WARRANT TO PURCHASE COMMON STOCKWarrant to Purchase Common Stock • November 22nd, 2019 • McEwen Mining Inc. • Gold and silver ores • New York
McEwen Mining Inc., a Colorado corporation (the “Company”), hereby certifies that, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, ____________________________, or its permitted registered assigns (the “Holder”), is entitled, subject to the terms set forth below, to purchase from the Company up to a total of _____ shares of common stock, no par value per share (the “Common Stock”), of the Company (each such share, a “Warrant Share” and all such shares, the “Warrant Shares”) at an exercise price per share equal to US$1.7225 per share (as adjusted from time to time as provided in Section 9 herein, the “Exercise Price”) at any time and from time to time on or after the date hereof (the “Original Issue Date”) and prior to 5:30 P.M. (New York City time) on November 22, 2024 (the “Expiration Date”). This Warrant shall initially be issued and maintained in the form of a security held in book-entry form and the Depository Trust Company or its
