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Stock impact report

SSR Mining Announces The Acquisition Of An Up To 40% Ownership Interest And Operatorship In The Hod Maden Gold-Copper Project Through An Earn-In Structured Transaction

SSR Mining Inc. (SSRM) 
Last ssr mining inc. earnings: 2/20 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ssrmining.com/investors/default.aspx
Company Research Source: Business Wire
Acquisition Of A World-Class Deposit That Fits SSR Mining’s Strategy, Geographic Focus, And Leverages SSR Mining’s Core Strengths To Create Shareholder Value  HighlightsSSR Mining to acquire an up to 40% interest and immediate operational control in the Hod Maden gold-copper development project (“Hod Maden” or the “Project”) in northeastern Türkiye from Lidya Mines Aggregate acquisition consideration totals $270 million, which includes $120 million in upfront cash payment to acquire a 10% interest in Hod Maden, followed by $150 million in earn-in structured milestone payments to acquire an additional 30% interest, payable between the start of construction and the first anniversary of commercial production 4The acquisition of Hod Maden will add one of the highest margin and lowest capital intensity development projects globally to SSR Mining’s robust portfolio of high-return growth projects and is expected to deliver an estimated all-in after-tax internal rate of return (“IRR”) in exce Show less Read more
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