Silver Standard Acquires 19.9% Interest in AbraPlata

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.

An early warning report will be filed with the relevant Canadian securities regulatory authorities. Copies of such reports may be obtained from SEDAR at www.sedar.com or by contacting Silver Standard.
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