McEwen Inc. — Director's Dealing 2012

Mar 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: McEwen Mining Inc. (MUX)
CIK: 0000314203
Period of Report: 2012-03-28

Reporting Person: Spears Stefan (Vice President - Projects)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-28	Common Stock	J	29250	—	Acquired	71250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-28	Exchangeable Shares	$	J	29250	Disposed		Common Stock (29250)	Direct

Footnotes

F1: The reporting person exchanged all of the exchangeable shares of McEwen Mining - Minera Andes Acquisition Corp. owned by him into an equal amount of common stock.

F2: The Exchangeable Shares are convertible into common stock of McEwen Mining Inc. on a one-for-one basis.

F3: The Exchangeable Shares are convertible until redeemed in the discretion of McEwen Mining - Minera Andes Acquistion Corp., which date shall be not sooner than January 24, 2022, subject to certain exceptions.