June 1, 2026 – Vancouver, British Columbia – Phenom Resources Corp. (TSX-V: PHNM; FSE: 1PY0) announced a letter of intent governing an expected non-brokered private placement investment by SSR Mining Inc. and a proposed joint venture on the Company’s Dobbin Property in Nevada.
SSR Mining Inc., a US$6.5B Denver-based company, is the third largest gold producer in the United States, operating the Marigold mine in Nevada, Cripple Creek & Victor in Colorado, Seabee in Saskatchewan and Puna in Argentina.
Under the proposal, SSR would acquire 9.9% of Phenom’s issued shares by purchasing 13,518,353 common shares at CAD$0.40 per share for proceeds of CAD$5,407,341.20 (approximately US$3,917,370).
This is a summary. Read the complete news release, including the Qualified Person statement and forward-looking information, on phenomresources.com. Full text to be migrated via WordPress import.