Gold miners SSR Mining and Alacer Gold on Monday announced their at-market merger of equals, creating a company with assets in the US, Canada, Argentina and Turkey.
Shareholders in TSX- and ASX-listed Alacer would receive 0.3246 SSR Mining shares for each Alacer share held, implying a consideration of C$8.19 a common share, valuing Alacer at C$2.41-billion.