McEwen Mining announces deal to buy remaining shares of Timberline Resources-February 2024-www.financetom.com

McEwen Mining announces deal to buy remaining shares of Timberline Resources

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McEwen Mining announces deal to buy remaining shares of Timberline Resources

Apr 16, 2024 10:26 AM

April 16 (Reuters) - Canadian gold and copper miner

McEwen Mining ( MUX ) said on Tuesday it had entered into a

deal to acquire all outstanding shares of Timberline Resources ( TLRS )

that it doesn't already own.

McEwen currently owns 6.25 million Timberline shares, or

around 3.3% of the company, along with 6.25 million warrants.

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