SSR Mining Announces Sale of EMX Royalty Units

DENVER / Dec 20, 2023 / Business Wire / SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) (“SSR Mining” or the “Company”) is pleased to announce it has entered into an agreement with Scotiabank under which Scotiabank will purchase by way of a block trade 6,161,524 units (the “Units”) at a price of C$1.93 per Unit for gross proceeds to SSR Mining of C$11,891,741 (approximately US$8.9 million) (the “Sale”). Each Unit consists of one freely-tradeable common share of EMX Royalty Corp. (NYSE American: EMX; TSX Venture: EMX; Frankfurt: 6E9) (“EMX”) owned by SSR Mining (each, a “Common Share”) and one right (each, an “Option”) to purchase an additional common share of EMX owned by SSR Mining (each, an “Option Share” and together with the Common Shares, the “Shares”) at a price of C$2.27 per share expiring on December 31, 2024. In the event all of the Options are exercised, the total gross proceeds to SSR Mining would be…