M&A Deal Summary

SSR Mining Acquires Alacer Gold

On May 11, 2020, SSR Mining acquired metals/mining company Alacer Gold

Acquisition Highlights
  • This is SSR Mining’s 4th transaction in the Metals/Mining sector.
  • This is SSR Mining’s 2nd transaction in the United States.
  • This is SSR Mining’s 1st transaction in Colorado.

M&A Deal Summary
Date 2020-05-11
Target Alacer Gold
Sector Metals/Mining
Buyer(s) SSR Mining
Deal Type Merger
Advisor(s) Scotia Capital, Inc. (Scotiabank - Global Banking and Markets) (Financial)
Stikeman Elliott (Legal)

Target

Alacer Gold

Denver, Colorado, United States
Alacer Gold Corp. is a low-cost intermediate gold producer whose primary focus is to leverage its cornerstone Çöpler Gold Mine and strong balance sheet as foundations to continue its organic multi-mine growth strategy, maximize free cash flow. The Çöpler Gold Mine is located in east-central Turkey in the Erzincan Province, approximately 1,100 kilometers ("km") southeast from Istanbul and 550km east from Ankara, Turkey's capital city.

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Buyer(S) 1

Buyer

SSR Mining

Denver, Colorado, United States
Category Company
Founded 1946
Sector Metals/Mining
Employees2,500
Revenue 1.4B USD (2023)
DESCRIPTION

SSR Mining is a mining company focused on the operation, development, exploration and acquisition of precious metal projects. SSR Mining was founded in 1946 and is headquartered in Denver, Colorado.

DEAL STATS #
Overall 4 of 5
Sector (Metals/Mining) 4 of 5
Type (Merger) 1 of 1
State (Colorado) 1 of 1
Country (United States) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-22 Puna Operations

Jujuy, Argentina

Puna Operations, Inc. is a joint venture comprised of the Chinchillas mine and the Pirquitas property, which includes the Pirquitas processing facilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-02 Taiga Gold

Cranbrook, British Columbia, Canada

Taiga Gold is committed to building shareholder value by advancing its portfolio of gold projects through self-funded exploration programs and collaborative partnerships with other mining and exploration companies. Through this process and with a simplified corporate structure, the goal of Taiga Gold Corp. is to create itself a compelling target for companies wishing to acquire high-quality gold projects for advancement. Taiga Gold is based in Cranbrook, British Columbia.

Buy CA$27M
Mergr

Product

Company

Legal