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Stock impact report

Palisades Expands Nevada Gold Portfolio Through Acquisition of Undercover Gold by Made in America Gold Corp. [Yahoo! Finance]

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: Yahoo! Finance
pleased to announce that its wholly owned subsidiary, Made in America Gold Corp. (" MIAG "), has entered into a non-binding Letter of Intent (the " LOI ") to acquire, by way of a share purchase agreement, Undercover Gold Inc. (" Undercover "), which owns the South Cortez and South Tonkin mineral properties (together, the " Properties "). Undercover was founded by NewQuest Capital Inc. (" NewQuest ") which is lead by an industry-recognized exploration team that has structured numerous earn-in joint venture deals with major mining companies across a global portfolio of exploration projects. The acquisition of the Properties expands MIAG's Battle Mountain – Eureka portfolio by an additional ~73 km , further establishing MIAG as the largest junior landholder in Nevada. This acquisition complements the MIAG portfolio by adding a strategically located land position along trend with Nevada Gold Mines' prolific Pipeline, Cortez Hills, Goldrush and Fourmile deposits, which have collectively Show less Read more
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