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McEwen Inc. — Director's Dealing 2019
May 29, 2019
32310_dirs_2019-05-29_b1d3f9ac-3332-4070-8ea3-6442200370a2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: McEwen Mining Inc. (MUX)
CIK: 0000314203
Period of Report: 2019-05-24
Reporting Person: McEwen Robert Ross (Director, Chairman and CEO, 10% Owner)
Reporting Person: 2190303 Ontario Inc. (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-24 | Common Stock | M | 1724284 | $1.55 | Acquired | 1825550 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-05-24 | Warrant - right to purchase | $2.00 | M | 862142 | Acquired | 2022-03-26 | Common Stock (862142) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2947371 | Indirect |
| Common Stock | 352800 | Indirect |
| Common Stock | 75791658 | Indirect |
Footnotes
F1: On March 26, 2019, the reporting person purchased subscription receipts in an offering conducted by McEwen Mining Inc. In order to comply with certain rules of the NYSE which require shareholder approval of such transactions, the subscription receipts are automatically convertible into units consisting of common stock and warrants one business day following receipt of shareholder approval. Pursuant to the provisions of the Subscription Receipt Agreement, the subscription receipts were converted on May 24, 2019.
F2: The reporting person purchased subscription receipts for $1.55 each, each subscription receipt convertible to (1) one share of common stock and (2) one-half common stock purchase warrant.