offering”) of 14,500,000 flow-through common shares priced at $1.325 per flow-through common share for total gross proceeds of C$19,212,500, conducted by Cantor Fitzgerald Canada Corporation (“Cantor”) as sole bookrunner and sole agent for the Offering.

The proceeds of the Offering will be used exclusively for qualifying Canadian Exploration Expenditures on McEwen’s properties in the Timmins region.

Fasken advised Cantor with a team including Alex Nikolic, Garth Foster, Mitchell Thaw, Blaine Bowman and Claudia Honetschlaeger.

Jurisdiction

  • Ontario

Team

  • Alex Nikolic, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 865 4420, anikolic@fasken.com
  • Garth J. Foster, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 868 3422, gfoster@fasken.com
  • Claudia Honetschlaeger, Associate | Banking & Finance, Calgary, AB, +1 403 261 8493, chonetschlaeger@fasken.com