The shareholders of precious metals miners SSR Mining and Alacer Gold have approved their at-market merger, with only court approval still required for the transaction to close.
On closing, each of Alacer’s shares will be exchanged for 0.3246 of an SSR common share.
The transaction was approved by about 99.9% of the votes cast by Alacer shareholders at the special meeting of shareholders that was held on Friday, representing 79.9% of eligible shares voted.