Golden Sky Minerals Corp. Secures Strategic Investment from Mining Veteran Rob McEwen

Golden Sky Minerals Corp., a materials sector company operating in Canada, has announced a significant investment from renowned Canadian mining leader Rob McEwen. The company, which is listed on the TSX Venture Exchange, focuses on metals and mining industries and is based in Vancouver.

On April 24, 2025, Golden Sky Minerals revealed that Mr. McEwen, the founder and former Chairman of Goldcorp Inc., has agreed to invest $220,000 CAD in the form of a six-month convertible debenture. This debenture carries a 9% interest rate and is convertible into 2,000,000 common shares at a price of $0.11 per share. If fully converted, Mr. McEwen would hold approximately 9.2% of Golden Sky’s outstanding shares on a post-conversion basis.

John Newell, President & CEO of Golden Sky Minerals, expressed his enthusiasm about the investment, stating, “We are honoured to welcome Rob McEwen as an investor in Golden Sky. His track record of building long-term value and supporting visionary resource companies speaks for itself. Rob’s participation is a real milestone for us and a meaningful endorsement of our disciplined approach to exploration and corporate growth.”

The proceeds from Mr. McEwen’s investment are earmarked for advancing ongoing work at Golden Sky’s Rayfield Project in British Columbia. This includes a deep-IP geophysical survey with modern 3D inversion modeling, which is expected to enhance the company’s exploration capabilities and contribute to its growth strategy.

As of April 22, 2025, Golden Sky Minerals had a close price of 0.1 CAD, with a 52-week high of 0.2 CAD on June 12, 2024, and a 52-week low of 0.075 CAD on March 16, 2025. The company’s market capitalization stands at 1,780,000 CAD, and it currently has a price-to-earnings ratio of -0.160245.

This strategic investment by Mr. McEwen is seen as a significant endorsement of Golden Sky Minerals’ potential and its disciplined approach to exploration and corporate growth. The company continues to focus on its core projects, leveraging the expertise and support of industry veterans like Mr. McEwen to drive its future success.