Ssr Mining Announces the Sale of Its Non-Core Royalty Portfolio FOR Total Consideration of US$100 Million

News Release

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July 29, 2021

SSR MINING ANNOUNCES THE SALE OF ITS NON-CORE ROYALTY PORTFOLIO

FOR TOTAL CONSIDERATION OF US$100 MILLION

DENVER CO – SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) (“SSR Mining” or “the

Company”) announced today that it has entered into a definitive agreement to sell a portfolio of

royalty interests and deferred payments (“Royalty Portfolio”) to EMX Royalty Corporation (NYSE

American: EMX; TSX Venture: EMX; Frankfurt: 6E9) (“EMX”) for total consideration of US$100

million (the “Transaction”). This consideration includes US$33 million in cash, US$33 million in

EMX shares, and US$34 million in deferred compensation payments to be delivered upon

achievement of clearly defined project development milestones. The cash and equity components

of the consideration, totaling US$66 million, will be payable upon closing of the Transaction. Upon

the Transaction’s close, expected by the fourth quarter of 2021, SSR Mining will hold a ~12%

equity ownership interest in EMX.

The Transaction realizes significant value for a non-core asset portfolio, and is accretive to SSR

Mining against analyst consensus valuations. SSR Mining’s Royalty Portfolio consists of 18

royalty interests and various deferred consideration interests. These include royalty interests in

the Gediktepe and Yenipazar projects in Turkey, as well as interests in a number of exploration

and development stage projects across the Americas owned by various operators, including

Nevada Gold Mines, Industrias Peñoles, Endeavour Silver, Aftermath Silver, Argonaut Gold and

AbraSilver Resource.

EMX is a royalty company with a diverse portfolio of metals royalties, exploration properties and

strategic investments. EMX currently holds ~160 royalties, including a 1% GSR royalty on portions

of Nevada Gold Mines’ Leeville, Turf, and other underground gold mining operations in Nevada,

a 4% NSR royalty on the Balya Property in Turkey and a 0.5% NSR royalty on the Timok Project

and the Cukaru P eki discovery in Serbia. EMX is in the business of organically generating

royalties from its portfolio of more than 70 mineral property interests and augments that strategy

with royalty acquisitions and strategic investments.

Advisors and Counsel

Scotiabank acted as exclusive financial advisor to SSR Mining while Stikeman Elliott LLP acted

as legal counsel.

About SSR Mining

SSR Mining Inc. is a leading, free cash flow focused intermediate gold company with four

producing assets located in the USA, Turkey, Canada, and Argentina, combined with a global

pipeline of high-quality development and exploration assets in the USA, Turkey, Mexico, Peru,

and Canada. In 2020, the four operating assets produced approximately 711,000 gold-equivalent

ounces. SSR Mining is listed under the ticker symbol SSRM on the NASDAQ and the TSX, and

SSR on the ASX.

SOURCE: SSR Mining Inc.

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SSR Mining Contacts

F. Edward Farid, Executive Vice President, Chief Corporate Development Officer

Alex Hunchak, Director, Corporate Development and Investor Relations

SSR Mining Inc.

E-Mail: [email protected]

Phone: +1 (888) 338-0046 or +1 (604) 689-3846

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