McEwen Copper Completes US$240 Million Term Loan to Advance Los Azules Toward Final Investment Decision

All dollar amounts in this press release represent U.S. dollars.

TORONTO, Aug. 27, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE:MUX) (TSX:MUX.TO) (“McEwen” or the “Company”) today announced that its 46.3%-owned subsidiary McEwen Copper Inc. (“McEwen Copper”, not publicly listed) has closed a $240 million senior secured 4-year term loan facility with a syndicate of lenders (the “Term Loan”). Participants include Sprott Natural Resource Investment Partners for $112 million, and Rob McEwen, Chairman and Chief Owner of the Company, for $85 million; and other lenders for a total of $43 million.