Sandstorm Metals and Energy Ltd (fka STTYF)

[Tommy]

$STTYF - $SND.V - Sandstorm: Another One Is Coming

http://seekingalpha.com/article/1303621-sandstorm-another-one-is-coming?source=yahoo

... "Just Recently Sandstorm announced the dissolution of its Terrex oil streams, whereby Sandstorm will receive;

$3.26m cash
The delivery of certain Terrex equipment having an approximate value of $3m
A $4m secured debenture with a 5-year term, bearing interest at 6%.
Some Shares in the "new company," Anterra.

Available Capital : Cash at 9/30/2012: $37.7m, less increase in Bracemac-Mcleod for $7m, less $7m payment remaining to Thunderbird, plus $3.26m from Terrex restructuring, less $5m Oyu Tolgoi, less $15m restricted cash for Serra Pelada = approx $7m." ...