Sandstorm Gold Ltd T.SSL

Alternate Symbol(s): SAND

Metals & Mining Gold

Sandstorm Gold Ltd. is a Canada-based precious metals-focused streaming and royalty company. The Company is focused on acquiring royalties and gold and other metals. The Company holds a portfolio of over 230 royalties, of which 41 of the underlying mines are producing. Its segments include Antamina, Aurizona, Blyvoor, Bonikro, Caserones, Cerro Moro, Chapada, Fruta del Norte, Hounde, Mercedes, Vale Royalties, and others. Antamina open-pit copper mine located in the Andes Mountain range of Peru, approximately 270 kilometers (km) north of Lima. Aurizona mine is in Brazil. The Blyvoor gold mine is located on the Witwatersrand gold belt, South Africa. The Bonikro gold mine is located in Cote d’Ivoire. Caserones open pit mine is in the Atacama region of Chile. Chapada mine is located 270 km northwest of Brasilia in Goias State, Brazil. Mercedes gold-silver mine in Sonora, Mexico. Black Fox mine and Froome mine are located in Ontario, Canada.

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Sandstorm Gold Ltd

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Comment by thasison Feb 17, 2013 8:53pm

282 Views

Post# 21004062

RE: RE: Entree deal complete?

Thanks MP

Yes here are the details below.

Private Placement
Sandstorm Gold has agreed to subscribe to 17,857,142 common shares of Entrée Gold stock, at a price of $0.56 per share, for gross proceeds of nearly $10 million.
Rio Tinto, which holds 13% interest in Entrée Gold, has 10 business days to exercise its right to participate in a similar transaction in order to sustain its current stake in the company. Should Rio Tinto choose not to exercise its right, Sandstorm will hold a 12.2% stake in Entrée after the investment.

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