- McEwen Mining (TSX:MUX) exercised 9,200,000 warrants for shares of Inventus Mining (TSXV:IVS), an Ontario-based gold and critical metals explorer, locking in an investment worth C$828,000
- Inventus is a junior miner active on two projects in Sudbury, Ontario, one of which houses the first significant paleoplacer gold discovery in North America
- Inventus Mining stock has added 50 per cent year-over-year but remains down by 35.71 per cent since 2020
McEwen Mining (TSX:MUX) exercised 9,200,000 warrants for shares of Inventus Mining (TSXV:IVS), an Ontario-based gold and critical metals explorer, locking in an investment worth C$828,000.
According to Inventus Mining’s investor presentation for March 2025, McEwen Mining owns about a 6 per cent stake in the company, while its namesake, Rob McEwen, owns a 20 per cent position.
The proceeds, part of an early warrant exercise incentive program, will go…
