Silver Standard announces public offering of common shares
The company will also grant to the underwriters of the Offering an option, exercisable for a period of 30 days following the closing of the Offering, to purchase additional common shares for additional gross proceeds of up to approximately
The company intends to use the net proceeds from this Offering for the development of mineral properties, working capital requirements, to repay indebtedness outstanding from time to time or for other general corporate purposes.
UBS Securities Canada Inc. will act as lead manager and sole book runner of the Offering.
A copy of the preliminary prospectus supplement and the short form base shelf prospectus may be obtained in
This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
Forward Looking Statements: Statements in this news release relating to the preliminary prospectus supplement and the corresponding filing in
(Source: Silver Standard Resources Inc.)
SOURCE Silver Standard Resources Inc.
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