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Golden Sky Minerals Announces Investment from Canadian Mining Leader Rob McEwen
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About this update from Golden Sky Minerals Corp.
[{"type":"text","content":"Golden Sky Minerals Announces Investment from Canadian Mining Leader Rob McEwen\n\n\n\n\n NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES\n \n\n\n VANCOUVER, British Columbia, April 24, 2025 (GLOBE NEWSWIRE) --\n \n Golden Sky Minerals Corp.\n \n (TSX-V: AUEN) (“\n \n Golden Sky\n \n ” or the “\n \n Company\n \n ”) is pleased to announce that Mr. Rob McEwen, a legendary figure in Canadian mining and the founder and former Chairman of Goldcorp Inc., has agreed to make a strategic investment in the Company through a convertible debenture.\n \n\n Mr. McEwen will invest $220,000 CAD in the form of a six-month convertible debenture bearing 9% interest, convertible into 2,000,000 common shares at a price of $0.11 per share. If fully converted, Mr. McEwen would hold approximately 9.2% of Golden Sky’s outstanding shares on a post-conversion basis.\n \n\n\n “We are honoured to welcome Rob McEwen as an investor in Golden Sky,”\n \n said John Newell, President & CEO.\n \n “His track record of building long-term value and supporting visionary resource companies speaks for itself. Rob’s participation is a real milestone for us and a meaningful endorsement of our disciplined approach to exploration and corporate growth.”\n \n\n\n The proceeds from Mr. McEwen’s investment will be used to advance ongoing work at Golden Sky’s Rayfield Project in British Columbia, including:\n \n\n\n A deep-IP geophysical survey with modern 3D inversion modeling\n \n\n\n\n Finalizing the second drill permit\n \n\n\n\n Advancing technical reporting and geological interpretation\n \n\n\n Rayfield is located within the Quesnel Trough, a prolific copper-gold district, and benefits from infrastructure access and a strong regional address.\n \n\n\n\n\n\n\n\n\n\n\n\n About Rob McEwen\n \n\n\n\n Rob McEwen is the Chairman and Chief Owner of McEwen Mining Inc. (TSX: MUX; NYSE: MUX), and the founder and former Chairman and CEO of Goldcorp Inc., which was acquired by Newmont Corporation in 2019 for US$10 billion. He is a recipient of the Order of Canada, a Canadian Mining Hall of Fame inductee, and is widely recognized for pioneering shareholder-first policies and value-driven exploration. He led the development of Goldcorp’s Red ...