SSR Mining to Acquire for $464 Million in Cash; Launch Spin-Off

06:49 AM EDT, 10/13/2026 (MT Newswires) -- SSR Mining (SSRM) has agreed to acquire Canadian-listed Roxmore Resources for about $464 million in cash under a court-approved plan of arrangement, the company said Tuesday. Under the terms of the deal, Roxmore shareholders will receive 6.75 Canadian dollars ($4.73) per share. The deal is expected to close in Q4. Roxmore shareholders will also receive common shares of a newly spun-off gold exploration company with interests in Roxmore's Rattlesnake Hills, Shabu River, and Newton mining projects, the company said. The new spin-off, funded with $10 million in cash, will be 85% owned by Roxmore shareholders and the 15% by SSR and led by Roxmore management, the company said. The SSR Mining will fund the cash part of the deal with its current balance sheet, it said.