McEwen Inc. and Canadian Gold Corp. Announce Letter of Intent
1. McEwen has proposed acquiring Canadian Gold Corp. to expand resources. 2. The deal offers a 26% premium to Canadian Gold's recent share price. 3. Acquisition enhances McEwen’s pipeline with the Tartan Mine's high-grade potential. 4. Existing infrastructure at Tartan allows for quicker resumption of production. 5. Transaction approval requires a special meeting of Canadian Gold shareholders.