- Write by:
-
Saturday, July 11, 2020 - 11:29:07 AM
-
589 Visit
-
Print
Mining News Pro - SSR Mining and Alacer Gold announced Friday the receipt of shareholder approvals for the previously announced at-market merger.
In May, Vancouver-based SSR Mining agreed to a deal to acquire its Canadian counterpart in an all-stock, zero-premium deal valued at C$2.4 billion ($1.7 billion).
The business combination would see Alacer’s flagship Çöpler mine in Turkey added to SSR’s existing portfolio that includes the Marigold gold mine in Nevada, the Seabee gold operations in Saskatchewan and the Puna operations in Jujuy, Argentina.
On closing, each of the Alacer issued and outstanding common shares will be exchanged for 0.3246 of an SSR Mining common share, the companies said in a joint statement.
The transaction was approved by approximately 99.9% of the votes cast by Alacer shareholders at the special meeting of shareholders that was held Friday, representing 79.9% of eligible shares voted.
SSR Mining shareholders approved the transaction by approximately 96.5% of the votes cast.
Short Link:
https://www.miningnews.ir/En/News/563277
China’s central bank paused gold purchases to its reserves in May, when spot gold prices hit a record high, after 18 ...
Gold fell the most in more than two years as surprise strength in a key US jobs report dashed hopes that the Federal ...
Global physically backed gold exchange traded funds (ETFs) attracted their first inflows in May after a year, powered by ...
Ivory Coast’s gold output hit a record high in 2023, helped by the opening of new mines, and will continue to grow ...
Glencore Plc is considering selling its stake in Kazakh mining company Kazzinc amid interest from potential buyers in ...
State revenue from gold mining companies in Mali fell 26% last year, hit by lower taxes, a document from the west ...
Net purchases of gold by global central banks rose to 33 metric tons in April from a revised net buying of 3 tons in ...
Probe Gold is looking to raise more than C$15 million ($11 million) via a private placement led by Beacon Securities and ...
Money managers became the most bullish on gold in more than four years as prices surged to a fresh record earlier this ...
No comments have been posted yet ...