NYSE:MUXMetals and Mining
McEwen Premium Golden Lake Bid Tests Rich Valuation And Strong Momentum
Golden Lake Exploration shareholders are set to vote on McEwen’s proposed acquisition, which includes a significant premium to Golden Lake’s recent trading levels.
The Golden Lake Board of Directors has unanimously recommended that shareholders approve the deal.
If approved, the transaction would fold Golden Lake’s assets into McEwen’s portfolio under ticker NYSE:MUX.
For McEwen, trading at $28.35 under ticker NYSE:MUX, this proposed acquisition follows a period of strong share price...