Sandfire Resources America Inc V.SFR

Alternate Symbol(s): SRAFF

Metals & Mining Industrial Metals & Minerals

Sandfire Resources America Inc. is a Canada-based junior exploration company. The Company is focused on the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper Project in central Montana, the United States. The Black Butte Copper Project is located approximately 17 miles north of White Sulphur Springs and includes the Johnny Lee Deposit, which contains a copper concentration. The Black Butte Copper Project is an underground mine. This project uses state-of-the-art technology and modern techniques to mine high-grade copper. The Company is an 86.9% subsidiary of Sandfire Resources Ltd.

TSXV:SFR - Post by User

Sandfire Resources America Inc

Bullboard Posts

Post by INSTATradeon Sep 12, 2014 1:34pm

175 Views

Post# 22931306

$16 Million Dollar PP Just Closed @ $0.20 per Share

Big Disconnect - Super Deal Today

Shares @ $0.12 ????

Tintina Res closes $16-million placement, names new CEO

2014-09-12 09:38 ET - News Release

Mr. Bruce Hooper reports

TINTINA RESOURCES CLOSES TRANSACTION WITH NEW STRATEGIC PARTNER, SANDFIRE RESOURCES NL

Tintina Resources Inc. has closed its previously announced transaction with Sandfire Resources NL, which today purchased 80 million units of the company at a price of 20 cents per unit for gross proceeds of $16-million. Sandfire is an Australian Securities Exchange-listed company based in Perth, Australia, and the owner and operator of the DeGrussa copper-gold mine. The closing of the private placement gives Sandfire an initial 36-per-cent stake in the company (which would increase to 53 per cent if Sandfire exercises all of the warrants issued to it today). The funds raised will enable the company to continue work on a feasibility study and a mine operating permit application for the company's Black Butte copper project located in Montana, United States. For further details regarding the transaction, please see the company's news release dated Aug. 27, 2014. Following the closing, the company will have cash on hand of approximately $17.8-million with approximately 222 million shares outstanding.

TAU : TSXV

Industry: General Mining

HOLDINGS SUMMARY

Shareholders

Top Shareholders

Large Block Owners	8
Total Number of Shares Held	193.1M

% Change in Ownership	0%
% Shares Owned	33%

Monthly Rotation	Number of Shares	Value of Change (MM)	% of Shrs. Outstanding
Buyers 9/12/14	106,509,528	$20.52	74.7%
Sellers 9/12/14	5,000	$0.00	0.0%

Institutions	1 Holder
Mutual Funds	0 Holder
Other Major Holders	7 Holders

SHAREHOLDERS CONCENTRATION

79.4%56.1%

Top Institutional Holders

Concentration of Current % Held

Top 10 Institutions:

Top 20 Institutions:

Top 50 Institutions:

All:

Moderate
Avg. Turnover Rating

Name	Shares Held	Position Value	Percentage of Total Holdings since 9/12/14	% Owned of Shares Outstanding	Turnover Rating
Sandfire ...	80.0M	$12,505,747	+41%	56.1%	High
Soros Fund ...	47.2M	$8,766,328	+24%	33.2%	High
Electrum ...	35.1M	$6,516,830	+18%	24.7%	Low
Electrum Global ...	26.5M	$8,001,067	+14%	18.6%	--
Van Nieuwenhuyse ...	4.0M	$742,216	+2%	2.8%	Low
Collison (Kenneth)	200.0K	$37,111	0%	0.1%	Low
JACKO, ROBERT ...	50.0K	$14,107	0%	0.0%	--
Khan (Steven N)	25.0K	$4,639	0%	0.0%	Moderate