Golden Lake Shareholders Approve Merger with McEwen Inc.

Golden Lake Exploration Inc. announced that its securityholders have approved the merger with McEwen Inc., with an overwhelmingly favorable vote. At a meeting held on March 18, 2026, 99.64% of shareholders and 99.73% of securityholders voted in favor of the business combination. The merger will proceed through a statutory plan of arrangement under British Columbia law.

Under the agreement, each Golden Lake share will be exchanged for 0.003876 McEwen common shares. Outstanding warrants and convertible notes of Golden Lake will be converted into shares based on their value. The deal is subject to customary conditions and is expected to close by March 27, 2026, pending court approval.

Golden Lake plans to seek a final court order on March 23, 2026. The completion of this arrangement hinges on obtaining necessary approvals, but if successful, it could significantly impact the involved companies in terms of share value and operations.