McEwen Mining Announces Resignation of Ian Ball, President
May 13 2014 - 4:20PM
Marketwired
McEwen Mining Announces Resignation of Ian Ball, President
TORONTO, ONTARIO--(Marketwired - May 13, 2014) - McEwen Mining
Inc. (NYSE:MUX)(TSX:MUX) announces that it has received and
accepted the resignation of Ian Ball, President. Mr. Ball is
departing after 9 years with the Company in order to pursue new
opportunities, however, he will continue to work with McEwen Mining
to ensure an orderly transition.
Ian joined Rob McEwen at Goldcorp in 2004 and was a founding
member of management of McEwen Mining and its predecessor company,
US Gold Corporation. During his time with the Company, notable
achievements included the building of the El Gallo 1 gold mine and
making the El Gallo 2 silver discovery in Mexico.
"On behalf of the Board of Directors, my colleagues at
McEwen Mining, and our shareholders, we want to thank Ian for the
tremendous contributions he has made to McEwen Mining over the
years. I have no doubt that he will continue to achieve success in
mining and beyond and we wish him nothing but the absolute best as
he embarks on this new chapter in his life", said Robert
McEwen, CEO and Chief Owner of McEwen Mining.
Mr. Ball's responsibilities will be re-assigned to other
management, including Rob McEwen, CEO, on an interim basis. His
resignation as President is effective July 15, 2014, at which time
he will also resign as a director of McEwen Mining - Minera Andes
Acquisition Corp., a subsidiary of the company. It is expected that
management will appoint a replacement until another director can be
elected.
ABOUT MCEWEN MINING (www.mcewenmining.com)
The goal of McEwen Mining is to qualify for the S&P 500 by
creating a high growth gold/silver producer focused in the
Americas. McEwen Mining's principal assets consist of the San José
mine in Santa Cruz, Argentina (49% interest), the El Gallo 1 mine
and El Gallo 2 project in Sinaloa, Mexico, the Gold Bar project in
Nevada, USA, and the Los Azules copper project in San Juan,
Argentina.
As of May 13, 2014 McEwen Mining has an aggregate of 297,159,359
shares of common stock outstanding and issuable upon the exchange
of the exchangeable shares. Rob McEwen, Chairman and Chief Owner,
owns 25% of the shares of the Company (assuming all outstanding
Exchangeable Shares are exchanged for an equivalent amount of
Common Shares).
The NYSE and
TSX have not reviewed and do not accept responsibility for the
adequacy or accuracy of the contents of this news release, which
has been prepared by management of McEwen Mining Inc.
McEwen Mining Inc.Sheena ScotlandDirector, Investor
Relations(647) 258-0395 ext 410 or Toll Free: (866) 441-0690(647)
258-0408Mailing AddressMcEwen Mining Inc.150 King Street West,
Suite 2800, P.O. Box 24Toronto, Ontario, Canada M5H
1J9info@mcewenmining.comMcEwen Mining Inc.Facebook:
www.facebook.com/mcewenrobTwitter:
www.twitter.com/mcewenminingwww.mcewenmining.com
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