McEwen Mining $MUX to raise U$50m... - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title McEwen Mining $MUX to raise U$50m..., We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : McEwen Mining $MUX to raise U$50m...
link : McEwen Mining $MUX to raise U$50m...

McEwen Mining $MUX to raise U$50m...

....or maybe even U$57.5m, by selling small portions of the company at $1.325 per portion. 

"...it has priced an underwritten public offering of 37,750,000 units, each unit consisting of one share of common stock and one half of one warrant to purchase one share of common stock, at a public offering price of $1.325 per unit for aggregate gross proceeds of approximately US$50,000,000.  Each full warrant is exercisable for one share of common stock with an exercise price of $1.7225 per share and are exercisable immediately and for five years following issuance.  The Company has granted to the underwriters a 30-day option to purchase up to an additional 5,662,500 shares of common stock and/or additional warrants to purchase up to 2,831,250 shares of common stock at the public offering price per share and per warrant, less the underwriting discounts and commissions.  The offering is expected to close on or about November 22, 2019, subject to customary closing conditions."

And remember: Nobody forced him to buy Black Fox, he did it all by himself.

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