Precious Metals

Silver Standard Resources Acquires 19.9% Interest in AbraPlata Resource


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.

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The author Paul