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.
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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: [email protected]