McEwen Mining Announces Closing of Flow-Through Financing

Part 1 (CEE) of the financing consists of a US$10.0 million (Cdn$13,650,890) offering of 643,000 flowthrough common shares at a price of US$15.56 (Cdn$21.23); and The Offering consisted of 1,533,000 flow-through common shares at a blended average price of $14.36 (Cdn$19.59), a 19% premium to the closing price on May 27th, for aggregate gross proceeds of US$22.0 million (Cdn$30.0 million). Total proceeds from the Offering net of placement agents' fees was approximately US$20.8 million (Cdn$28.5 million). Thi ...