Proxy firms Institutional Shareholder Services (ISS) and Glass Lewis have recommended that shareholders in SSR Mining and Alacer Gold vote for merger of equals, arguing that the at-market transaction makes strategic sense.
The SSR meeting and Alacer meetings will be held online on July 10, in a virtual-only format.
As part of its SSR Mining analysis, ISS stated that the transaction would result in the creation of a diversified gold producer with an experienced management team.