Mr. Edward Farid reports

SSR MINING ANNOUNCES SALE OF EMX UNITS

SSR Mining Inc. has entered into an agreement with Scotiabank under which Scotiabank will purchase, by way of a block trade, 6,161,524 units at a price of $1.93 per unit for gross proceeds to SSR Mining of $11,891,741 (approximately $8.9-million (U.S.)). Each unit consists of one freely tradeable common share of EMX Royalty Corp. owned by SSR Mining and one right (option) to purchase an additional common share of EMX owned by SSR Mining at a price of $2.27 per share expiring on Dec. 31, 2024. In the event all of the options are exercised, the total gross proceeds to SSR Mining would be $25,878,401 (approximately $19.4-million (U.S.)) at a blended price of $2.10 per share.

Immediately prior to the sale, SSR Mining owned 12,323,048 common shares of EMX, representing approximately 11 per cent of the issued and outstanding common shares of EMX. As a result of the sale, and prior to any exercise of the options, SSR Mining's ownership in EMX has decreased to 6,161,524 common shares, representing approximately 5.5 per cent of the issued and outstanding common shares of EMX. If all of the options are exercised, SSR Mining will own no common shares of EMX. The sale is expected to close on Dec. 22, 2023, subject to customary closing conditions. Net proceeds of the sale will be paid directly to SSR Mining. EMX will not receive any proceeds from the sale.

The proceeds of the sale will be used toward SSR Mining's organic growth initiatives and continuing capital returns, reflecting the company's successful strategy of reinvesting proceeds from non-core asset sales into higher-return opportunities within the company's portfolio. Since the start of 2021, SSR Mining has realized in excess of $300-million (U.S.) in aggregate consideration for non-core asset sales.

SSR Mining disposed of the common shares for the purpose of monetizing its equity position in EMX, and may or may not purchase or sell securities of EMX in the future on the open market or in private transactions, depending on market conditions, general economic and industry conditions, EMX's business and financial condition and/or other relevant factors.

This press release is issued pursuant to National Instrument 62-104 and National Instrument 62-103. An early warning report regarding the disposition of the common shares by SSR Mining will be electronically filed with the securities commission in each jurisdiction where EMX is reporting, a copy of which will be available under EMX's profile on SEDAR+.

About SSR Mining Inc.

SSR Mining is a leading, free-cash-flow-focused gold company with four producing operations located in the United States, Turkey, Canada and Argentina, combined with a global pipeline of high-quality development and exploration assets. Over the last three years, the four operating assets combined have produced on average more than 700,000 gold equivalent ounces annually. SSR Mining is listed under the ticker symbol SSRM on the Nasdaq Stock Market and the Toronto Stock Exchange and the symbol SSR on the Australian Securities Exchange.

We seek Safe Harbor.