04:53 PM EDT, 08/19/2024 (MT Newswires) -- McEwen Mining ( MUX ) said late Monday it has completed the acquisition of Timberline Resources after the latter's shareholders "overwhelmingly" approved the merger with McEwen's unit at a special meeting on Friday.

The company said Timberline will be delisted from the TSX Venture Exchange and the OTCQB Venture within five business days.

Former Timberline shareholders will receive 0.01 of McEwen share for each Timberline share they held.