CAPITAL MARKETS

Big Silver Standard raising

INVESTORS have dug deep and backed Silver Standard Resources to the tune of a whopping $US165.6 million ($A218 million), with the funds to be used to get the Pirquitas project in Argentina off the ground.

Ben Sharples
Big Silver Standard raising

Canadian-based Silver Standard issued 7.2 million shares at $23 each to a syndicate of underwriters to raise the funds. The underwriters have also been granted an option to purchase a further 1.08 million...

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