Alacer and SSR ready for shareholder votes

The shareholders of gold miners Alacer Gold and SSR Mining will meet on Thursday to vote on a C$2.4-billion merger.

Under the transaction, Alacer shareholders would receive 0.3246 SSR Mining shares for each Alacer share held, implying a consideration of C$8.19 a common share, and valuing Alacer at C$2.41-billion.