Troilus Mining Corp press release
SSR MINING ANNOUNCES CLOSING OF SALE OF PITARRILLA PROJECT TO ENDEAVOUR SILVER
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Canada NewsWire
DENVER , July 6, 2022 /CNW/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) ("SSR Mining" or the "Company") is pleased to announce that it has closed the sale of the Pitarrilla project in Durango, Mexico to Endeavour Silver Corp. (TSX: EDR; NYSE: EXK) ("Endeavour Silver") following the receipt of all required regulatory approvals and satisfaction of all closing conditions. As consideration for the sale, SSR Mining received US$35 million in cash, US$35 million in shares of Endeavour Silver, and a 1.25% net smelter return royalty on the Pitarrilla property.
About SSR Mining
SSR Mining Inc. is a leading, free cash flow focused gold company with four producing assets located in the USA , Türkiye, Canada , and Argentina , combined with a global pipeline of high-quality development and exploration assets. In 2021, the four operating assets produced approximately 794,000 gold-equivalent ounces. SSR Mining is listed under the ticker symbol SSRM on the NASDAQ and the TSX, and SSR on the ASX.
SSR Mining Contacts:
F. Edward Farid , Executive Vice President, Chief Corporate Development Officer Alex Hunchak , Director, Corporate Development and Investor Relations
SSR Mining Inc. E-Mail: invest@ssrmining.com Phone: +1 (416) 306-5789
To receive SSR Mining's news releases by e-mail, please register using the SSR Mining website at www.ssrmining.com .
View original content: https://www.prnewswire.com/news-releases/ssr-mining-announces-closing-of-sale-of-pitarrilla-project-to-endeavour-silver-301581860.html
SOURCE SSR Mining Inc.
View original content: http://www.newswire.ca/en/releases/archive/July2022/06/c8389.html
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