Golden Lake Sets Closing Date for Arrangement with McEwen

Golden Lake Exploration Inc. has announced the closing date of April 30, 2026, for its arrangement with McEwen Inc. This statutory plan will see McEwen acquire all outstanding shares of Golden Lake. The arrangement offers an exchange ratio where each Golden Lake share will convert to 0.003876 McEwen shares.

Golden Lake warrants will be exercised and cancelled for equivalent shares, and convertible notes will convert to shares based on principal and interest. All shares exchanged will adhere to the determined ratio. Golden Lake stock options will turn into McEwen options on an economic equivalent basis.

The announcement stresses forward-looking statements and their inherent risks, emphasizing that the arrangement might face obstacles, including unexpected costs or legal proceedings. The company's disclaimer highlights no updates on forward-looking statements unless required by law.