Friday, February 12, 2010

Silver Standard Resources (TSX:SSO) Public Offering

Silver Standard Resources (TSX:SSO)

Silver Standard Resources (TSX:SSO) (NASDAQ:SSRI) announced in a press release they have filed a with the securities commissions of each providence of Canada, along with the Securities and Exchange Commission (SEC) in the United States in relationship to a public offering of its common shares.

The company said it is looking to raise about $100 million through the offering " to fund the exploration on and development of mineral properties, for working capital requirements, to repay indebtedness outstanding from time to time or for other general corporate purposes."

Silver Standard Resources (TSX:SSO)

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