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silvergun

06/28/13 10:01 AM

#826 RE: eik #825

Thanks for the heads up. Strange Bc us investors are allowed to purchase SNXXF. So perhaps US investors can sell but cannot exercise in which case need to look into an exception.
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silvergun

08/01/13 9:14 AM

#857 RE: eik #825

Yea I called my broker and they said the SNXXF warrants don't have terms yet on how to exercise but they think they will be able to exercise in future as we get close to expiration date. Sand split but SNXXF did not split yet.
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MrC

09/03/13 11:48 PM

#885 RE: eik #825

silvergun, as stated on the Sandstorm Gold website, if you are not a Canadian citizen, you cannot exercise the warrants. Any US citizen needs to sell them 3 to 6 months before the expiration date. There will probably be a lot of Canadians willing to buy them as the price of SAND recovers.