$SSRM·8-K

SSR MINING INC. · Jun 29, 9:17 PM ET

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SSR MINING INC. 8-K

Research Summary

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SSR Mining Inc. Completes Sale of Çöpler Mine Stake for $1.49B

What Happened
SSR Mining Inc. announced it has completed the previously disclosed sale of its ownership stake in the Çöpler mine and related properties in Türkiye to Cengiz Holding A.Ş. and affiliates. The Transaction was made under a Share Purchase Agreement dated March 24, 2026, and the purchase price was approximately $1.49 billion in cash after working capital adjustments. The completion was reported in an 8-K filed on June 30, 2026.

Key Details

  • Sold ownership stake in the Çöpler mine and related Türkiye properties to Cengiz Holding A.Ş. and affiliates.
  • Cash purchase price of approximately $1.49 billion, after giving effect to working capital adjustments.
  • Transaction was consummated pursuant to the Share Purchase Agreement dated March 24, 2026.
  • SSR Mining filed unaudited pro forma condensed consolidated financial statements (Exhibit 99.1) showing the Transaction’s effects.

Why It Matters
This is a material asset disposition that brings a large cash inflow (~$1.49B) to SSR Mining and will change the company’s asset base and exposure in Türkiye. Investors should note the company has provided unaudited pro forma financials to show how the sale affects its consolidated results and balance sheet; review those statements for impacts on liquidity, net cash, and future production profile.

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