S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: The shareholders of Sandstorm Metals & Energy have agreed to the terms of a Plan of Arrangement with Sandstorm Gold. Sandstorm Metals & Energy will be acquired by Sandstorm Gold for a combination of cash and shares. The shares of Sandstorm Metals [...]
Sandstorm Metals & Energy is pleased to announce the completion of the previously announced plan of arrangement pursuant to which Sandstorm Gold has acquired 100% of the outstanding common shares of the Company. Under the Arrangement, Sandstorm Metals shareholders are entitled to 0.178 of a common share of Sandstorm Gold and CAD$0.35 to be paid in [...]
Sandstorm Metals & Energy is pleased to announce that shareholders have voted in favour of the previously announced plan of arrangement pursuant to which Sandstorm Gold will acquire all of the issued and outstanding common shares of the Company. The vote took place at an Annual and Special Meeting of Shareholders held today in Vancouver, British [...]
Sandstorm Metals & Energy has entered into a definitive arrangement agreement with Sandstorm Gold of Sandstorm Metals other than the Sandstorm Metals Shares currently owned by Sandstorm Gold. The transaction will be implemented by way of a statutory plan of arrangement under the Business Corporations Act (British Columbia). Upon completion of the [...]
Sandstorm Metals & Energy will release its 2014 fourth quarter and annual results on Tuesday, March 11, 2014, before market open. A conference call will be held on Tuesday, March 11, 2014 starting at 9:30am PST to further discuss the fourth quarter and annual results. To participate in the conference call use the following dial-in numbers [...]
Sandstorm Metals & Energy announces that Colossus Minerals has approved a proposal received from Sandstorm Gold and a group of holders of Colossus Convertible Gold Linked Notes . The terms of the proposal provide a restructuring of Colossus' capital structure through the conversion of its Gold Linked Notes and its metals purchase agreements with [...]
Sandstorm Metals & Energy announces a status update related to Colossus Minerals and their efforts to secure funding for the balance of the expenses required to commence production at the Serra Pelada Mine in Brazil. In a press release dated November 14, 2013, Colossus announced that development delays at Serra Pelada had resulted in a change to [...]
Sandstorm Metals & Energy has released its unaudited results for the third quarter ended September 30, 2013. Third Quarter Summary: Converted the copper stream on the Bracemac-McLeod Mine into a 2.4% net smelter return royalty (NSR) based on 100% of the production from the mine. $0.4 million in royalty revenue was received during the third quarter [...]
Sandstorm Metals & Energy will release its 2013 third quarter results on Tuesday, November 5, 2013, after market close. A conference call will be held on Wednesday, November 6, 2013 starting at 10:30am PST to further discuss the third quarter results. To participate in the conference call use the following dial-in numbers: Local/International [...]
Sandstorm Metals & Energy is pleased to announce that it has converted its copper stream along with Sandstorm Gold gold stream on the Bracemac-McLeod Mine into a 3% net smelter returns royalty based on 100% of production from Bracemac-McLeod. Bracemac-McLeod is located in Matagami and is owned and operated by a subsidiary of Glencore Xstrata. The [...]
Sandstorm Metals & Energy has released its unaudited results for the second quarter ended June 30. Acquired a 1.2% base metal NSR on the Prairie Creek project located in the Northwest Territories, Canada from Canadian Zinc Corp. for $6.8 million. Net loss of $13.4 million primarily due to a non-cash impairment charge of $12.1 million related to [...]
In the past several days Roumell Asset Management, has acquired over 1.5 million shares of Sandstorm Metals & Energy common stock, taking its ownership to 14.48% of the company's outstanding shares. This is a passive investment based on RAM's analysis of the company's underlying asset value and a strong belief in the leadership of Nolan Watson [...]