McEwen Copper closes $240M loan to fund Los Azules copper project

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McEwen Copper Completes US$240 Million Term Loan to Advance Los Azules Toward Final Investment Decision

August 27, 2026 5:00 PM EDT

All dollar amounts in this press release represent U.S. dollars.

TORONTO, Aug. 27, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE: MUX) (TSX: MUX) (McEwen or the Company) today announced that its 46.3%-owned subsidiary McEwen Copper Inc. (McEwen Copper, not publicly listed) has closed a $240 million senior secured 4-year term loan facility with a syndicate of lenders (the Term Loan). Participants include Sprott Natural Resource Investment Partners for $112 million, and Rob McEwen, Chairman and... More