SSR Mining Inc. and Alacer Gold Corp. completed their C$2.41 billion at-market merger after receiving all regulatory approvals and satisfying all closing conditions.

Each issued and outstanding Alacer Gold share was exchanged for 0.3246 of an SSR Mining share, as per the terms of the agreement.

Upon the close of Sept. 15 trading, SSR Mining had a pro forma market capitalization of approximately US$5 billion, according to a Sept. 16 news release.

SSR Mining shares continue to trade on the Toronto Stock Exchange and Nasdaq Global Select Market. Its CHESS Depositary Interests, or CDIs, are expected to begin trading Sept. 17 on the ASX.

Alacer Gold's CDIs stopped trading on the ASX at the close of Sept. 14 trading. The company is expected to delist from the TSX on or around Sept. 18 and from the ASX no later than Sept. 23.

Rod Antal is president and CEO of SSR mining, and Michael Anglin is chairman, as previously announced, and the executive team also includes Stewart Beckman as COO and Gregory Martin as CFO.

The board comprises five directors from each of the previous boards, including the chair and the CEO. The board also includes Thomas Bates, Brian Booth, Edward Dowling, Simon Fish, Alan Krusi, Beverlee Park, Kay Priestly and Elizabeth Wademan.