McEwen Copper Inc. announced a non-brokered private placement of up to 2,333,333 common shares at issue price of $30 per share for gross proceeds of $70,000,000 on June 24, 2024. The transaction will include participation from returning investor, McEwen Mining Inc. and individual investor, Rob McEwen. The investment of 466,667 common shares at price of $30 per share for gross proceeds of $14,000,000 from McEwen Mining Inc. and 166,666 common shares at price of $30 per share for gross proceeds of $5,000,000 from Rob McEwen.