SSR Mining Secures C$2.1 Million Gain from Exercise of SilverCrest Equity Participation Right

VANCOUVER, Jan. 3, 2020 /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. (TSX:SIL) (NYSE American: SILV) (“SilverCrest”) dated November 28, 2018 to purchase on a private placement basis 1,819,074 common shares of SilverCrest at the same price per share as the bought deal public offering announced by SilverCrest on December 3, 2019 (the “Private Placement”). The additional shares will be acquired at a price of C$7.28 per common share for total consideration of C$13.2 million.

Comments are closed.

Free newsletter for stock pics, interview transcripts & investing ideas