Mr. Rod Antal reports

SSR MINING ANNOUNCES CLOSING OF CRIPPLE CREEK & VICTOR ACQUISITION

SSR Mining Inc. completed the previously announced acquisition of the Cripple Creek & Victor (CC&V) gold mine from Newmont Corp. on Feb. 28, 2025. As consideration for the transaction, SSR Mining made a $100-million cash payment to Newmont, with up to $175-million in additional milestone-based payments to be made in the future.

CC&V is expected to meaningfully increase SSR Mining's scale, free cash flow and portfolio diversification, and it positions the company as the third-largest gold producer in the United States. As of Dec. 31, 2024, CC&V hosted 2.4 million ounces of gold mineral reserves, an 85-per-cent year-over-year increase from the 1.3 million ounces of gold mineral reserves as of Dec. 31, 2023. Newmont also reported an additional 800,000 ounces of measured and indicated gold mineral resources and 900,000 ounces of inferred gold mineral resources for CC&V as of Dec. 31, 2024. SSR Mining expects to publish a technical report and life-of-mine plan for CC&V within the next 12 months.

With the closing of the transaction, production and free cash flow from CC&V are attributable to SSR Mining effective March 1, 2025. The company anticipates reporting consolidated full-year 2025 production and cost guidance, including attributable guidance for CC&V, before the end of the first quarter.

Rod Antal, executive chairman of SSR Mining, said: "We are thrilled to welcome CC&V and its team to SSR Mining. This transaction adds another long-lived, free-cash-flow-generative asset to the portfolio, and we look forward to showcasing our longer-term plans for the operation."

About SSR Mining Inc.

SSR Mining is listed under the ticker symbol SSRM on the Nasdaq Stock Market and the Toronto Stock Exchange. The company expects to remain listed on the Australian Securities Exchange under the ticker symbol SSR until market close on April 7, 2025.

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