McEwen Mining (NYSE: MUX) (TSX: MUX) through its founder Rob McEwen, has reaffirmed confidence in Goliath Resources (TSX-V: GOT) (OTCQB: GOTRF) by participating in recent warrant exercises, contributing to the $3.2 million Goliath has received since Jan. 1. McEwen, who holds approximately 3.9% of Goliath’s shares, joins Crescat Capital (~14.4%) in leveraging deep-in-the-money warrants ahead of key expiration dates in 2025. This influx of capital strengthens Goliath’s financial position as it continues to advance its 100%-controlled Golddigger Property in British Columbia’s Golden Triangle, a prolific mining district known for major discoveries. Goliath still holds nearly 6.4 million outstanding warrants representing over $6.3 million in potential near-term funding, with $3.6 million worth expiring by May 16.
To view the full press release, visit https://ibn.fm/uUClf
About McEwen Mining Inc.
McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, the company owns approximately 47.7% of McEwen Copper, which is developing the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and life of its assets with the objective of increasing the share price and providing a yield. Rob McEwen, chair and chief owner, has a personal investment in the company of $220 million and takes an annual salary of $1. To learn more about the company, visit www.McEwenMining.com.
NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at https://ibn.fm/MUX
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