McEwen to Acquire 31% Strategic Interest in Paragon Geochemical, Leader of PhotonAssay™ Technology for the Mining Sector

TORONTO, Nov. 03, 2025 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or “MUX”) is pleased to announce that it has signed agreements to acquire an approximately 31% equity interest in Britannia Mining Solutions Inc., on a fully diluted basis. Britannia operates under the name Paragon Geochemical Laboratories Inc., a provider of advanced analytical services to the mining industry (collectively referred to as “Paragon”). Paragon is recognized for its deployment of PhotonAssay™, a technology that McEwen believes is poised to become the new industry standard for assaying precious and base metals, with Paragon aiming to be one of the world’s leading service providers.

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