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Stock impact report

SSR Mining Announces Investment in Silvercrest Metals Inc.

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: PR Newswire
VANCOUVER, Nov. 29, 2018 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) ("SSR Mining") announces that it has entered into an agreement with SilverCrest Metals Inc. (TSXV:SIL) (NYSE American: SILV) ("SilverCrest") to purchase, by way of private placement, 8,220,645 common shares of SilverCrest at a price of C$3.73 per common share for total consideration of C$30,663,006 (the "Private Placement"). Paul Benson, President and CEO of SSR Mining said, "SilverCrest's Las Chispas project is a compelling investment proposition for SSR Mining by providing exposure to an exciting high-grade development project with exploration upside in a favourable mining jurisdiction. We look forward to building a relationship with SilverCrest, who have demonstrated a successful track record of discovering economic deposits that develop into operating mines while establishing strong local support of stakeholders including the government, ejidos and communities."The Private Placement is expected to c Show less Read more
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