McEwen Exercises Inventus Warrants and Increases Ownership to 12.7%
Nov 5, 11:44 AM·
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Summary
McEwen Inc. (NYSE/TSX: MUX) exercised 9,200,000 common share purchase warrants of Inventus Mining Corporation at CAD$0.12 per share, for aggregate consideration of CAD$1,104,000. The transaction, completed on November 4, 2026, raises McEwen’s ownership stake in Inventus to 12.7%.
TORONTO, Nov. 05, 2026 (GLOBE NEWSWIRE) — McEwen Inc. (NYSE/TSX: MUX) announced that on November 4, 2026, it acquired ownership of 9,200,000 common shares of Inventus Mining Corporation.
Warrant Exercise Details
The acquisition was made pursuant to the exercise of 9,200,000 common share purchase warrants.
- Exercise price: CAD$0.12 per common share
- Aggregate consideration: CAD$1,104,000
- Shares acquired: 9,200,000 common shares of Inventus
Ownership Stake
Following the transaction, McEwen’s ownership of Inventus increased to 12.7%, according to the announcement headline.
About the Company
McEwen Inc. trades on the NYSE and TSX under the symbol MUX.