SSR Mining agrees to buy Roxmore Resources for C$6.75 per share in cash
SSR Mining agreed on October 13, 2026 to acquire all outstanding shares of Roxmore Resources through a British Columbia plan of arrangement, paying C$6.75 per share in cash. The company said the cash component is funded from its current balance sheet and estimated the fully diluted equity value at about $464 million, with enterprise value of $392 million, excluding the value of a new spin-off company. The deal adds Roxmore's Converse gold project in Nevada, six kilometers from SSR's Marigold mine, which the company says could add about 150,000 to 170,000 ounces of annual gold production with initial capital of $800 million to $900 million.
Key points
- Cash consideration of C$6.75 per Roxmore common share; estimated fully diluted equity value of about $464 million and enterprise value of $392 million, excluding SpinCo
- Closing requires approval by at least 66 2/3% of votes cast by Roxmore securityholders, and the Supreme Court of British Columbia; the company expects completion in Q4 2026
- Either party may terminate if closing has not occurred by April 13, 2027; Roxmore would owe a C$18.0 million termination fee in certain circumstances
- Roxmore securityholders with about 26.8% of shares have agreed to vote in favor; SSR Mining will hold a 14.99% stake in SpinCo, which will receive US$10.0 million in funding
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.