McEwen Inc. (NYSE: MUX) (TSX: MUX) has increased its ownership position in Inventus Mining Corporation to 12.7% after exercising warrants to acquire 9.2 million common shares at C$0.12 per share, for total consideration of C$1.104 million. The transaction, completed on Nov. 4, 2026, raised McEwen’s holdings from 20 million shares (approximately 9% of Inventus’s outstanding shares) to 29.2 million shares. The move, disclosed in a recent announcement from McEwen (NYSE: MUX) (TSX: MUX), underscores the company’s strategic interest in Inventus and its assets.
The stake increase matters because it gives McEwen a larger voice in Inventus’s corporate decisions and could pave the way for deeper collaboration or even a future acquisition. McEwen acquired the shares for investment purposes and stated it may purchase additional securities or dispose of existing holdings depending on market conditions, the business and prospects of Inventus, and other relevant factors. Such flexibility suggests McEwen is keeping its options open, which could influence Inventus’s stock performance and strategic direction. The company will file an Early Warning Report under applicable securities laws, a regulatory step that provides transparency about significant ownership positions and ensures the market is fully informed.
For McEwen, the investment aligns with its broader strategy of building exposure to promising mineral projects. The company already offers shareholders a growing base of gold and silver production across the Americas, including mines in Nevada’s Cortez Trend, Ontario’s Timmins district, Manitoba’s Flin Flon, and Argentina’s Deseado Massif, as well as the reactivation of its El Gallo Mine in Mexico. McEwen also holds a 46.3% interest in McEwen Copper, which owns the large-scale Los Azules copper project in San Juan, Argentina—a project designed to be one of the world’s first regenerative copper mines and carbon neutral by 2038. The press release dated October 7, 2025 detailed the project’s feasibility study results, highlighting its economic robustness and leading ESG performance.
McEwen’s interest in Inventus could also be viewed in the context of its recent acquisition of 27.3% of Paragon Advanced Labs Inc., a newly listed public company deploying PhotonAssay units worldwide—a technology McEwen believes is poised to become the new industry standard for assaying precious and base metals. These moves reflect McEwen’s proactive approach to securing exposure to innovative technologies and promising exploration assets. Chairman and Chief Owner Rob McEwen has personally invested over US$250 million in the company and takes a salary of $1 per year, aligning his interests with shareholders. His objective is to build MUX’s profitability and share value, and ultimately implement a dividend policy, as he did while building Goldcorp Inc.
The latest news and updates relating to MUX are available in the company’s newsroom at https://ibn.fm/MUX. For a deeper look at McEwen’s portfolio and strategy, visit the McEwen Inc. profile page. The full press release can be accessed at https://ibn.fm/CwiqY. This article was disseminated by InvestorWire, a specialized communications platform that is part of the Dynamic Brand Portfolio @ IBN.
