VANCOUVER, April 25, 2017 /CNW/ - Silver Standard Resources
Inc. (NASDAQ: SSRI) (TSX: SSO) ("Silver Standard") is pleased to
announce that Huayra Minerals Corp. ("HMC") completed its reverse
take-over ("RTO") of AbraPlata Resource Corp. (TSX.V:ABRA)
("AbraPlata") on April 24, 2017.
As a result of the RTO, Silver Standard's Class A Shares in HMC
were exchanged on a one-for-one basis for common shares in
AbraPlata resulting in Silver Standard directly holding 11,294,609
common shares of AbraPlata, representing 19.9% of the total issued
and outstanding common shares of AbraPlata as of April 24, 2017. The common shares of
AbraPlata are listed on the TSX Venture Exchange.
An early warning report will be filed with the relevant Canadian
securities regulatory authorities. Copies of such reports may be
obtained from SEDAR at www.sedar.com or by contacting Silver
Standard.
About Silver Standard
Silver Standard is a Canadian-based precious metals producer
with three wholly-owned and operated mines, including the Marigold
gold mine in Nevada, U.S., the
Seabee Gold Operation in Saskatchewan,
Canada and the Pirquitas silver mine in Jujuy Province,
Argentina. We also have two
feasibility stage projects and an extensive portfolio of
exploration properties throughout North and South America. We are committed to delivering
safe production through relentless emphasis on Operational
Excellence. We are also focused on growing production and Mineral
Reserves through the exploration and acquisition of assets for
accretive growth, while maintaining financial strength.
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register using the Silver Standard website at
www.silverstandard.com.
For further information 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
SOURCE Silver Standard Resources Inc.