Canadian precious metals producer SSR Mining Inc. has completed its $230 million share offering.
The offering also included $30 million pursuant to the exercise of the over-allotment option.
The company plans to use the proceeds to repurchase, in separate privately negotiated deals, around $150 million of its outstanding $265 million 2.875 percent convertible senior notes.
Additionally, SSR Mining intends to further use the funds for general corporate purposes.