# Roxmore signs agreement to sell Converse to SSR and spin out other assets

> The proposed transaction would transfer Nevada’s Converse project to SSR while moving other exploration assets into a separate company.

- Canonical URL: https://newsverum.com/en/news/roxmore-ssr-mining-converse-sale-exploration-spinout-october-2026
- Publisher: Newsverum
- Section: Business
- Country: United States
- Published: 2026-10-15T22:33:53+00:00
- Updated: 2026-10-15T22:33:53+00:00
- Event / data period: 2026-10-13
- Other editions: [Türkçe](https://newsverum.com/tr/news/roxmore-ssr-mining-converse-sale-exploration-spinout-october-2026.md), [العربية](https://newsverum.com/ar/news/roxmore-ssr-mining-converse-sale-exploration-spinout-october-2026.md), [Français](https://newsverum.com/fr/news/roxmore-ssr-mining-converse-sale-exploration-spinout-october-2026.md), [Español](https://newsverum.com/es/news/roxmore-ssr-mining-converse-sale-exploration-spinout-october-2026.md), [Deutsch](https://newsverum.com/de/news/roxmore-ssr-mining-converse-sale-exploration-spinout-october-2026.md), [Português](https://newsverum.com/pt/news/roxmore-ssr-mining-converse-sale-exploration-spinout-october-2026.md)

Roxmore Resources said on October 13 that it had signed a definitive arrangement agreement with SSR Mining. The proposal transfers the Converse gold project in Nevada to SSR and places other exploration assets, including Rattlesnake Hills, Newton and Shabu River, into a new Spinco.

The stated total transaction value is approximately C$712 million on a fully diluted basis: C$663 million in cash plus an implied C$49 million value for Spinco shares. Roxmore shareholders are proposed to receive C$6.75 cash and 0.33 Spinco shares per share. The arrangement has not closed and remains subject to court, shareholder and regulatory approvals and other conditions.

## Data

### Announced total transaction value

Fully diluted total value stated for the proposed Converse sale and Spinco distribution.

Methodology: Approximate amount stated by the company in its transaction announcement. The agreement is signed but the transaction has not closed and requires approvals.

| label | value | unit | period | basis | value_qualifier |
|---|---|---|---|---|---|
| Proposed transaction value | 712 | million CAD | 2026-10-13 | estimate | approximate |

Sources: <https://www.newsfilecorp.com/release/318682> · Download data: [JSON](https://newsverum.com/api/v1/articles/roxmore-ssr-mining-converse-sale-exploration-spinout-october-2026/data/reported-figure?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/roxmore-ssr-mining-converse-sale-exploration-spinout-october-2026/data/reported-figure?lang=en&format=csv)

### Announced total transaction value

Fully diluted total value stated for the proposed Converse sale and Spinco distribution.

Methodology: Approximate amount stated by the company in its transaction announcement. The agreement is signed but the transaction has not closed and requires approvals.

| date | label | description | status |
|---|---|---|---|
| 2026-10-13 | Arrangement agreement signed | Proposed Converse sale to SSR and transfer of other assets to Spinco announced; closing remains conditional. | occurred |

Sources: <https://www.newsfilecorp.com/release/318682> · Download data: [JSON](https://newsverum.com/api/v1/articles/roxmore-ssr-mining-converse-sale-exploration-spinout-october-2026/data/reported-event?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/roxmore-ssr-mining-converse-sale-exploration-spinout-october-2026/data/reported-event?lang=en&format=csv)

## Sources

- [Roxmore Resources Inc.](<https://www.newsfilecorp.com/release/318682>) (Source checked: 2026-10-15; Published: 2026-10-13)

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