McEwen sells Fuller and Paymaster for US$55M, receives US$13.5M to boost liquidity

McEwen Inc. (MUX) filed an SEC Form 8-K — Regulation FD Disclosure. Exhibit 99.1 McEwen Signs US$55 Million Agreement to Sell Fuller and Paymaster Divests US$13.5M McEwen Copper Debt to Further Enhance Liquidity TORONTO, ONTARIO, October 9, 2026 – McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) announces that it and its wholly-owned subsi

McEwen Mining revised its 2026 Gold Bar Complex production guidance downward and raised cost estimates, citing operational issues. The company's Q3 results will focus on Gold Bar's performance, earnings sources, and project progress. McEwen's valuation may depend on improved execution and funding decisions, with analysts suggesting a potential 45% undervaluation.

McEwen Mining (MUX) shares rose 4.5% after announcing a $55M deal to sell its Fuller and Paymaster properties. The sale includes $5M in cash and $50M in shares from Discovery Mining's subsidiary. Proceeds aim to support McEwen's goal of producing 250,000-300,000 gold equivalent ounces annually by 2030. The company's GF Value™ suggests it is overvalued by 79.6%, with a current price of $18.16 vs. a GF Value™ of $10.11. Insider activity shows net selling over the past 12 months.

McEwen (TSX: MUX) sold two Ontario gold properties to Discovery Mining (TSX: DSV) for $55M in cash and stock, aiming to expand production to 300,000 gold-equivalent ounces annually by 2030. Proceeds will fund projects in Canada and Nevada, with new mines expected to start production by 2027.

McEwen Mining (MUX) rose 4.5% after announcing a $55M deal to sell Ontario properties to Discovery Mining (DDSVSF). The transaction includes $5M in cash and $50M in Discovery shares. McEwen plans to use proceeds to support production goals without significant share dilution.

McEwen Mining (MUX) rose 4.5% after announcing a deal to sell its Ontario properties for $5M in cash and $50M in Discovery Mining (DSVSF) shares, totaling $55M.