McEwen Mining Inc. announced on May 6, 2025, that it has exercised 9,200,000 common share purchase warrants in Inventus Mining Corp. as part of an early warrant exercise incentive program. This transaction generated gross proceeds of $828,000 for Inventus.
The funds from this warrant exercise will be utilized by Inventus to advance its 2025 bulk sampling program at its 100%-owned Pardo Gold Project in Ontario. This program includes grade control drilling to better define mineralization zones for extraction.
This action by McEwen Mining demonstrates its continued support and commitment to Inventus Mining and the Pardo Gold Project. It also provides Inventus with crucial funding to progress its operational plans, including potential processing at McEwen's Stock Mill.
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