SSR Mining Inc.

Hello, everyone, and welcome to SSR Mining's first quarter 2026 conference call. This call is being recorded. At this time, for opening remarks and instructions, introductions, I would like to turn the call over to Alex Huncheck from SSR Mining. Please go ahead.

Thank you, Operator, and hello, everyone. Thank you for joining today's conference call to discuss SSR Mining's first quarter 2026 financial results. Our consolidated financial statements have been presented in accordance with US GAAP. These financial statements have been filed on EDGAR and CDAR, and they are also available on our website. There is an online webcast accompanying this call, and you will find the information to access the webcast in this afternoon's news release and on our corporate website. Please note that all figures discussed during the call are in US dollars unless otherwise indicated. Today's discussion will include forward-looking statements. so please read the disclosures in the relevant documents. Additionally, we refer to non-GAAP financial measures during our discussion and in the accompanying slides. Please see our press release for information about the comparable GAAP measures. Rod Antle, Executive Chairman, will be joined by Michael Sparks, Chief Financial Officer, and Bill McNevin, EVP Operations and Sustainability, on today's call. I will now turn the line over to Rod.

Great. Thank you, Alex, and good afternoon to you all. It's been a strong and productive start to the year, and I'm proud of the outstanding work delivered across the company in the recent months. Most notably, in March, we announced and advanced a definitive agreement to sell our interest in the Chirpler mine for $1.5 billion in cash. This transaction is progressing well, and we expect it to close before the end of the third quarter of 2026. The divestment of Chirplla provides a strategic repositioning for SSR mining as a focused Americas-based gold and silver producer with a clear emphasis on free cash flow generation. Our portfolio is now anchored by the Marigold and Cripple Creek and Victor operations, two high-quality long-lived assets that together form the third largest gold production platform in the United States. Those operations offer meaningful runway to future growth and mine life extensions. Operationally, it was a solid quarter with our results tracking well against our internal plans and full year guidance. Financially, the business generated an impressive free cash flow of more than $210 million in the first quarter of the year. As a result, in following the settlement of our convertible notes at the end of March, we finished the quarter with more than $630 million in cash and zero debt. Our substantial cash position provides us with a robust balance sheet and flexibility to continue to invest in the organic growth opportunities across the portfolio and consideration for further capital returns to shareholders in the future. On that note, we completed the $300 million in share repurchases, acquiring more than 9 million shares subsequent to the quarter in April just passed. Since 2021, we have repurchased over 29 million shares at an average price of $21 per share, underscoring our disciplined capital allocation strategy and delivering meaningful per share value accretion to our shareholders. I'm sure you will agree, and after a busy and successful first quarter, we have created a very strong position for SSR moving forward. We expect our low-risk, Americas-focused platform and track record of disciplined capital allocation will position SSR mining as an attractive vehicle for investors seeking exposure both to gold and silver in the Americas. Before I move on to the next slide, I want to highlight some of the catalysts ahead for our business. First, we expect to provide an updated life and mine plan for Marigold in the coming 12 months, incorporating growth opportunities like Buffalo Valley as we push to optimize and extend mine life at Marigold. Next, we are continuing to advance various brownfield growth opportunities across the business, including both Puna and Seabee. And Bill's going to speak more on these in the coming slides. Further, we anticipate providing an update on our strategic review of Hot Madden in the coming months. And lastly, as noted, we expect the Chirplit transaction to close before the end of the third quarter which will add a further $1.5 billion in cash to our balance sheet. These catalysts in and of themselves present an opportunity to create additional value for our shareholders and will be further bolstered by the ongoing free cash flow from our America's operations. Let's move on to slide four and talk more about our track record of value creation. The figures on this slide illustrate a powerful picture of discipline and value creation. Over the past few years, we have clearly demonstrated a track record of value creation in per share metrics, capital returns, and M&A. I've spoken to our commitment to capital returns and particularly share buybacks But separately, we also have a clear track record of value accrued in M&A. This was most recently illustrated by the remarkable returns being generated from the acquisition of Cripple Creek and Victor in 2025. This is further supported across the portfolio where we have consistently demonstrated our ability to add value through mine life extensions and optimizations. These successes, combined with a supportive gold price environment, have driven a more than 300% increase in our consolidated consensus net asset value per share since 2024 and a better than 400% increase in consensus cash flow per share over the same period. A fantastic outcome that differentiates SSR amongst its peers. So I'm going to turn over to Michael on slide five to discuss the quarterly results.