Silver Standard Completes Sale of Berenguela Project


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VANCOUVER, May 2, 2017 /PRNewswire/ - Silver Standard Resources Inc. (NASDAQ:SSRI) (TSX:SSO) ("Silver Standard") announces today that it has completed the sale of its Berenguela project in the Lampa Province of Puno, Peru ("Berenguela") to Valor Resources Limited (ASX: VAL) ("Valor") for aggregate consideration of $12 million in deferred cash and a 9.9% equity interest in Valor. Valor is an Australian-based company, focused on mineral project exploration and development, listed on the ASX Limited. This transaction was previously announced in Silver Standard's news release dated February 13, 2017.

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

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.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Press Releases