![Copper in San Juan: McEwen secures $70 million financing for Los Azules](/_next/image?url=https%3A%2F%2Fstrapi-pm.s3.us-east-1.amazonaws.com%2FMc_EWEN_Nota_99a95c5e28.png&w=750&q=75)
Copper in San Juan: McEwen secures $70 million financing for Los Azules
McEwen Mining Inc. announced a new investment of up to $70 million in its subsidiary McEwen Copper Inc. This investment will be made through a private sale of up to 2,333,333 common shares of McEwen Copper at a price of $30.00 per share, and will be mainly focused on the growth of the Los Azules copper project, one of the five megaprojects located in the province of San Juan.