Discovery Mining signs asset purchase to buy Timmins mineral properties
Discovery Mining Ltd says it has entered an asset purchase agreement to acquire certain Timmins mineral properties from Mcewen Inc.
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01:07:20 PM UTC
SquawkNews
Discovery Mining Ltd. agreed to acquire certain Timmins mineral properties and a 60% JV stake from McEwen Inc. for $55M ($50M in shares, $5M cash), with closing anticipated in Oct. 2026, subject to conditions and approvals.Material DetailsContext by AI AnalystThis extends Discovery’s consolidation…