 TORONTO, June 25, 2021 GLOBE NEWSWIRE -- McEwen Mining Inc. NYSE: MUX TSX: MUX announces that on Wednesday, June 23, 2021, it acquired 4,963,455 common shares of NevGold Corp. formerly Silver Mountain Mines Inc.NevGold, and shares purchase warrants exercisable to acquire an additional 2,481,727 common shares of NevGold at 0.60 per share until June 22, 2023, pursuant to the terms of a private transaction. As of this date, McEwen beneficially owns securities representing 10 of the currently outstanding shares of NevGold on a non-diluted basis, and approximately 14.3 on a partially-diluted basis. 