SSR Mining to Acquire Roxmore Resources for $464 Million
SSR Mining has agreed to acquire Roxmore Resources in a deal valued at approximately $464 million. The transaction includes cash payments of C$6.75 per share and 0.33 shares of a spinoff exploration company, which is estimated to be worth around C$0.50 per share. This acquisition will add Roxmore's Converse property to SSR Mining’s portfolio, potentially enhancing its resource base and strategic positioning in the mining sector. The deal highlights SSR Mining's strategy to expand through targeted acquisitions that align with long-term growth objectives.
