McEwen Inc. — Director's Dealing 2012

Dec 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: McEwen Mining Inc. (MUX)
CIK: 0000314203
Period of Report: 2012-12-17

Reporting Person: Baker Leanne M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-17	Common Stock	X	1760	$2.25	Acquired	34760	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-17	Subscription Rights (Right to Buy)	$	X	17600	Disposed	2012-12-04	Common Stock (1760)	Direct

Footnotes

F1: The holder has the right to purchase one share of common stock at a price of $2.25 for each 10 subscription rights held. The reporting person exercised all of her basic Subscription Rights on November 28, 2012 and contemporaneously requested the ability to exercise additional rights in the event that other holders of Subscription Rights do not exercise their basic Subscription Rights in full (the "Over-subscription"). The reporting person was allocated 17,600 additional rights through the Over-subscription on December 17, 2012.

F2: While the expiration date was December 4, 2012, the number of Subscription Rights available through the Over-subscription was not determined until after the expiration date for exercising the basic Subscription Rights.