McEwen Inc. Acquires 31% Stake in Paragon Geochemical Laboratories

Reuters
2025/11/10
McEwen Inc. Acquires 31% Stake in Paragon Geochemical Laboratories

McEwen Inc. has announced an agreement to acquire approximately a 31% equity interest in Britannia Mining Solutions Inc., which operates as Paragon Geochemical Laboratories Inc. The investment, valued at CDN$15.3 million and payable in McEwen shares, will make McEwen the largest shareholder in Paragon. Paragon is recognized for its advanced PhotonAssay™ technology, which provides rapid, accurate, and non-destructive assaying for precious and base metals. The transaction will also give McEwen the right to nominate two members to Paragon's board.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McEwen Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-108712), on November 10, 2025, and is solely responsible for the information contained therein.

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