Key Developments: Sandstorm Gold Ltd (SAND.A)

SAND.A on American Stock Exchange

5.51USD
4:01pm EDT
Price Change (% chg)

$0.00 (+0.00%)
Prev Close
$5.51
Open
$5.50
Day's High
$5.55
Day's Low
$5.44
Volume
40,334
Avg. Vol
112,617
52-wk High
$8.62
52-wk Low
$3.94

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Latest Key Developments (Source: Significant Developments)

Sandstorm Gold Ltd Lowers High End Of Prior FY 2013 Production Guidance
Tuesday, 5 Nov 2013 05:34pm EST 

Sandstorm Gold Ltd announced that for fiscal 2013, it expects attributable production to be between 33,000 and 37,000 gold equivalent ounces.  Full Article

Sandstorm Gold Ltd Announces Closing Of Premier Royalty Acquisition
Friday, 4 Oct 2013 02:46pm EDT 

Sandstorm Gold Ltd announced the closing of the previously announced acquisition of all the outstanding common shares of Premier Royalty Inc. (Premier Royalty). The resolution approving the Acquisition was approved by 99.95% of the votes cast by Premier Royalty shareholders at a special meeting held on September 30, 2013. A Final Order approving the Acquisition was granted by the Ontario Superior Court of Justice on October 3, 2013.  Full Article

Sandstorm Gold Ltd Announces Agreement To Acquire Premier Royalty Inc
Wednesday, 14 Aug 2013 08:30am EDT 

Sandstorm Gold Ltd and Premier Royalty Inc announced that they have entered into an arrangement agreement (the Arrangement Agreement) pursuant to which Sandstorm will acquire 100% of the outstanding common shares in the capital of Premier Royalty (the Premier Royalty Shares), other than the common shares of Premier Royalty currently owned by Sandstorm, by way of a plan of arrangement under section 182 of the Business Corporations Act (Ontario) (the Arrangement). Premier Royalty shareholders will receive common shares of Sandstorm (the Sandstorm Shares) on the basis of 0.145 of a Sandstorm Share for each Premier Royalty Share held. The Arrangement values the Premier Royalty Shares at approximately CAD0.89 per Premier Royalty Share, which represents a premium of 16% to the 20-day volume weighted average trading price of the Premier Royalty Shares on the Toronto Stock Exchange (the TSX) of approximately CAD0.77. Based on Sandstorm's closing share price on August 13, 2013, the total value of this transaction would be approximately CAD28.3 million. In accordance with the terms of the outstanding warrants to acquire Premier Royalty Shares (each, a Premier Royalty Warrant), each holder of a Premier Royalty Warrant outstanding immediately prior to the effective time of the Arrangement will receive on subsequent exercise of such holder's Premier Royalty Warrant, in accordance with its terms, for the same aggregate consideration payable for such warrant, 0.145 of a Sandstorm Share.  Full Article

Sandstorm Gold Ltd Reaffirms FY 2013 Production Guidance
Wednesday, 31 Jul 2013 05:59pm EDT 

Sandstorm Gold Ltd announced that for fiscal 2013, it expects attributable production to be between 33,000 and 40,000 gold equivalent ounces.  Full Article

Sandstorm Gold Ltd Reaffirms FY 2013 Production Guidance
Wednesday, 8 May 2013 06:16pm EDT 

Sandstorm Gold Ltd announced that for fiscal 2013, it forecasted attributable production of 33,000 to 40,000 gold equivalent ounces coming from seven active mines. Attributable production is expected to increase to approximately 70,000 gold equivalent ounces by fiscal 2016 from the Company's current portfolio of gold streams.  Full Article

Sandstorm Gold Ltd Announces Acquisition Of Additional Common Shares Of Premier Royalty Inc
Wednesday, 30 Jan 2013 04:10pm EST 

Sandstorm Gold Ltd announced that it has acquired 11 million common shares (the Common Shares) of Premier Royalty Inc . Sandstorm paid cash for the Common Shares at an average price of CAD1.98 per share (the Share Acquisition). With the completion of the Share Acquisition, Sandstorm owns 46,678,221 Common Shares of Premier Royalty, representing approximately 59.9% of the currently issued and outstanding shares.The acquisition of the Common Shares by Sandstorm was effected for investment purposes. Sandstorm may from time to time acquire additional securities of Premier Royalty, dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold its current position.  Full Article

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