Business
Alacer Gold Obtains Final Order Approving Plan of Arrangement With SSR Mining
Alacer Gold Obtains Final Order Approving Plan of Arrangement With SSR Mining Cana...
About this update from Allied Strategic Resources Corp
[{"type":"text","content":"\n\n\n\nAlacer Gold Obtains Final Order Approving Plan of Arrangement With SSR Mining\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, BC and DENVER, CO, July 17, 2020\n\n\n\nVANCOUVER, BC and DENVER, CO, July 17, 2020 /CNW/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (\"SSR Mining\") and Alacer Gold Corp. (TSX: ASR) (ASX: AQG) (\"Alacer\") are pleased to announce today that Alacer has obtained a final order from the Supreme Court of Yukon approving the previously announced at-market merger of equals with SSR Mining, pursuant to a plan of arrangement under section 195 of the Business Corporations Act (Yukon) (the \"Transaction\"). \nPursuant to the Transaction, shareholders of Alacer will receive 0.3246 SSR Mining shares for each Alacer share held. As previously announced, each of SSR Mining and Alacer received all necessary shareholder approvals in connection with the Transaction at their respective special shareholder meetings held on July 10, 2020.  \nCompletion of the Transaction is subject to the receipt of certain regulatory approvals and satisfaction of other customary closing conditions. \nThe Transaction is more fully described in the joint management information circular of SSR Mining and Alacer dated June 2, 2020, copies of which are available on SSR Mining and Alacer's respective issuer profiles on SEDAR at www.sedar.com. \nAbout SSR Mining\nSSR Mining Inc. is a Canadian-based precious metals producer with three operations, including the Marigold gold mine in Nevada, U.S., the Seabee Gold Operation in Saskatchewan, Canada and Puna Operations in Jujuy, Argentina. SSR Mining also has two feasibility stage projects and a portfolio of exploration properties in North and South America. SSR Mining is committed to delivering safe production through relentless emphasis on Operational Excellence. SSR Mining is also focused on growing production and Mineral Reserves through the exploration and acquisition of assets for accretive growth, while maintaining financial strength.\nAbout Alacer\nAlacer is a leading low-co...