Silver Standard Completes Transaction on Diablillos and M-18 Projects
02.11.2016 | CNW
VANCOUVER, Nov. 2, 2016 /CNW/ - Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) ("Silver Standard") announces today that it has completed the transaction on its Diablillos and M-18 projects with Huayra Minerals Corporation ("Huayra") for aggregate consideration including approximately $14 million payable over the first five years and a 19.9% equity interest in Huayra. Huayra is a company focused on exploration and development of mineral properties in Argentina. This transaction was previously announced in Silver Standard's news release dated September 19, 2016.
To receive Silver Standard's news releases by e-mail, please register using the Silver Standard website at www.silverstandard.com.
Contact
W. John DeCooman, Jr., Vice President, Business Development and Strategy, Silver Standard Resources Inc., Vancouver, BC, N.A. toll-free: +1 (888) 338-0046, All others: +1 (604) 689-3846, E-Mail: invest@silverstandard.com