Silver Standard Resources (NASDAQ: SSRI) (TSX: SSO) (Silver Standard) is pleased to announce that we have filed a notice of alteration to change our name to SSR Mining Inc. (SSR Mining) effectiveAugust 1, 2017. Shareholders approved a special resolution to change the name at our Annual and Special Meeting of Shareholders heldMay 4, 2017.
OnAugust 1, 2017, our domain name will change towww.ssrmining.comand visitors to our current website address and communication to our current electronic mail addresses will be redirected. Our shares will continue to trade under our existing ticker symbols on the NASDAQ Capital Markets and the Toronto Stock Exchange until the SSR Mining ticker symbol SSRM becomes effective, which is expected on or aboutAugust 3, 2017.
Paul Benson, President and CEO said:
August 1stis an important day in our evolution as we change our name to SSR Mining to more accurately reflect our business focus. We have evolved from a silver-focused explorer to an intermediate precious metals producer with three mines in the Americas, two of which produce predominantly gold.
In fact, in 2017, approximately 80% of our revenue will be generated from gold production. We feel it is important to reflect our over 70-year history and, as such, our new name includes the initials of our existing name and builds on a strong brand, well-known by our stakeholders and the investment community. The name SSR Mining represents our accomplishments and proud history.
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