Brief: SSR Mining Announces Sale Of Its San Luis Project For Total Consideration Of Up To US$42.5 Million And A 4% NSR Royalty

Highlander Silver

30/11/2023 12:18

Nov 30 (Reuters) - SSR Mining Inc  SSRM.TO :
    * SSR MINING ANNOUNCES THE SALE OF ITS SAN LUIS PROJECT FOR
TOTAL
CONSIDERATION OF UP TO US$42.5 MILLION AND A 4% NSR ROYALTY
    * SSR MINING INC - PROPOSED DEAL FOR US$42.5 MILLION
    * SSR MINING INC - PURSUANT TO TERMS OF AGREEMENT, SSR
MINING WILL
RETAIN A 4% NET SMELTER RETURNS ROYALTY ON PROJECT
    * SSR MINING INC - TRANSACTION IS EXPECTED TO BE ACCRETIVE
TO SSR
MINING ON A NAV PER SHARE BASIS
    * SSR MINING INC - ENTERED INTO A DEFINITIVE AGREEMENT TO
SELL ITS
SAN LUIS PROJECT TO HIGHLANDER SILVER CORP

Source text for Eikon:  ID:nBw4NQVG4a 
Further company coverage:  SSRM.TO 

 ((Reuters.Briefs@thomsonreuters.com;))