Timberline Resources Corporation (OTCQB:TLRS)(TSX-V:TBR) has officially closed its merger with McEwen Mining Inc., with Timberline now operating as a wholly owned subsidiary of McEwen. This merger was finalized following approval from Timberline’s stockholders on August 16, 2024. As part of the agreement, Timberline stockholders received 0.01 shares of McEwen’s common stock for each Timberline share held. Additionally, the interim financing arrangement between the two companies has transitioned into an intercompany arrangement following the merger completion.
Mining, Merger and Acquisition,United States
https://mergersacquisitions.einnews.com/article/736615387/XPYTSG_FQtHw20Pt?ref=rss&ecode=Q1vNcweEggLWKz7L