SSR Mining shareholders approved the transaction by approximately 96.5% of the votes cast.The Çöpler mine in eastern Turkey. Weekly Market Preview: Stocks To Watch (BIDU, CSCO, NIO, TLRY, VRM) It has been in continuous operation since 1989.Marigold General Manager Greg Gibson said in an email that “we currently have 430 employees and do not anticipate any changes to our workforce.”SSR Mining operates Marigold, the Seabee gold mine in Saskatchewan, Canada, and the Puna Mine in Argentina, and Alacer brings to the table the Copler Mine in Turkey.
Subscribers can log in for unlimited digital access The project will extend the min…SSR Mining Inc.’s gold production in 2018 exceeded its initial guidance for the seventh consecutive year, the company reported Jan. 15 in its …The first time that chief surveyor Alan Clayson partook in an unmanned aerial vehicle test flight over the Marigold Mine in Valmy, the drone’s…SSR Mining Inc. and Alacer Gold Corp. are planning an all-shares merger, and the Marigold Mine in Nevada will be part of the deal. SSR Mining (TSX: SSRM) and Alacer Gold (TSX: ASR)(ASX: AQG) announced Friday the receipt of shareholder approvals for the previously announced at-market merger. SSR Mining shareholders approved the transaction by approximately 96.5% of the votes cast.The Çöpler mine in eastern Turkey. SSR Mining Inc. [SSRM-TSX, NASDAQ] and Alacer Gold Corp. [ASR-TSX; AQG-ASX] have entered into a definitive agreement to combine in an at-market merger of equals pursuant to a plan of arrangement.The combined entity will continue as SSR Mining Inc. and will be headquartered in Denver, Colorado with a corporate office in Vancouver, B.C. Stocks
Our focus at Alacer over the past several years has been on generating peer-leading free cash flow – this merger allows us to continue this strategy while diversifying our single asset exposure.”He said the merger should bring in roughly $450 million in annual free cash flow over the next three years, and there is the potential for dividends down the road.Antal said that the due diligence done before the COVID-19 pandemic affected travel showed that the two companies had a “close cultural alignment,” and the deal has the approval of the boards of both companies.Benson said the pandemic added some complications, but the companies have been working remotely and that has worked out better than expected, “so it hasn’t actually impacted the deal.”He also said in the teleconference he was impressed with the advancements in Turkey and the “amazing infrastructure,” and he said the mine is in a remote region that is favorable to mining.Alacer owns 80% of the Copler Mine, and the remaining 20% is held by Lidya Mining. and will be led by Rod Antal as President & CEO and Michael Anglin as Chairman.Upon the completion of the deal, the new board of directors will be comprised of five directors from each of the current SSR Mining and Alacer boards of directors for a total of 10 directors, including the chief executive officer.As per the deal, Alacer shareholders will receive 0.3246 SSR Mining shares for each Alacer share held. VANCOUVER -- Shareholders in SSR Mining Inc. and Alacer Gold Corp. have endorsed a no-premium deal to merge operations. then {{format_dollars}}{{start_price}}{{format_cents}} per month (RTTNews) - SSR Mining Inc. (SSRM, SSRM.TO) and Alacer Gold Corp. (ASR.TO, AQG.AX) said that they have reached a definitive agreement to combine in an at-market merger of equals.The combined entity will continue as SSR Mining Inc. and will be headquartered in Denver, Colorado with a corporate office in Vancouver, B.C. Analyst Activity Revenues, earnings, operating cash flows, and cash all soared dramatically last quarter. Quick Links

10 Cheap Stocks to Buy Under $10 RTTNews.com There also is exploration potential in Turkey and SSR has two potential projects—Pitarrilla, a large silver deposit in Mexico and San Luis, a gold and silver deposit in Peru.After the deal closes, the company will have its headquarters in Denver and its corporate office in Vancouver, and SSR Mining shareholders will own roughly 57% of the new SSR. nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ?

SSR Mining Inc. Jul 10, 2020, 15:30 ET. This photograph of the Marigold Mine at Valmy is from a company presentation to the World Gold Forum on April 20.This map of the assets of the combined SSR Mining and Alacer Gold is from a PowerPoint presentation on the merger.Get up-to-the-minute news sent straight to your device.

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