SSR Mining to buy Roxmore Resources for about CAD 663 million cash plus Spinco shares
SSR Mining agreed to buy Roxmore Resources in a deal valued at about CAD 712 million on a fully diluted basis. Consideration per share set at CAD 6.75 cash, with 0.33 share of a new exploration spinout valued at about CAD 0.50. Cash portion totals about CAD 663 million, with the spinout implied at about CAD 49 million.