Ssr Mining Completes the Sale of Its 20% Equity Interest IN Hod Maden
SSR MINING | PAGE 1
News Release
July 17, 2026
SSR MINING COMPLETES THE SALE OF ITS
20% EQUITY INTEREST IN HOD MADEN
DENVER - SSR Mining Inc. (Nasdaq/TSX: SSRM) ("SSR Mining" or the “Company") is pleased to announce that it has
closed the sale of its 20% ownership stake in the Hod Maden development project (the “Project”) . At closing, SSR Mining
received an uncapped 4.0% net smelter return royalty (“NSR”) (1) on 100% of the Project (the “Transaction”).
The 4.0% Hod Maden NSR strengthens SSR Mining’s existing royalty portfolio, which currently includes NSRs on the San
Luis project (4.0%) owned by Highlander Silver, the Pitarrilla project (1.25%) owned by Endeavour Silver, the Rowan
property (3.0%) owned by West Red Lake Gold, and the Sunrise Lake property (4.0%) owned by Honey Badger Silver.
The Transaction closing, together with the previously announced divestment of the Çöpler mine in Türkiye, completes SSR
Mining’s strategic refocus to a free cash flow leading Americas gold and silver producer anchored by its long-lived operations
in the United States.
SSR Mining would like to thank its employees and local communities across Türkiye for their cooperation, effort and support.
About SSR Mining
SSR Mining Inc. is a free-cash-flow-focused gold and silver mining company and the third- largest gold producer in the
United States. SSR Mining has a diversified portfolio of operating, development and exploration assets across the Americas,
including four operating mines in the USA, Canada, and Argentina. In 2026, SSR Mining is expected to produce between
450,000 and 535,000 Gold Equivalent Ounces. The Company is headquartered in Denver, Colorado and is listed under the
ticker symbol SSRM on the Nasdaq Stock Market and the Toronto Stock Exchange.
For more information, please visit: www.ssrmining.com.
E-Mail: [email protected]
Phone: +1 (888) 338-0046
(1) Royal Gold will hold a fixed price call right to acquire 2.0% of the NSR from SSR Mining for $160 million, expiring 12 months following declaration of
commercial production at the Project. Additionally, Royal Gold will hold a consent right on the sale of SSR Mining’s NSR prior to January 1, 2028, and a
right of first refusal in connection with any sale of the SSR Mining NSR.
SSR MINING | PAGE 2
Cautionary Note Regarding Forward-Looking Information and Statements:
This press release includes “forward looking information” within the meaning of applicable securities laws. Forward -looking information
can be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”,
“projects”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historic al facts. Statements that
refer to projections of our future financial performance, our anticipated growth and trends in our businesses, and other characterizations
of future events or circumstances are forward- looking statements, and include, but are not limited to, the successful completion of the
Hod Maden development project and the ability of Artmin to generate revenues from the project; our ability to receive revenues under,
and realize the expected returns from, the NSR ; whether Royal Gold would elect to exercise its call or consent rights; and whether and
when we elect, and are able, to monetize the NSR.
Although we believe that the expectations and assumptions on which such forward-looking information and statements are based are
reasonable, you should not place undue reliance on the forward-looking information and statements because we can give no assurance
that they will prove to be correct. Forward-looking information and statements are subject to various risks and uncertainties which could
cause actual results and expectations to differ materially from the anticipated results or expectations expressed in this press release.
Important factors that could cause actual results to differ materially from our historical experience, and present projections and
expectations are disclosed in our filings that we make on SEDAR+ at www.sedarplus.ca, and on EDGAR at www.sec.gov, including our
most recent Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward -looking statements in this press release
are expressly qualified by such cautionary statements and by reference to the underlying assumptions. Forward-looking information and
statements speak only as of the date they are made. Other than as required by law, we do not intend, and undertake no obligation to
update any forward-looking information and statements to reflect, among other things, new information or events. The information
contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.