| FORM 13-502F1 |
| CLASS 1 AND CLASS 3B REPORTING ISSUERS – PARTICIPATION FEE |
| | MANAGEMENT CERTIFICATION |
| | | I, _______________________, an officer of the reporting issuer noted below have examined this Form13-502F1 (the Form) being submitted hereunder to the Ontario Securities Commission and certify that tomy knowledge, having exercised reasonable diligence, the information provided in the Form is completeand accurate. | Perry Ing |
| | | | __________________________Date: | (s)_____________________________Name:3HUU\,QJTitle:LQWHULP&)2 | "Perry Ing" | March 13, 2023 |
| | | Reporting Issuer Name: | McEwen Mining Inc. |
| | | End date of previous financial year: | December 31, 2022 |
| | | Type of Reporting Issuer: |
Class 1 reporting issuer | | | | |
Class 3B reporting issuer | ✔ |
| | | Highest Trading Marketplace:(refer to the definition of “highest trading marketplace” under OSC Rule 13-502 Fees) | TSX |
| | | Market value of listed or quoted equity securities:(in Canadian Dollars - refer to section 7.1 of OSC Rule 13-502 Fees) |
| | | Equity Symbol |
| | | | | _________________________ | MUX |
| | | 1st Specified Trading Period (dd/mm/yy)(refer to the definition of “specified trading period” under OSCRule 13-502 Fees) |
| | | | _________________ to _________________ | | | 01/01/22 | 31/03/22 |
| | | Closing price of the security in the class or serieson the last trading day of the specified tradingperiod in which such security was listed or quotedon the highest trading marketplace |
| | | | | | $BB_BBB_______________(i) | 10.50 |
| | | Number of securities in the class or series of suchsecurity outstanding at the end of the last tradingday of the specified trading period |
| | | | | | _________________________ (ii) | 47,368,800 |
| | | Market value of class or series | (i) x (ii) | | $_________________________ (A) | 497,372,400.00 |
| | | 2nd Specified Trading Period (dd/mm/yy)(refer to the definition of “specified trading period” under OSCRule 13-502 Fees) |
| | | | _________________ to _________________ | | | 01/04/22 | 30/06/22 |
| Closing price of the security in the class or serieson the last trading day of the specified tradingperiod in which such security was listed or quotedon the highest trading marketplace |
| $______________________ (iii) | 5.40 |
| Number of securities in the class or series of suchsecurity outstanding at the end of the last tradingday of the specified trading period |
| ________________________ (iv) | 47,427,563 |
| Market value of class or series | | (iii) x (iv) | $________________________ (B) | 256,108,840.20 |
| 3rd Specified Trading Period (dd/mm/yy)(refer to the definition of “specified trading period” under OSCRule 13-502 Fees) |
| | | _________________ to _________________ | 01/07/22 | 30/09/22 |
| Closing price of the security in the class or serieson the last trading day of the specified tradingperiod in which such security was listed or quotedon the highest trading marketplace |
| $ _______________________ (v) | 4.53 |
| Number of securities in the class or series of suchsecurity outstanding at the end of the last tradingday of the specified trading period |
| ________________________ (vi) | 47,427,325 |
| Market value of class or series | 214,845,782.25 |
| | (v) x (vi) | $________________________ (C) |
| 4th Specified Trading Period (dd/mm/yy)(refer to the definition of “specified trading period” under OSCRule 13-502 Fees) |
| | | _________________ to _________________ | 01/10/22 | 31/12/22 |
| Closing price of the security in the class or serieson the last trading day of the specified tradingperiod in which such security was listed or quotedon the highest trading marketplace |
| ________________________ (vii) | 7.96 |
| Number of securities in the class or series of suchsecurity outstanding at the end of the last tradingday of the specified trading period |
| ________________________ (viii) | 47,427,584 |
| Market value of class or series | | (vii) x (viii) $________________________ (D) | 377,523,568.64 |
| 5th Specified Trading Period (dd/mm/yy)(if applicable - refer to the definition of “specified tradingperiod” under OSC Rule 13-502 Fees) |
| | | _________________ to _________________ | n/a |
| Closing price of the security in the class or serieson the last trading day of the specified tradingperiod in which such security was listed or quotedon the highest trading marketplace |
| $_______________________ (ix) |
| Number of securities in the class or series of such | ________________________ (x) |
| security outstanding at the end of the last tradingday of the specified trading period |
| Market value of class or series | (ix) x (x) | $________________________ (E) |
| Average Market Value of Class or Series(Calculate the simple average of the market value of the classor series of security for each applicable specified tradingperiod (i.e. A through E above)) |
| | $_________________________ (1) | 336,462,647.77 |
| (Repeat the above calculation for each other class or series of equity securities of the reporting issuer (and asubsidiary pursuant to paragraph 2.8(1)(c) of OSC Rule 13-502 Fees, if applicable) that was listed or quoted on amarketplace at the end of the previous financial year) |
| Fair value of outstanding debt securities:(See paragraph 2.8(1)(b), and if applicable, paragraph 2.8(1)(c)of OSC Rule 13-502 Fees) |
| | $_________________________ (2) | nil |
| (Provide details of how value was determined) |
| Capitalization for the previous financial year | (1) + (2) | $_________________________ | 336,462,647.77 |
| Participation Fee | | $_________________________ | 9,780.00 |
| (For Class 1 reporting issuers, from Appendix A ofOSC Rule 13-502 Fees, select the participation fee) |
| (For Class 3B reporting issuers, from AppendixA.1 of OSC Rule 13-502 Fees, select theparticipation fee) |
| Late Fee, if applicable(As determined under section 2.7 of OSC Rule 13-502 Fees) |
| | $_________________________ | n/a |
| Total Fee Payable(Participation Fee plus Late Fee) |
| | $_________________________ | 9,780.00 |
