X0306 4 2017-04-26 0 0000314203 McEwen Mining Inc. MUX 0001661560 Iaboni Andrew 150 KING STREET WEST SUITE 2800 TORONTO A6 M5H1J9 ONTARIO, CANADA 0 1 0 0 Vice President, Finance Stock option (right to buy) 2017-04-26 4 A 0 90000 A 2017-04-26 Common Stock 5040 5040 D The option may be exercised at a price of Cdn $0.10 per 0.056 share of common stock. Pursuant to the terms of that certain Arrangement Agreement dated February 13, 2017 between McEwen Mining Inc. and Lexam VG Gold Inc., holders of options in Lexam VG Gold are entitled to receive from McEwen Mining a replacement option exercisable for 0.056 of McEwen Mining's common stock for each Lexam option owned immediately prior to the effective date of the Arrangement. Andrew Iaboni 2017-04-27