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SSR Mining to acquire Roxmore Resources for CA$712M, offering 58% premium and creating new exploration spinco.

Company Fundamentals
13 Oct 2026
Newsfile Corp
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Bullish
SSR Mining to acquire Roxmore Resources for CA$712M, offering 58% premium and creating new exploration spinco.

SSR Mining has agreed to acquire all outstanding shares of Roxmore Resources for approximately CA$712 million, including CA$663 million in cash and shares in a new exploration company, Roxmore Spinco. The deal offers Roxmore shareholders a 58% premium over the recent trading price and includes a spinco holding Roxmore's exploration assets except the Converse Project, which SSR will own. Roxmore Spinco will be led by Roxmore's CEO and capitalized with US$10 million cash, allowing shareholders to retain exposure to exploration upside. The transaction, approved by Roxmore's board and supported by major shareholders, is expected to close in December 2026 pending regulatory and shareholder approvals.

Roxmore Resources sale to SSR Mining and spinout news provides context for Basic Materials sector data on Pluang. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 13, 2026 17:11 WIB: Out of 62 priced US stocks, 39 rose and 18 fell. SSR Mining Inc. (SSRM) traded at USD 34.39 with a 1-day change of -2.96% and a typical hold time of 4 days. Gold Fields Limited (GFI) rose 2.97% to USD 37.85 with 82% sell orders. Harmony Gold Mining Co. (HMY) gained 2.82% to USD 17.15 with 99% buy orders.

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