the offering will be priced at $17, and sure enough the stock traded down to around 17:
Silver Standard Resources Inc. (TSX:SSO - News)(NASDAQ:SSRI - News) has priced its previously announced public offering of common shares (the "Offering"). Pursuant to the Offering, the company will issue 5,882,353 common shares at a price of US$17.00, for aggregate gross proceeds of approximately US$100 million. The company will file a final prospectus supplement to its existing amended and restated short form base shelf prospectus with the securities commissions in each of the provinces of Canada, other than Quebec, and will make a similar filing with the United States Securities and Exchange Commission. Closing of the Offering is expected to occur on or about February 18, 2010.
The company has also granted the underwriters of the Offering an option, exercisable for a period of 30 days following the closing of the Offering, to purchase additional common shares for additional gross proceeds of up to approximately US$15 million.
http://finance.yahoo.com/news/Silver-Standard-Announces-iw-3994810034.html?x=0&.v=1