SSR Mining Announces Normal Course Issuer Bid

12:00 Uhr  |  Business Wire

SSR Mining Inc. (Nasdaq/TSX: SSRM) ("SSR Mining" or the "Company") is pleased to announce that it has filed with and received acceptance from the Toronto Stock Exchange ("TSX") for a Notice of Intention to make a Normal Course Issuer Bid ("NCIB") under the requirements of the TSX, permitting SSR Mining to purchase for cancellation up to 21,502,189 common shares of the Company ("Common Shares"), representing approximately 10.0% of the public float of SSR Mining's total issued and outstanding Common Shares. As of March 26, 2026, SSR Mining had 216,507,895 issued and outstanding Common Shares. This announcement follows SSR Mining's announcement on February 17, 2026 of its board's approval of a Common Share buyback program, pursuant to which the Company is permitted to repurchase up to $300 million in Common Shares over a twelve-month period. The approval of the Common Share buyback program permits the Company to execute Common Share repurchases from time to time through a combination of open market purchases, privately negotiated transactions, accelerated share repurchase transactions, automatic share purchase transactions in accordance with an automatic share purchase plan, and other derivative transactions.

SSR Mining believes that the market price of its Common Shares does not always reflect the underlying fundamental value and future growth prospects of the Common Shares. The actual number of Common Shares that may be purchased by SSR Mining, if any, and the timing of such purchases, will be determined by SSR Mining based on a number of factors, including market conditions, financial results, capital investment priorities, the Company's valuation, and other opportunities to return capital to shareholders.

Under the NCIB, SSR Mining may purchase Common Shares over the next twelve-month period beginning March 31, 2026 and ending March 30, 2027. The exact timing and amount of any purchases will depend on market conditions and other factors. Under the NCIB, SSR Mining is not obligated to acquire any Common Shares and may suspend or discontinue purchases under the NCIB at any time. Any purchases made under the NCIB will be effected through the facilities of the TSX, Nasdaq and/or alternative Canadian and United States trading systems. Any purchases made pursuant to the NCIB will be made in accordance with the rules of the TSX, applicable U.S. securities laws and will be made at the market price at the time of the purchase. Under the NCIB, other than purchases made under block purchase exemptions, the Company may purchase up to 114,131 Common Shares on the TSX during any trading day, such number being 25% of 456,527 Common Shares, which is the average daily trading volume on the TSX for the most recently completed six calendar months prior to the TSX's acceptance of the notice of the NCIB.

The Company intends to enter into an automatic share purchase plan to be effective March 31, 2026 during the term of the NCIB to allow the Company to purchase Common Shares under the NCIB when the Company would ordinarily not be permitted to purchase Common Shares due to regulatory restrictions and customary self-imposed blackout periods.

About SSR Mining

SSR Mining is listed under the ticker symbol SSRM on the Nasdaq and the TSX.

For more information, please visit: www.ssrmining.com.

Cautionary Note Regarding Forward-Looking Information and Statements:

Except for statements of historical fact relating to us, certain statements contained in this news release constitute forward-looking information, future oriented financial information, or financial outlooks (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information may be contained in this document and our other public filings. Forward-looking information relates to statements concerning our outlook and anticipated events or results and in some cases, can be identified by terminology such as "may", "will", "could", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "projects", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts.

Forward-looking information and statements in this news release are based on certain key expectations and assumptions made by us. Although we believe that the expectations and assumptions on which such forward-looking information and statements are based are reasonable, undue reliance should not be placed on the forward-looking information and statements because we can give no assurance that they will prove to be correct. Forward-looking information and statements are subject to various risks and uncertainties which could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this news release. The key risks and uncertainties include, but are not limited to: changes in capital allocation strategies and priorities; local and global political and economic conditions; governmental and regulatory requirements and actions by governmental authorities, including changes in government policy, government ownership requirements, changes in environmental, tax and other laws or regulations and the interpretation thereof; developments with respect to global pandemics, including the duration, severity and scope of a pandemic and potential impacts on mining operations; risks and uncertainties resulting from the incident at Çöpler described in our Annual Report on Form 10-K for the year ended December 31, 2024; and other risk factors detailed from time to time in our reports filed with the Securities and Exchange Commission on EDGAR and the Canadian securities regulatory authorities on SEDAR+.

Forward-looking information and statements in this news release include any statements concerning, among other things: future purchases by the Company of its Common Shares; the Company's belief that the market price of its Common Shares does not always reflect the underlying fundamental value and future growth prospects of the Company; the Company's intention to enter into an automatic share purchase plan; and any and all other timing, exploration, development, operational, financial, budgetary, economic, legal, social, environmental, regulatory, and political matters that may influence or be influenced by future events or conditions.

Such forward-looking information and statements are based on a number of material factors and assumptions, including, but not limited in any manner to, those disclosed in any other of our filings on EDGAR and SEDAR+. While we consider these factors and assumptions to be reasonable based on information currently available to us, they may prove to be incorrect.

The above list is not exhaustive of the factors that may affect any of the Company's forward-looking information. You should not place undue reliance on forward-looking information and statements. Forward-looking information and statements are only predictions based on our current expectations and our projections about future events. Actual results may vary from such forward-looking information for a variety of reasons including, but not limited to, risks and uncertainties disclosed in our filings on our website at www.ssrmining.com, on SEDAR+ at www.sedarplus.ca, and on EDGAR at www.sec.gov and other unforeseen events or circumstances. Other than as required by law, we do not intend, and undertake no obligation to update any forward-looking information to reflect, among other things, new information or future events. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

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E-Mail: invest@ssrmining.com
Phone: +1 (888) 338-0046