SSR Mining to acquire Roxmore for C$6.75/share cash, ~$464M equity value; adds Converse gold project near Marigold

SSR MINING INC.

Cash consideration of C$6.75 per Roxmore share, a 27% premium to Roxmore's Oct 9, 2026 TSX close and 47% to its 20-day VWAP; ~$464M fully-diluted equity value, ~$392M EV.
Roxmore holders also receive shares of SpinCo holding the Rattlesnake Hills, Shabu River and Newton properties; SpinCo funded with US$10M cash, 85.01% ex-Roxmore holders, 14.99% SSR Mining.
Converse hosts 2.2Moz gold Indicated (103Mt at 0.65 g/t) and 3.0Moz Inferred (218Mt at 0.43 g/t), 6km from Marigold; potential 150,000-170,000 oz/yr over 10+ years from 2033.
Initial capital estimated at $800-900M with no material development spend until early 2030s; over $200M life-of-mine synergies expected; funded from SSR's existing cash position.
Requires 66 2/3% Roxmore securityholder approval and BC Supreme Court approval; closing expected Q4 2026; C$18.0M termination fee; outside date April 13, 2027.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.