SSR Mining Inc. is pleased to announce it has entered into an agreement with Scotiabank under which Scotiabank will purchase by way of a block trade 6,161,524 units at a price of C$1.93 per Unit for gross proceeds to SSR Mining of C$11,891,741 . Each Unit consists of one freely-tradeable common share of
EMX Royalty Corp. owned by SSR Mining and one right to purchase an additional common share of EMX owned by SSR Mining at a price of C$2.27 per share expiring on December 31, 2024. In the event all of the Options are exercised, the total gross proceeds to SSR Mining would be C$25,878,401 at a blended price of C$2.10 per share. Immediately prior to the Sale, SSR Mining owned 12,323,048 common shares of EMX representing approximately 11.0% of the issued and outstandin...