VANCOUVER, Aug. 19, 2019 /PRNewswire/ - SSR Mining Inc.
(NASDAQ: SSRM) (TSX: SSRM) ("SSR Mining") announces that it has
completed the previously announced transaction with SilverCrest
Metals Inc. (TSXV:SIL) (NYSE American: SILV) ("SilverCrest") to
purchase, on a private placement basis, 780,000 common shares of
SilverCrest at a price of C$5.85 per
common share for total consideration of C$4,563,000. This transaction was previously
announced in SSR Mining's news release dated July 23, 2019.
Upon closing of this transaction, SSR Mining holds 9,000,645
common shares of SilverCrest at an average cost of C$3.91 per common share.
About SSR Mining
SSR Mining Inc. is a Canadian-based precious metals producer
with three operations, including the Marigold mine in Nevada, U.S., the Seabee Gold Operation in
Saskatchewan, Canada and the
75%-owned and operated Puna Operations joint venture in Jujuy,
Argentina. We also have two
feasibility stage projects and a portfolio of exploration
properties in North and South
America. We are committed to delivering safe production
through relentless emphasis on Operational Excellence. We are also
focused on growing production and Mineral Reserves through the
exploration and acquisition of assets for accretive growth, while
maintaining financial strength.
For further information contact:
W. John DeCooman, Jr.
Senior Vice President, Business Development and Strategy
SSR Mining Inc.
Vancouver, BC
Toll free: +1 (888) 338-0046
All others: +1 (604) 689-3846
E-Mail: invest@ssrmining.com
To receive SSR Mining's news releases by
e-mail, please register using the SSR Mining website at
www.ssrmining.com
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SOURCE SSR Mining Inc.