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nkob1974

07/16/19 5:18 AM

#42 RE: nowwhat2 #35

The 20 million was a block trade. Sandstorm Gold sold their shares to a institutional investor to reduce their debt.

https://www.sandstormgold.com/news/press-releases/sandstorm-gold-royalties-provides-asset-and-corporate-update-20190625

SANDSTORM MONETIZES NON-CORE EQUITY INVESTMENTS
Sandstorm recently sold approximately US$17 million of its equity investments, representing a continuation of the Company’s strategy to monetize non-core assets. Proceeds from the sale were largely used to pay down debt drawn on the Company’s revolving credit facility.