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SSMR — Sunshine Silver Mining & Refining News Story

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Sunshine Silver Mining set for debut after $270 million IPO

BUZZ-Sunshine Silver Mining set for debut after $270 million IPO

** Sunshine Silver Mining & Refining SSMR.N set to make New York Stock Exchange debut later on Thursday after $270 million IPO

** Kellogg, Idaho-based SSMR sold 20 million shares at $13.50 apiece, the lower end of its marketed range of $13.50 and $16.50 per share

** SSMR is working on restarting a previously shuttered mine in Idaho's Silver Valley, one of the largest historic silver-producing regions in ​the U.S.

** Listing comes as silver demand is rising across solar, electrification, electronics and advanced technologies

** Morgan Stanley, Scotiabank and BMO Capital Markets acted as joint lead book-running managers for offering


(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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