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SSR Mining Announces Redemption of 2.875% Convertible Senior Notes Due 2033
VANCOUVER, Feb. 13, 2020 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) ("SSR Mining") today announced that it intends to redeem for cash all of
About this update from Ssr Mining Inc.
[{"type":"text","content":"VANCOUVER, Feb. 13, 2020 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (\"SSR Mining\") today announced that it intends to redeem for cash all of its outstanding 2.875% Senior Convertible Notes due 2033 (the \"2013 Notes\") on March 30, 2020 (the \"Redemption Date\") totaling an aggregate principal amount of $114,947,000, in each case, at a redemption price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to, but excluding, the Redemption Date (the \"Redemption Price\"). Following the redemption of the 2013 Notes, no 2013 Notes will remain outstanding.\nIn order to receive the Redemption Price, the Notes must be presented to The Bank of New York Mellon, as paying agent, at the address set forth in the notice of redemption delivered to holders for the 2013 Notes (the \"Notice\"). The Notice is being sent to all registered holders today. Interest on the 2013 Notes will cease to accrue on and after the Redemption Date, and the only remaining right of holders of the 2013 Notes is to receive payment of the Redemption Price.\nThis press release is for informational purposes only and shall not constitute a notice of redemption of the 2013 Notes or an offer to purchase, or a solicitation of an offer to sell, any 2013 Notes or other securities.\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. We also have two feasibility stage projects and a portfolio of exploration properties in North and South America. We are committed to delivering safe production through relentless emphasis on Operational Excellence. We are also focused on growing production and Mineral Reserves through the exploration and acquisition of assets for accretive growth, while maintaining financial strength.\nFor further information contact:W. John DeCooman, Jr.Senior Vice President, Business Development and StrategySSR Mining Inc.Vancouver, BCToll free: +1 (888) 338-0046All others: +1 (604) 689-3846E-Mail: [email protected]\nTo receive SSR Mining's news releases by e-mail, please register using the SSR Mining website at www.ssrmining.com. \nCautionary Note Regarding Forward-Looking Statements\nThis news release contains forw...