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Vancouver-based miner Silver Standard Resources (TSX: SSO) reported it has filed an amended and restated short form base shelf prospectus with US and Canadian regulators to add US$200mn to potential share offerings.
The amended prospectus, filed with the SEC and each Canadian province except Quebec, will allow Silver Standard to offer shares worth US$200mn beyond the US$150mn already issued under the original prospectus.
The original and amended filings are valid for 25 months from February 18, 2009, or until March 18, 2011.
Proceeds from any offerings will be used for development, working capital, debt repayment and/or general corporate purposes, unless otherwise stated in a future prospectus supplement, SSO said.
The company has the Pirquitas silver mine in Argentina, development projects in Peru and Mexico, and numerous exploration properties.