UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16
OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For August 1, 2011
Commission File Number: 000-26424
SILVER STANDARD RESOURCES INC.
(Translation of registrant's name into English)
1400 - 999 West Hastings Street
Vancouver, British Columbia
Canada V6C 2W2
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
[ x ] Form 20-F [ ] Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [ x ]
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _________
SUBMITTED HEREWITH
Exhibits
99.1 | News Release dated August 1, 2011 | |
99.2 | Material Change Report dated August 2, 2011 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Silver Standard Resources Inc. | ||
(Registrant) | ||
Date: August 2, 2011 | By: | /s/ Guy Davis |
Guy Davis | ||
Title: | Corporate Counsel and Assistant Corporate Secretary |
August 1, 2011 | News Release 11-16 |
SILVER STANDARD TO SELL BOWDENS PROJECT
VANCOUVER, B.C. Silver Standard Resources Inc. (Silver Standard) (NASDAQ: SSRI, TSX: SSO) announced today that it has entered into a definitive agreement with Kingsgate Consolidated Limited (Kingsgate) to sell 100% of the Bowdens project (Bowdens) in NSW, Australia, for an aggregate consideration of A$75 million ($83 million). Kingsgate is an Australian based company listed on the Australian Stock Exchange.
This transaction underscores the value of our portfolio and allows us to redeploy capital into accelerating production growth and our strong exploration pipeline, said John Smith, President and Chief Executive Officer of Silver Standard.
Under the terms of the definitive agreement, Silver Standard will sell its interest in Bowdens for:
Completion of the transaction is subject to customary conditions including receipt of any required regulatory approvals and third party comments. Silver Standard expects the transaction to close by October 2011.
Contact:
W. John DeCooman, Jr.
Vice President, Business Development
and Strategy
Silver Standard Resources Inc.
Vancouver, B.C.
N.A
toll-free: (888) 338-0046
All others: (604) 689-3846
E-Mail: invest@silverstandard.com
To receive Silver Standards news releases by e-mail, contact Investor Relations at invest@silverstandard.com or call (888) 338-0046. The TSX has neither approved nor disapproved of the information contained herein.
Statements contained in this news release that are not historical fact are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties include, but are not limited to, the closing of the sale by Silver Standard of the Bowdens Project including the receipt of all regulatory approvals and third party comments.
Form 51-102F3
Material Change Report
1 |
Name and Address of Company | |
Silver Standard Resources Inc. | ||
2 |
Date of Material Change | |
August 1, 2011 | ||
3 |
News Release | |
The news release dated August 1, 2011 was disseminated through Marketwires Combined Canadian Timely Disclosure Network. | ||
4 |
Summary of Material Change | |
Silver Standard Resources Inc. announced today that it has entered into a definitive agreement with Kingsgate Consolidated Limited (Kingsgate) to sell 100% of the Bowdens project (Bowdens) in NSW, Australia, for an aggregate consideration of A$75 million ($83 million). | ||
5 |
Full Description of Material Change | |
5.1 |
Full Description of Material Change | |
See news release dated August 1, 2011. | ||
5.2 |
Disclosure for Restructuring Transactions | |
Not applicable. | ||
6 |
Reliance on subsection 7.1(2) of National Instrument 51-102 | |
Not applicable. | ||
7 |
Omitted Information | |
Not applicable. | ||
8 |
Executive Officer | |
Guy Davis, Corporate Counsel and Assistant Corporate
Secretary | ||
9 |
Date of Report | |
Dated at Vancouver, BC, this 2nd day of August, 2011 |
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