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SSR Mining Announces Closing of Cripple Creek & Victor Acquisition

1. SSR Mining acquired CC&V gold mine for $100 million plus future payments. 2. This strategic acquisition enhances SSR Mining's resource base significantly.

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FAQ

Why Bullish?

Acquisitions often lead to increased revenue potential. Previous mining acquisitions led to stock price increases in similar companies.

How important is it?

The acquisition directly impacts SSR Mining's growth trajectory and market positioning.

Why Long Term?

The full benefits of the acquisition will unfold over several years as resources are developed.

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DENVER--(BUSINESS WIRE)--SSR Mining Inc. (Nasdaq/TSX: SSRM; ASX: SSR) (“SSR Mining” or the “Company”) is pleased to announce the completion of the previously announced acquisition (the “Transaction”) of the Cripple Creek & Victor (“CC&V”) gold mine from Newmont Corporation (“Newmont”) on February 28, 2025. As consideration for the Transaction, SSR Mining made a $100 million cash payment to Newmont, with up to $175 million in additional milestone-based payments to be made in the future.

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