Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) ("Silver Standard") announces that each of the 7 nominees listed in the management proxy circular for the 2016 Annual and Special Meeting of Shareholders were elected as directors of Silver Standard at the Annual Meeting held in Vancouver on Wednesday, May 18, 2016. Detailed results of the vote for the election of directors are set out below:

                    Votes For  % For  Votes Against  % Against
Number of Directors 49,143,087 99.24% 377,534        0.76%
Nominee Name        Votes For  % For  Votes Withheld % Withheld
A.E. Michael Anglin 32,133,798 98.69% 427,924        1.31%
Paul Benson         32,215,256 98.94% 346,466        1.06%
Gustavo A. Herrero  32,174,214 98.81% 387,508        1.19%
Beverlee F. Park    32,214,677 98.93% 347,045        1.07%
Richard D. Paterson 32,139,266 98.70% 422,456        1.30%
Steven P. Reid      32,223,622 98.96% 338,100        1.04%
Peter W. Tomsett    32,151,738 98.74% 409,984        1.26%

At the Annual and Special Meeting, the shareholders of Silver Standard also approved: (i) the appointment of the auditors and authorized the directors to set the auditor's remuneration; (ii) a non-binding advisory resolution accepting Silver Standard's approach to executive compensation; and (iii) a resolution approving the issuance of such number of common shares of Silver Standard as may be required in order for Silver Standard to acquire all of the issued and outstanding shares of Claude Resources Inc., in accordance with the arrangement agreement dated March 7, 2016, as amended by an amending agreement dated March 30, 2016 (the "Share Issuance Resolution"). The voting results on each resolution are set out below:

                           Votes For  % For  Votes Withheld % Withheld
Appointment of Auditor     49,153,613 99.26% 367,010        0.74%
                           Votes For  % For  Votes Against  % Against
Advisory Vote on Executive 31,417,245 96.49% 1,144,476      3.51%
Compensation
Share Issuance Resolution  30,419,287 93.42% 2,142,435      6.58%

For further information contact:W. John DeCooman, Jr.Vice President, Business Development and StrategySilver Standard Resources Inc.Vancouver, BCN.A. toll-free: +1 (888) 338-0046All others: +1 (604) 689-3846E-Mail:[email protected]

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SOURCE Silver Standard Resources Inc.