Silver Standard Receives Extension on the Chinchillas Project Option Agreement

Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) (“Silver Standard”) announces that Golden Arrow Resources Corporation (TSX-V: GRG) (“Golden Arrow”) and Silver Standard have agreed to extend the period in which we have the right to exercise our option to form a joint venture with Golden Arrow for the development of the Chinchillas project (the “Business Combination Agreement”).
As quoted in the press release:

This period has been extended to March 31, 2017. The Business Combination Agreement was previously announced in our news release dated October 1, 2015.

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Source: ir.silverstandard.com