Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans”, or similar terminology.įorward-looking statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performances or achievements of Sandstorm to be materially different from future results, performances or achievements expressed or implied by such statements.
Forward-looking statements include, but are not limited to, statements with respect to the future price of gold, the estimation of mineral reserves and resources, realization of mineral reserve estimates, and the timing and amount of estimated future production. Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Sandstorm Gold Ltd. This press release contains "forward-looking statements", within the meaning of the U.S. Sandstorm has completed gold purchase or royalty agreements with Brigus Gold Corp., Canadian Zinc Corp., Colossus Minerals Inc., Columbus Gold Corp., Donner Metals Ltd., Entrée Gold Inc., Luna Gold Corp., Magellan Minerals Ltd., Metanor Resources Inc., Mutiny Gold Ltd., Santa Fe Gold Corp., SilverCrest Mines Inc., Rambler Metals and Mining plc and Solitario Exploration & Royalty Corp.įor more information visit: CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
Sandstorm is focused on low cost operations with excellent exploration potential and strong management teams. Sandstorm plans to grow and diversify its low cost production profile through the acquisition of additional gold streams. Sandstorm is a non-operating gold mining company with a portfolio of ten gold streams, six of which are producing gold, and five NSR royalties.
This agreement gives Sandstorm the right to purchase a percentage of the life of mine gold produced, at a fixed price. Sandstorm provides upfront financing for gold mining companies that are looking for capital and in return receives a gold streaming agreement. The Upfront Payment was previously remitted to Mutiny in the form of a loan, so there are no additional payments that are required to be made by Sandstorm. In accordance with the Amended Gold Stream, Sandstorm has agreed to purchase an amount equal to 2.6% of the gold produced from Deflector in exchange for an upfront payment of US$6 million (the “Upfront Payment”). Mutiny is developing the Deflector project located in the Murchison Region of Western Australia (“Deflector”). (“Sandstorm” or the “Company”) (NYSE MKT:SAND, TSX:SSL) has amended the previously announced gold stream agreement (the “Amended Gold Stream”) with Mutiny Gold Ltd. Aug| Vancouver, BC Sandstorm Gold Announces Amendment to the Deflector Gold Stream with Mutiny Gold
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