SSR Mining Announces Changes to the Board of Directors

Rhea-AI Summary

SSR Mining (NASDAQ: SSRM) announced the resignation of Board Directors Beverlee F. Park and Elizabeth A. Wademan, who played key roles post-merger with Alacer Gold. Following their departures, the Board now comprises eight directors, with ongoing evaluations planned for its composition. SSR Mining is focused on growth and operates four producing assets across the USA, Turkey, Canada, and Argentina, delivering approximately 711,000 gold-equivalent ounces in 2020.

Positive

• Board restructuring may bring fresh perspectives.
• Continued focus on growth strategy post-merger.

Negative

• Loss of experienced directors could impact continuity.

DENVER, Oct. 15, 2021 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) ("SSR Mining" or "the Company") announced today that Beverlee F. Park and Elizabeth A. Wademan have resigned from the Company's Board of Directors. Park and Wademan were directors of SSR Mining prior to the merger with Alacer Gold and continued as Directors following the completion of the merger.

Mike Anglin, Chairman of the Board, said, "I would like to thank Beverlee and Elizabeth for their years of service on the Board and particularly for their respective roles in the integration of the merger with Alacer Gold. We wish them the best in their future endeavors."

Following the resignations, SSR Mining's Board of Directors will be comprised of eight Directors. SSR Mining will continue to evaluate the composition and size of the Board as we advance our growth strategy for the Company.

About SSR Mining

SSR Mining Inc. is a leading, free cash flow focused intermediate gold company with four producing assets located in the USA, Turkey, Canada, and Argentina, combined with a global pipeline of high-quality development and exploration assets in the USA, Turkey, Mexico, Peru, and Canada. In 2020, the four operating assets produced approximately 711,000 gold-equivalent ounces. SSR Mining is listed under the ticker symbol SSRM on the NASDAQ and the TSX, and SSR on the ASX.

SSR Mining Contacts

F. Edward Farid, Executive Vice President, Chief Corporate Development Officer  
Alex Hunchak, Director, Corporate Development and Investor Relations 

SSR Mining Inc.
E-Mail: invest@ssrmining.com
Phone: +1 (416) 306-5789 

To receive SSR Mining's news releases by e-mail, please register using the SSR Mining website at www.ssrmining.com. 

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SOURCE SSR Mining Inc.

FAQ

What recent changes occurred in SSR Mining's Board of Directors?

SSR Mining announced the resignations of Beverlee F. Park and Elizabeth A. Wademan from its Board of Directors.

What impact might the resignations of Park and Wademan have on SSR Mining?

The resignations may affect continuity and experience on the Board during the company's growth strategy.

How many directors are currently on SSR Mining's Board?

Following the resignations, SSR Mining's Board now consists of eight directors.

What is SSR Mining's focus after the recent Board changes?

SSR Mining will continue to evaluate its Board's composition and focus on advancing its growth strategy.