Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%

McEwen Warrant Extension With Goliath Keeps Precious Metals Optionality Open

ByYahoo Finance
3 days ago
Source:Yahoo Finance
McEwen Mining Inc. logo
Related Company
McEwen Mining Inc.
$MUX.TO
View Company →

Goliath Resources has applied to extend the expiry date of more than 2,000,000 share purchase warrants held by McEwen (NYSE:MUX). The warrants give McEwen the right, but not the obligation, to buy additional Goliath shares at a set price. If approved, the new expiry date would give McEwen more time to decide whether to exercise these warrants. For you as an investor following NYSE:MUX, this move relates directly to McEwen’s exposure to another exploration name in the precious metals space...

Goliath Resources has applied to extend the expiry date of more than 2,000,000 share purchase warrants held by McEwen (NYSE:MUX). The warrants give McEwen the right, but not the obligation, to buy additional Goliath shares at a set price. If approved, the new expiry date would give McEwen more time to decide whether to exercise these warrants. For you as an investor following NYSE:MUX, this move relates directly to McEwen’s exposure to another exploration name in the precious metals space...

Continue reading on
Yahoo Finance
Read Full Article →
◆ ◆ ◆