Mergers & Acquisitions ·
SSR Mining agrees to acquire Roxmore Resources for C$6.75 per share in all-cash deal
SSRGFSsr Mining Inc.
SSR Mining Inc. has entered into a definitive Arrangement Agreement to acquire all outstanding shares of Roxmore Resources Inc. for C$6.75 per share in cash, representing an estimated fully-diluted equity value of approximately $464 million and an enterprise value of $392 million. The transaction includes the acquisition of Roxmore’s Converse Gold Project located six kilometers from SSR Mining’s Marigold Complex in Nevada, with potential to add 150,000-170,000 ounces of annual gold production. Former Roxmore shareholders will also receive an 85.01% ownership interest in a new SpinCo holding interests in other exploration properties, while SSR Mining retains a 14.99% stake funded by US$10 million from Roxmore’s operating accounts. The all-cash transaction is expected to be accretive and funded from SSR Mining’s existing cash position, with closing subject to Roxmore shareholder approval and court confirmation in Q4 2026. SSR Mining Inc. operates as a gold and silver mining company with assets across the Americas.