Silver Standard Completes Transaction on Diablillos and M-18 Projects

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.

SOURCE Silver Standard Resources Inc.

For further information: 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

RELATED LINKS
www.silverstandard.com

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890