InvestmentNov 5, 2026, 11:45 AM
McEwen Inc. Increases Stake in Inventus Mining to 12.7%
AI Summary
McEwen Inc. announced on November 5, 2026, that it acquired 9,200,000 common shares of Inventus Mining Corporation through a warrant exercise for CAD$1,104,000. This increased McEwen's ownership in Inventus from approximately 9% to 12.7%. The acquisition was for investment purposes, and McEwen reserves the right to acquire or dispose of further securities. The company also provided an update on its other assets, including its interest in the Los Azules copper project.
Key Highlights
- McEwen Inc. acquired 9,200,000 common shares of Inventus Mining Corporation for CAD$1,104,000.
- McEwen's stake in Inventus increased from 9% to 12.7% post-acquisition.
- The acquisition was made for investment purposes.
- McEwen may acquire additional Inventus securities in the future.
- McEwen Inc. also holds a 46.3% interest in McEwen Copper, owner of the Los Azules project in Argentina.
Price Impact
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