Polymetal International Plc (LSE:POLY) acquired 10% stake in Polar Silver Resources Limited from Polar Acquisition Limited for $3 million on January 19, 2017. On completion, Polymetal will own 5% indirect stake in Prognoz silver deposit in Yakutia. Sam McLennan, Richard Brown of Morgan Stanley & Co. Limited and Tristan Lovegrove, Marcus Jackson of RBC Europe Limited acted as joint corporate brokers to Polymetal. Polymetal International Plc (LSE:POLY) completed the acquisition of 10% stake in Polar Silver Resources Limited from Polar Acquisition Limited on January 19, 2017.