McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting the results of its recent Annual Meeting of Shareholders. The meeting was held on June 29, 2023, and during the gathering the shareholders voted on and approved three main proposals. Shareholders voted to increase the number of shares of preferred stock authorized to be issued from 2 to 10 million and to increase the total authorized shares accordingly. As a result, effective June 30, 2023, the company filed with the state of Colorado an “Articles of Amendment to the Second Amended and Restated Articles of Incorporation.” In addition, shareholders voted to elect all proposed directors, including Allen Ambrose, Ian Ball, Richard Brissenden, Robin Dunbar, Dr. Merri Sanchez and William Shaver. Shareholders also ratified the appointment of Ernst & Young LLP as McEwen’s independent registered public accounting firm for the year. According to the report, 47,427,584 shares were outstanding and entitled to vote at the meeting, with 24,913,355 shares voted, or more than 50% of the outstanding shares entitled to vote.
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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 52% of McEwen Copper, which owns 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 its share price and providing a yield. Rob McEwen, chair and chief owner, has personal investment in the company of $220 million; his annual salary is $1. To learn more about the company, visit www.McEwenMining.com.
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