SSR Mining completes $1.49B sale of Çöpler mine to Cengiz Holding

SSR MINING INC.

Completed sale of 80% stake in Çöpler mine (Türkiye) to Cengiz Holding for ~$1.49B cash, closed June 24, 2026.
Pro forma continuing ops net income for 2025: $529.5M ($2.61 basic EPS), up from $395.8M reported (incl. Çöpler).
Sale removes significant reclamation liabilities: 2024 historical reclamation costs of $274.9M in discontinued ops.
Company recorded $338.2M write-down of Çöpler to fair value less costs to sell in Q1 2026.
Pro forma cash balance as of March 31, 2026: $2.13B, reflecting $1.49B net proceeds.

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