Jul 06, 2022 (PRNewswire via COMTEX) -- PR Newswire
DENVER, July 6, 2022
DENVER, July 6, 2022 /PRNewswire/ - SSR Mining Inc. /zigman2/quotes/204963588/composite SSRM +0.87% /zigman2/quotes/200015486/delayed CA:SSRM +0.05% (asx:SSR) ("SSR Mining" or the "Company") is pleased to announce that it has closed the sale of the Pitarrilla project in Durango, Mexico to Endeavour Silver Corp. /zigman2/quotes/207646397/delayed CA:EDR +1.92% /zigman2/quotes/202649204/composite EXK +3.21% ("Endeavour Silver") following the receipt of all required regulatory approvals and satisfaction of all closing conditions. As consideration for the sale, SSR Mining received US$35 million in cash, US$35 million in shares of Endeavour Silver, and a 1.25% net smelter return royalty on the Pitarrilla property.
About SSR Mining
SSR Mining Inc. is a leading, free cash flow focused gold company with four producing assets located in the USA, Turkiye, Canada, and Argentina, combined with a global pipeline of high-quality development and exploration assets. In 2021, the four operating assets produced approximately 794,000 gold-equivalent ounces. SSR Mining is listed under the ticker symbol SSRM on the NASDAQ and the TSX, and SSR on the ASX.
SSR Mining Contacts:
F. Edward Farid, Executive Vice President, Chief Corporate Development Officer
Alex Hunchak, Director, Corporate Development and Investor Relations
SSR Mining Inc.
Phone: +1 (416) 306-5789
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SOURCE SSR Mining Inc.
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