Mr. Rob McEwen reports
IAN BALL APPOINTED VICE-CHAIRMAN OF MCEWEN INC.
McEwen Inc. has appointed Ian Ball as the company's vice-chairman, a newly created executive position designed to support the company's strategic growth.
Prior to assuming this role, Mr. Ball has served as an independent director of McEwen since 2022. His appointment reflects the company's commitment to strengthening leadership as it advances its production and exploration goals.
From 2014 to 2021, Mr. Ball was president and then chief executive officer of Abitibi Royalties Inc., where he led the company to a remarkable compounded annual growth rate (CAGR) of 74 per cent for its share price, making it one of the best-performing gold companies during this time. Prior to that, Mr. Ball served as president of McEwen Mining (now McEwen Inc.), overseeing the company's mining operations and exploration programs. He began his career at Goldcorp Inc. in 2004.
As vice-chairman of McEwen, Mr. Ball will focus on driving the company's medium-to-long-term growth strategies. His priorities will include supporting the company's objective to double production by 2030, advancing exploration plans, and evaluating capital allocation and future growth opportunities.
Rob McEwen, chairman and chief owner, commented:
"Ian brings a rare combination of operational experience and capital markets acumen. His track record speaks for itself, and we're excited to have him help shape McEwen's next chapter of growth."
About McEwen Inc.
McEwen provides its shareholders with exposure to gold, copper and silver in the Americas through its three mines located in the United States, Canada and Argentina and its large advanced-stage copper development project in Argentina. It also has a gold and silver mine on care and maintenance in Mexico. Its Los Azules copper project aims to become one of the world's first regenerative copper mines and is committed to carbon neutrality by 2038.
Mr. McEwen, chairman and chief owner, has personally invested $205-million (U.S.) in the companies and takes a salary of $1 per year. He is a recipient of the Order of Canada and a member of the Canadian Mining Hall of Fame. His objective for McEwen is to build its share value and establish a dividend, as he did while building Goldcorp Inc.
McEwen's shares are publicly traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol MUX.
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