Discovery to acquire certain Timmins mineral properties from McEwen for $55 million
MUX•Discovery Mining agreed to buy certain Timmins mineral properties from McEwen for $55 million and entered an amended royalty agreement with Franco-Nevada for $8 million.
1. Proposed property purchase
Discovery Mining entered into an asset purchase agreement to acquire certain Timmins mineral properties from McEwen for $55 million. Discovery also entered an amended royalty agreement with Franco-Nevada for $8 million.
