{"id":11284,"date":"2025-10-20T17:08:05","date_gmt":"2025-10-20T17:08:05","guid":{"rendered":"https:\/\/northamericanmining.com\/?p=11284"},"modified":"2025-10-20T17:08:07","modified_gmt":"2025-10-20T17:08:07","slug":"mcewen-to-acquire-canadian-gold","status":"publish","type":"post","link":"https:\/\/northamericanmining.com\/index.php\/2025\/10\/20\/mcewen-to-acquire-canadian-gold\/","title":{"rendered":"McEwen to acquire Canadian Gold"},"content":{"rendered":"
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\"McEwen-to-acquire-Canadian-Gold\"<\/figure>\n<\/div>\n\n\n

Gold and silver producer McEwen and Canadian Gold Corp. have entered into a definitive agreement, under which McEwen will acquire all of the issued and outstanding common shares of the Canadian-based exploration company through a statutory plan of arrangement. <\/p>\n\n\n\n

If the proposed transaction is approved, Canadian Gold will become a wholly-owned subsidiary of McEwen, strengthening the miner\u2019s diversified portfolio with the Tartan Lake asset in Manitoba. Tartan Lake is a high-grade gold project and former producing mine with existing infrastructure and significant exploration potential.<\/p>\n\n\n\n

Under the terms of the agreement, Canadian Gold shareholders will receive 0.0225 McEwen shares for each Canadian Gold share held. The exchange ratio represents a current offer price of C$0.60 per Canadian Gold share, representing a 96.7% premium over the pre-announcement trading price.<\/p>\n\n\n\n

Upon completion of the transaction, existing McEwen and Canadian Gold shareholders will own approximately 92% and 8%, respectively, of McEwen, on both an outstanding shares and fully-diluted basis. <\/p>\n\n\n\n

The transaction is expected to close in early January 2026.<\/p>\n\n\n\n

Source: <\/em>McEwen<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Gold and silver producer McEwen and Canadian Gold Corp. have entered into a definitive agreement, under which McEwen will acquire all of the issued and outstanding common shares of the Canadian-based exploration company through a statutory plan of arrangement.  If the proposed transaction is approved, Canadian Gold will become a wholly-owned subsidiary of McEwen, strengthening the miner\u2019s diversified portfolio with…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[495],"tags":[4157,1245,4158,1912],"coauthors":[1644],"class_list":["post-11284","post","type-post","status-publish","format-standard","hentry","category-latest-news","tag-canadian-gold-corp","tag-gold-producer","tag-mcewen","tag-silver-producer"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t