Fri, Jun 27, 8:31 PM (22 days ago)
**Summary of McEwen Mining Inc. (MUX) Form 10-K/A Amendment No. 2** McEwen Mining Inc. (MUX) filed this amendment to include financial statements of Minera Santa Cruz S.A. (MSC), a significant equity investee, as required by Rule 3-09 of Regulation S-X. MSC, in which MUX holds a 49% stake, met the significant subsidiary test for fiscal years 2024, 2023, and 2022. The amendment includes MSC's financial statements prepared under IFRS, including Statements of Financial Position, Profit (Loss) and Other Comprehensive Income, Changes in Equity, and Cash Flows for the years ended December 31, 2024, 2023, and 2022, along with related notes. The amendment also includes new certifications by the Company’s Chief Executive Officer and Chief Financial Officer, as well as the consent of MSC's independent auditors. The Company cautions that MSC's financial results presented in the Annual Report on Form 10-K under US GAAP may differ from those reported under IFRS. No attempt was made to update or modify disclosures in the Original Filing except as required to reflect the revisions discussed. The amendment should be read in conjunction with the Original Filing and the Company’s other subsequent filings with the SEC. The Company's market value of voting and non-voting common equity held by non-affiliates was $468,851,994 as of June 30, 2024, with 53,934,510 shares of common stock outstanding on March 14, 2025.