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06/28/13 7:29 AM

#825 RE: silvergun #824

Exercising of warrants could be a problem if you are not legal resident of Canada:

The original distribution of warrants by Sandstorm was made pursuant to exemptions from the requirement to register securities under U.S. securities laws. The warrant indenture, which governs the rights of the warrants, provides that a transfer to, and the exercise of warrants by a U.S. person is prohibited unless that individual is able to provide to a legal opinion demonstrating that there is an exemption available from the registration requirements of U.S. securities law.

Please contact your legal counsel before attempting to exercise or transfer the warrants. Your legal counsel should be able to assist you in determining whether there is an exemption available to you that would permit you to exercise or transfer the warrants.


http://www.sandstormgold.com/investors/warrant_info/