McEwen Mining To Acquire Timberline Resources At 132% Premium
McEwen Mining To Acquire Timberline Resources At 132% Premium
Timberline shareholders will have the right to receive 0.01 of a share of McEwen's common stock for each share of Timberline's common stock (the "Exchange Ratio"), representing a value of US$0.102 per Timberline share, calculated based on the 20-day volume weighted average trading price of McEwen's shares on the NYSE at the close on April 15th, 2024. This represents an 132% premium to Timberline's 20-day volume-weighted average price on the OTCQB. McEwen currently owns 6.25 million Timberline shares representing approximately 3.3% of Timberline's basic common shares outstanding and 6.25 million Timberline warrants. Excluding McEwen's existing ownership, McEwen expects to issue approximately 1.84 million shares on closing for a transaction value of US$18.8 million.
Timberline股東將有權獲得Timberline每股普通股的0.01股麥克尤恩普通股（“交易比率”），相當於每股Timberline股票價值0.102美元，該價格是根據2024年4月15日收盤時麥克尤恩股票在紐約證券交易所的20天成交量加權平均交易價格計算得出的。這比Timberline在OTCQB的20天交易量加權平均價格高出132％。麥克尤恩目前擁有625萬股Timberline股票，約佔Timberline已發行基本普通股的3.3％，以及625萬張Timberline認股權證。不包括麥克尤恩的現有所有權，麥克尤恩預計將在收盤時發行約184萬股股票，交易價值爲1,880萬美元。
譯文內容由第三人軟體翻譯。