SSR MINING INC. (SSRM): restructuring charge — SSR Mining signs definitive agreement to sell Çöpler mine for $1.5B cash

SSR MINING INC.

Definitive share purchase agreement signed with Cengiz Holding to sell 80% interest in Çöpler mine for $1.5B cash.
Transaction expected to close by July 22, 2026; subject to Turkish regulatory approval and other conditions.
Non-cash impairment charge of $310M-$340M expected in Q1 2026 from sale price vs. net asset value.
Çöpler mine classified as held for sale, to be treated as discontinued operation.
Sale excludes SSR Mining's interests in the Hod Maden development project.

item 1.01 item 2.06 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SSR MINING INC. entered into Purchase Agreement with Cengiz Holding A.Ş. valued at $1.5 billion (effective 2026-03-24).

Action: entry
Agreement: asset purchase
Counterparty: Cengiz Holding A.Ş.
Value: $1.5 billion
Effective: 2026-03-24

Exact text from the filing

on March 24, 2026, the Company, its wholly owned subsidiary Alacer Gold Corp. S.à r.l. (the “Seller”), and Cengiz Holding entered into a share purchase agreement (the “Purchase Agreement”) pursuant to which Cengiz Holding agreed to acquire or have an affiliate acquire all of the issued and outstanding shares of Alacer Gold Madencilik A.Ş., a wholly owned subsidiary of the Company through which the Company holds its interest in Çöpler, for a purchase price of $1.5 billion

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Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

SSR MINING INC. announced a impairment with charges of between approximately $310 million and $340 million affecting Çöpler mine.

Type: impairment
Charge: between approximately $310 million and $340 million
Affected area: Çöpler mine

Exact text from the filing

on March 24, 2026, the Company determined that it expects to incur a non-cash charge between approximately $310 million and $340 million, as a result of the Purchase Price compared to the estimate of the current net asset value of the Çöpler mine

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Source: SEC EDGAR

accession 0000947871-26-000355

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