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SSRM.TO ·

Ssr Mining Announces Closing of Silvercrest Financing

Financings

News Release 19-19

SSR Mining Inc. PHONE +1 604.689.3846 Suite 800 - 1055 Dunsmuir Street

www.ssrmining.com TOLL FREE +1 888.338.0046 PO Box 49088

Vancouver, BC, Canada V7X 1G4

August 19, 2019

SSR MINING ANNOUNCES CLOSING OF SILVERCREST FINANCING

VANCOUVER, B.C. – SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (“SSR Mining ”)

announces that it has completed the previously announced transaction with SilverCrest Metals

Inc. (TSXV:SIL) (NYSE American: SILV) (“SilverCrest”) to purchase, on a private placement

basis, 780,000 common shares of SilverCrest at a price of C$5.85 per common share for total

consideration of C$4,563,000. This transaction was previously announced in SSR Mining’s news

release dated July 23, 2019.

Upon closing of this transaction, SSR Mining holds 9,000,645 common shares of SilverCrest at

an average cost of C$3.91 per common share.

About SSR Mining

SSR Mining Inc. is a Canadian-based precious metals producer with three operations, including

the Marigold mine in Nevada, U.S., the Seabee Gold Operation in Saskatchewan, Canada and

the 75%-owned and operated Puna Operations joint venture in Jujuy, Argentina. We also have

two feasibility stage projects and a portfolio of exploration properties in North and South America.

We are committed to delive ring safe production through relentless emphasis on Operational

Excellence. We are also focused on growing production and Mineral Reserves through the

exploration and acquisition of assets for accretive growth, while maintaining financial strength.

SOURCE: SSR Mining Inc.

For further information contact:

W. John DeCooman, Jr.

Senior Vice President, Business Development and Strategy

SSR Mining Inc.

Vancouver, BC

Toll free: +1 (888) 338-0046

All others: +1 (604) 689-3846

E-Mail: [email protected]

To receive SSR Mining's news releases by e-mail, please register using the SSR Mining website

at www.ssrmining.com.