Timberline Resources Announces Closing of Merger With McEwen Mining
Timberline Resources Announces Closing of Merger With McEwen Mining
HAYDEN, ID / ACCESSWIRE / August 19, 2024 / Timberline Resources Corporation (OTCQB:TLRS)(TSX-V:TBR) ("Timberline" or the "Company") is pleased to announce that it has closed the previously announced merger with McEwen Mining Inc. ("McEwen"). The closing follows the satisfaction of all conditions to the closing of the merger, including receipt of approval by Timberline stockholders on August 16, 2024.
2024年8月19日，愛達荷海登/ACCESSWIRE/Timberline Resources Corporation (OTCQB: TLRS) (TSX-V:TBR)("Timberline"或"公司") 很高興地宣佈已完成先前宣佈的與 McEwen Mining Inc. ("McEwen") 合併。該交易完成後，Timberline的股東在2024年8月16日獲得了批准，並滿足了所有關閉合並的條件。
At the effective time of the merger, the Company merged with and into a wholly owned subsidiary of McEwen, with Timberline surviving as a wholly owned subsidiary of McEwen. As previously announced, as a result of the merger, Timberline stockholders received 0.01 of a share of McEwen's common stock for each share of Timberline's common stock. Now that the acquisition has closed, the previously announced interim financing arrangement between Timberline and McEwen became an intercompany arrangement between McEwen and the surviving company.
在合併生效之時，公司與McEwen的一個全資子公司合併，Timberline成爲McEwen的一個全資子公司。正如先前宣佈的那樣，由於合併，Timberline的股東每股Timberline普通股可獲得0.01股McEwen普通股。現在收購已經完成，Timberline和McEwen之間的先前宣佈的臨時融資安排成爲McEwen和存續公司之間的公司內部安排。
Advisors and Counsel
顧問和法律顧問
Cormark Securities Inc. acted as financial advisor to Timberline, and Davis Graham & Stubbs LLP is acting as Timberline's legal advisor.
康明斯證券(Cormark Securities Inc.) 是Timberline的財務顧問，Davis Graham & Stubbs LLP擔任Timberline的法律顧問。
About McEwen Mining
McEwen Mining是一家黃金銀礦生產商，在內華達州，加拿大，墨西哥和阿根廷擁有業務。此外，它擁有約47.7％的McEwen Copper股份，後者擁有阿根廷大型高級項目Los Azules copper project。 McEwen的目標是提高其資產的生產力和壽命，以增加其股價並提供收益。行政主席兼首席所有人Rob McEwen在該集團中的個人投資爲2.2億美元，每年的工資爲1美元。
McEwen Mining Inc. is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 48.3% of McEwen Copper which owns the large, advanced stage Los Azules copper project in Argentina. McEwen's goal is to improve the productivity and life of its assets with the objective of increasing its share price and providing a yield. Rob McEwen, Executive Chairman and Chief Owner, has a personal investment in the group of US$220 million and takes an annual salary of US$1.
McEwen Mining Inc.是一家黃金和白銀生產商，擁有內華達州、加拿大、墨西哥和阿根廷的業務。此外，它擁有約48.3%的McEwen Copper，該公司擁有位於阿根廷的大型先進階段Los Azules銅礦項目。McEwen的目標是改善其資產的生產力和壽命，以增加其股價並提供收益。羅布·麥克尤恩（Rob McEwen），執行主席和首席所有者，對該集團有個人投資2.2億美元，並每年領取1美元的工資。
On behalf of Timberline's Board of Directors,
代表Timberline的董事會
"Patrick Highsmith"
President and CEO Tel: 208-664-4859
"Patrick Highsmith"
電話：208-664-4859
總裁和首席執行官 電話：208-664-4859
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
創業公司交易所和其監管服務提供商（如TSX創業公司交易所的政策所定義的那樣）均不對此公告的充分性或準確性承擔責任。
SOURCE: Timberline Resources Corp.
來源：Timberline Resources Corp。
譯文內容由第三人軟體翻譯。