Mr. Michael McDonald of SSR Mining reports

ALACER GOLD OBTAINS FINAL ORDER APPROVING PLAN OF ARRANGEMENT WITH SSR MINING

Alacer Gold Corp. has obtained a final order from the Supreme Court of Yukon approving the previously announced at-market merger of equals with SSR Mining Inc., pursuant to a plan of arrangement under Section 195 of the Business Corporations Act (Yukon).

Pursuant to the transaction, shareholders of Alacer will receive 0.3246 SSR Mining share for each Alacer share held. As previously announced, each of SSR Mining and Alacer received all necessary shareholder approvals in connection with the transaction at their respective special shareholder meetings held on July 10, 2020.

Completion of the transaction is subject to the receipt of certain regulatory approvals and satisfaction of other customary closing conditions.

The transaction is more fully described in the joint management information circular of SSR Mining and Alacer dated June 2, 2020, copies of which are available on SSR Mining and Alacer's respective issuer profiles on SEDAR.

About SSR Mining Inc.

SSR Mining is a Canadian-based precious metals producer with three operations, including the Marigold gold mine in Nevada, United States, the Seabee gold operation in Saskatchewan, Canada, and the Puna operations in Jujuy, Argentina. SSR Mining also has two feasibility stage projects and a portfolio of exploration properties in North and South America. SSR Mining is committed to delivering safe production through relentless emphasis on operational excellence.

About Alacer Gold Corp.

Alacer is a leading low-cost intermediate gold producer whose primary focus is to leverage its cornerstone Copler gold mine and strong balance sheet as foundations to continue its organic multimine growth strategy, maximize free cash flow and therefore create maximum value for shareholders. The Copler gold mine is located in central-east Turkey in the Erzincan province, approximately 1,100 kilometres southeast from Istanbul and 550 km east from Ankara, Turkey's capital city.

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