SSR Mining Exercises Equity Participation Right in SilverCrest Metals Inc. Financing
VANCOUVER, July 23, 2019 /PRNewswire/ – SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (“SSR Mining”) is pleased to announce that it has elected to exercise its equity participation right pursuant to its agreement with SilverCrest Metals Inc. (TSXV:SIL) (NYSE American: SILV) (“SilverCrest”) dated November 28, 2018 and will purchase 718,000 common shares of SilverCrest, on the same terms as the bought deal public offering announced by SilverCrest on July 23, 2019 (the “Private Placement”). The additional shares will be acquired at a price of C$5.85 per common share for total consideration of C$4,200,300.