SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) ("SSR Mining" or
the “Company") announced that, in connection with its previously
announced normal course issuer bid (“NCIB”) to purchase for
cancellation up to 10,200,000 common shares of the Company (“Common
Shares”), the Company has entered into an automatic share purchase
plan (“ASPP”) with a designated broker. The ASPP is intended to
facilitate repurchases of Common Shares under the NCIB when the
Company would ordinarily not be permitted to purchase such shares
due to regulatory restrictions and customary self-imposed blackout
periods.
Pursuant to the ASPP, purchases of Common Shares will be made by
the designated broker based on pre-established purchasing
parameters, without further instructions by the Company, in
compliance with the rules of the Toronto Stock Exchange (“TSX”).
The ASPP is also intended to meet the requirements of a Rule 10b5-1
trading plan under the U.S. Securities Exchange Act of 1934, and
transactions under the ASPP, and under the NCIB generally, will be
conducted in accordance with Rule 10b-18 under the U.S. Securities
Exchange Act of 1934. The ASPP has been pre-cleared by the TSX, is
expected to be implemented on November 28, 2023 and will end no
later than June 19, 2024.
Outside of the ASPP, Common Shares may be purchased under the
NCIB based on management’s discretion, in compliance with TSX rules
and applicable securities laws. The NCIB allows for SSR Mining to
purchase Common Shares over the twelve-month period that began June
20, 2023 and ends June 19, 2024.
About SSR Mining
SSR Mining Inc. is a leading, free cash flow focused gold
company with four producing operations located in the USA, Türkiye,
Canada, and Argentina, combined with a global pipeline of
high-quality development and exploration assets. Over the last
three years, the four operating assets combined have produced on
average more than 700,000 gold-equivalent ounces annually. SSR
Mining is listed under the ticker symbol SSRM on the NASDAQ and the
TSX, and SSR on the ASX.
Cautionary Note Regarding Forward-Looking Information and
Statements:
Except for statements of historical fact relating to us, certain
statements contained in this news release constitute
forward-looking information, future oriented financial information,
or financial outlooks (collectively “forward-looking information”)
within the meaning of applicable securities laws. Forward-looking
information may be contained in this document and our other public
filings. Forward-looking information relates to statements
concerning our outlook and anticipated events or results and, in
some cases, 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 historical facts.
Forward-looking information and statements in this news release
are based on certain key expectations and assumptions made by us.
Although we believe that the expectations and assumptions on which
such forward-looking information and statements are based are
reasonable, undue reliance should not be placed 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 experience to
differ materially from the anticipated results or expectations
expressed in this news release. The key risks and uncertainties
include, but are not limited to: local and global political and
economic conditions; governmental and regulatory requirements and
actions by governmental authorities, including changes in
government policy, government ownership requirements, changes in
environmental, tax and other laws or regulations and the
interpretation thereof; developments with respect to the COVID-19
pandemic, including the duration, severity and scope of the
pandemic and potential impacts on mining operations; and other risk
factors detailed from time to time in our reports filed with the
Securities and Exchange Commission on EDGAR and the Canadian
securities regulatory authorities on SEDAR.
Forward-looking information and statements in this news release
include any statements concerning, among other things: future
purchases of the Company’s Common Shares; and any and all other
timing, exploration, development, operational, financial,
budgetary, economic, legal, social, environmental, regulatory, and
political matters that may influence or be influenced by future
events or conditions.
Such forward-looking information and statements are based on a
number of material factors and assumptions, including, but not
limited in any manner to, those disclosed in any other of our
filings on EDGAR and SEDAR. While we consider these factors and
assumptions to be reasonable based on information currently
available to us, they may prove to be incorrect.
The above list is not exhaustive of the factors that may affect
any of the Company’s forward-looking information. You should not
place undue reliance on forward-looking information and statements.
Forward-looking information and statements are only predictions
based on our current expectations and our projections about future
events. Actual results may vary from such forward-looking
information for a variety of reasons including, but not limited to,
risks and uncertainties disclosed in our filings on our website at
www.ssrmining.com, on SEDAR at www.sedarplus.ca, on EDGAR at
www.sec.gov and on the ASX at www.asx.com.au and other unforeseen
events or circumstances. Other than as required by law, we do not
intend, and undertake no obligation to update any forward-looking
information to reflect, among other things, new information or
future 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20231127579240/en/
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: invest@ssrmining.com Phone: +1
(888) 338-0046 To receive SSR Mining’s news releases by e-mail,
please register using the SSR Mining website at
www.ssrmining.com.
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