Ssr Mining Secures C$0.5 Million Gain from Exercise of Silvercrest Equity Participation Right
News Release 20-11
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
April 21, 2020
SSR MINING SECURES C$0.5 MILLION GAIN FROM EXERCISE OF SILVERCREST
EQUITY PARTICIPATION RIGHT
VANCOUVER, B.C. – SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (“SSR Mining”) is
pleased to announce that it has elected to exercise its equity participation right pursuant to its
agreement with SilverCrest Metals Inc. (TSX: SIL) (NYSE American: SILV) (“SilverCrest”) dated
November 28, 2018 to purchase on a private placement basis 3 ,597,291 common shares of
SilverCrest at the same price per share as the non-brokered private placement announced by
SilverCrest on April 13, 2020 (the “Private Placement”). The additional shares will be acquired at
a price of C$7.50 per common share for total consideration of approximately C$27.0 million.
In conjunction with the Private Placement, we have entered into a transaction with a third party to
divest of the 3 ,597,291 SilverCrest common shares to be acquired pursuant to the Private
Placement at a price of C$7 .65 per common share for a pre-tax gain of approximately C$0 .5
million. Following the disposition, we will continue to own 9,000,645 common shares in
SilverCrest.
Closing of the Private Placement is expected to occur on or about April 24, 2020 and is subject
to the receipt by SilverCrest of all necessary regulatory approvals.
About SSR Mining
SSR Mining Inc. is a Canadian-based precious metals producer with three operations, including
the Marigold gold mine in Nevada, U.S., the Seabee Gold Operation in Saskatchewan, Canada
and Puna Operations 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 delivering
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
SSR Mining Inc.
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Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking information within the meaning of Canadian securities laws and forward-
looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively,
“forward-looking statements”) concerning the anticipated developments in our operations in future periods, and other
events or conditions that may occur or exist in the future. All statements, other than statements of historical fact, are
forward-looking statements. Generally, forward-looking statements can be identified by the use of words or phrases
such as “expects,” “anticipates,” “plans,” “projects,” “estimates,” “assumes,” “intends,” “strategy,” “goals,” “objectives,”
“potential,” “believes,” or varia tions thereof, or stating that certain actions, events or results “may,” “could,” “would,”
“might” or “will” be taken, occur or be achieved, or the negative of any of these terms or similar expressions. The
forward-looking statements in this news release relate to, among other things: the expected closing date of the Private
Placement; and the receipt of all required regulatory approvals, including the approval of the Toronto Stock Exchange.
These forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors
that could cause actual events or results to differ from those expressed or implied, including, without limitation, those
various risks and uncertainties identified under the heading “Risk Factors” in our most recent Annual Information Form
filed with the Canadian securities regulatory authorities and included in our most recent Annual Report on Form 40-F
filed with the U.S. Securities and Exchange Commission. Our forward-looking statements are based on what our
management considers to be reasonable assumptions, beliefs, expectations and opinions based on the information
currently available to it. We cannot assure you that actual events, performance or results will be consistent with these
forward-looking statements, and management’s assumptions may prove to be incorrect. Our forward-looking
statements reflect current expectations regarding future events and speak only as of the date hereof and we do not
assume any obligation to update forward- looking statements if circumstances or management’s beliefs, expectations
or opinions should change other than as required by applicable law. For the reasons set out above, you should not
place undue reliance on forward-looking statements.