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McEwen Signs US$55 Million Agreement to Sell Fuller and Paymaster
GlobeNewswire Inc.·
McEwen Inc. has agreed to sell its Fuller and Paymaster properties in Timmins, Ontario to Discovery Mining's subsidiary Dome Mine Ltd. for US$55 million (US$5M cash, US$50M in Discovery shares). The proceeds will support McEwen's growth strategy targeting 250,000-300,000 gold equivalent ounces annually by 2030, with major projects including Stock Mine production in Q4 2026 and El Gallo construction in Mexico.
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