Sandstorm Gold Ltd. is a growth focused resource based company that seeks to complete gold purchase agreements with companies that have advanced stage development projects or operating mines. A gold purchase agreement involves Sandstorm making an upfront cash payment to its partners and in exchange, Sandstorm receives the right to purchase a percentage of the gold produced for the life of the mine, at a fixed price per ounce. Sandstorm helps other companies in the resource industry grow their business, while acquiring attractive assets in the process.
Sandstorm is focused on low cost operations with excellent exploration potential and strong management teams. Sandstorm has completed gold purchase agreements with Luna Gold Corp., SilverCrest Mines Inc., Santa Fe Gold Corp., Rambler Metals and Mining plc, Brigus Gold Corp. and Metanor Resources Inc.
Sandstorm's experienced management team led by Nolan Watson (President & CEO) and David Awram (Executive Vice President of Corporate Development) have a successful track record in the metal streaming business dating back to 2005 with Silver Wheaton (which they helped build into the largest metal streaming company in the world) and more recently with Sandstorm Metals & Energy. Sandstorm Gold intends to grow aggressively and accretively by completing a number of gold purchase agreements with companies in the resource sector.
Stock: SSL.V; SNDXF.PK
Warrant: SSL-WT.V; SNXXF.PK - Exercise @ US$0.60, Expire April 23, 2014
Warrant: SSL-WTA.V; SDXXF.PK - Exercise @ US$1.00, Expire October 19, 2015
As of 12/31/2010:
318,063,147 Shares Outstanding
119,036,211 Warrants Outstanding
Company website: http://www.sandstormgold.com/s/Home.asp
Stock Info: http://www.sandstormgold.com/s/StockInfo.asp
Latest presentation: http://www.sandstormgold.com/i/pdf/Presentation.pdf