McEwen Mining Announces Closing of US$46.6 Million Bought Deal Offering
The proceeds of the Offering will be used to purchase the Black Fox Complex and for general corporate purposes. Black Fox is a producing underground gold mine located in the world-famous mining region of Timmins, Canada. Production in 2018 is expected to be 50,000 gold ounces, increasing the company-wide gold equivalent production by 16% from approximately 157,000 ounces in 2017 to 182,000 ounces in 2018.









