McEWEN MINING INC. (TSE:MUX) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry into a Material Definitive Agreement.
On November27, 2018, Compañia Minera Pangea, S.A. de C.V. (“CMP”), a wholly-owned subsidiary of McEwen Mining Inc. (the “Company”), entered into a first amendment (the “First Amendment”) to that certain line of credit agreement (“Original Line of Credit”) between CMP and Banco Nacional de Comercio Exterior, S.N.C., a Mexican federal development banking institution (“Bancomext”), dated November30, 2017. The Company disclosed the Original Line of Credit in its Current Report on Form8-K, filed with the SEC on December4, 2017.
The First Amendment extends the maturity date of the Original Line of Credit until December1, 2019 and provides for certain environmental covenants of CMP. Except as modified by the First Amendment, the terms and conditions of the Original Line of Credit remain in full force and effect.
The description of the First Amendment in this report is a summary only and is qualified in its entirety by the terms of the First Amendment, an English summary of which is filed herewith as Exhibit10.1 and is hereby incorporated by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed or furnished with this report:
10.1 English summary of First Amendment to Line of Credit Agreement, dated November27, 2018