Representative Matters

McEwen Mining Completes Strategic Investment in Goliath Resources Limited

On March 10, 2025, Goliath Resources Limited (TSXV: GOT), an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia, announced the closing of its strategic non-brokered private placement of 5,181,347 units of the company to McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), at a price of $1.93 per unit in exchange for the issuance of $10 million in shares of common stock of McEwen Mining at a deemed price of $11.52 per share.

Aird & Berlis advised Goliath Resources Limited with a team that included Russell Sanders, Thomas Fenton and Teddy Nikolaou (Capital Markets).