TNR Gold: McEwen Copper Hires SocGen for Los Azules Debt

McEwen Copper appoints Societe Generale as financial advisor for project debt financing of the Los Azules copper project in Argentina.

TNR Gold: McEwen Copper Hires SocGen for Los Azules Debt

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TNR Gold Corp. (TSX-V: TNR) has announced that McEwen Copper Inc., a private company in which TNR Gold holds a NSR (net smelter return) royalty interest, has appointed Societe Generale as financial advisor for the project debt financing of the Los Azules copper project in San Juan, Argentina.

According to the announcement, Societe Generale will advise McEwen Copper on structuring and securing debt financing for the development of Los Azules, one of the world's largest undeveloped copper deposits. The appointment marks a key step in advancing the project toward production.

TNR Gold holds a 0.25% NSR royalty on the Los Azules project, which is owned by McEwen Copper (68.2%), a subsidiary of McEwen Mining Inc. (NYSE: MUX). The project is located in the San Juan province of Argentina, a region known for its mining potential.

As of May 19, 2026, no specific debt financing terms or amounts have been disclosed. The appointment of Societe Generale is a preliminary step in the financing process.

❓ Frequently Asked Questions

What is the NSR royalty held by TNR Gold on Los Azules?

TNR Gold holds a 0.25% net smelter return (NSR) royalty on the Los Azules copper project.

Who owns the Los Azules project?

The project is owned by McEwen Copper (68.2%), a subsidiary of McEwen Mining Inc.

What is the role of Societe Generale in this project?

Societe Generale has been appointed as financial advisor to help structure and secure project debt financing for the development of Los Azules.

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