Silver Standard Resources Inc. (TSX:SSO)(NASDAQ:SSRI) today announced the sale of its MAV II Class A-1 and A-2 Notes.

The press release is quoted as saying:

The carrying value of Silver Standard’s MAV II Class A-1, A-2, B, C and IA Tracking Notes as at September 30, 2009, was approximately US$24.9 million. The company continues to hold the MAV II Class B, C and IA Tracking Notes. The cash proceeds of CAD$21.2 million have been added to the company’s working capital.

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