Sandstorm Metals & Energy Ltd STTYF

NEWS ... SND adds Copper stream

[Kewl2]

This is EXCELLENT news for SND -- it broadens and diversifies our metals streams to include copper and utilizes the funds that have already been raised via the last PP. I assume that SND will issue it's own PR shortly but details are included in the following from our sister company SSL..............

Sandstorm Gold Acquires a Gold Stream on the Xstrata Operated Bracemac-McLeod Property

https://www.marketwire.com/press-release/sandstorm-gold-acquires-gold-stream-on-xstrata-operated-bracemac-mcleod-property-tsx-venture-ssl-1537613.htm

Included in above---->

"We are pleased to have acquired a gold stream on a strong mine, operated by one of the world's largest mining companies," said President & CEO Nolan Watson. "The Donner transaction highlights the financing synergy that we envisioned when Sandstorm Metals & Energy was spun-out from Sandstorm Gold in early 2010."

Further to a metals purchase agreement with Donner, Sandstorm Metals & Energy has agreed to purchase an amount of copper equal to 17.5% of the copper produced from the Bracemac-McLeod Property, in exchange for making a payment of US$20 million upon the completion by Donner of certain funding conditions, which are expected to be completed in the near future.

For more information see the Sandstorm Metals & Energy press release at https://www.sandstormmetalsandenergy.com.

In addition, Sandstorm Gold has entered into a cooperation agreement with Sandstorm Metals & Energy whereby the two companies, where applicable, will work together to complete metal streaming transactions and share joint operating expenses.