McEwen Inc 8-K, filed Aug 15, 2023
McEwen Inc. (MUX)
About this 8-K
McEwen Inc filed this 8-K on August 15, 2023, reporting on events of August 9, 2023.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 9, 2023, the Board of Directors (the "Board") of McEwen Mining Inc., a Colorado corporation (the “Company”), determining that it was in the best interest of the Company and its shareholders, the Board, pursuant to its powers under Section 4.2 of the Amended and Restated Bylaws of the Company, expanded the number of directors on the Board from seven to eight and subsequently appointed Ms. Michelle Makori to serve as a member of the Board, effective August 9, 2023. Ms. Makori’s term will extend only until the next annual meeting of shareholders, which is anticipated to be held in June 2024.
Ms. Makori will serve on a newly created committee of the Board that is provisionally entitled, “Disclosure Committee”.
There are no arrangements or understandings between Ms. Makori and any other persons pursuant to which she was appointed as a director. Additionally, there have been no transactions involving Ms. Makori that would require disclosure under Item 404(a) of Regulation S-K, and there is no family relationship between Ms. Makori and any director or executive officer of the Company.
Ms, Makori will participate in the Company’s standard director compensation arrangements currently applicable to non-employee directors. Under the terms of those arrangements, Ms. Makori will receive a retainer of $40,000 per year for her service on the Board.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits. The following exhibits are furnished or filed with this report, as applicable:
| Exhibit No. | Description | |
| 104 | Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| McEWEN MINING INC. | ||
| Date: August 15, 2023 | By: | /s/ Carmen Diges |
| Carmen Diges, General Counsel | ||