EX-99.2 3 exhibit99-2.htm MATERIAL CHANGE REPORT DATED APRIL 8, 2011 Silver Standard Resources Inc.: Exhibit 99.2 - Filed by newsfilecorp.com

Form 51-102F3

Material Change Report

Item 1

Name and Address of Company

 

 

 

Silver Standard Resources Inc.

 

1400 - 999 West Hastings Street

 

Vancouver, BC V6C 2W2

 

 

Item 2

Date of Material Change

 

 

 

April 8, 2011

 

 

Item 3

News Release

 

 

The news release dated April 8, 2011 was disseminated through Marketwire’s Combined Canadian Timely Disclosure Network.

 

 

Item 4

Summary of Material Change

 

 

Silver Standard Resources Inc. (“Silver Standard” or the “Company”) announces today the closing of a previously announced secondary offering (the “Secondary Offering”) of units (the “Units”) pursuant to an underwriting agreement with a syndicate of underwriters (the “Underwriters”). An over-allotment option granted to the Underwriters in connection with the Secondary Offering was exercised in full, resulting in the sale of an aggregate of 11,500,000 Units at a price of C$10.00 per Unit for aggregate gross proceeds to the Company of C$115,000,000. Each Unit consisted of one common share (a “Pretivm Share”) of Pretium Resources Inc. (“Pretivm”) owned by the Company and one-half of a warrant of Pretivm (a “Warrant”), with each whole Warrant exercisable to purchase one Pretivm Share owned by the Company at an exercise price of C$12.50 for a period of 12 months following the closing of the Secondary Offering.

 

 

Item 5

Full Description of Material Change

 

 

 

5.1 Full Description of Material Change

 

 

 

See attached news release dated April 8, 2011.

 

 

 

5.2 Disclosure for Restructuring Transactions

 

 

 

Not applicable.

 

 

Item 6

Reliance on subsection 7.1(2) or (3) of National Instrument 51-102

 

 

 

Not applicable.

 

 

Item 7

Omitted Information

 

 

 

Not applicable.

 

 

Item 8

Executive Officer

 

 

 

Guy Davis, Corporate Counsel and Assistant Corporate Secretary

 

604.689.3846

 

 

Item 9

Date of Report

 

 

 

Dated at Vancouver, BC, this 8th day of April, 2011