SANDSTORM GOLD -- ehemals --Sandstorm Resources (Seite 49)
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Neuigkeiten zur Sandstorm Gold Aktie
Viel Spaß dabei!
Pressemitteilung vom 03.05.2012 21:10:00
Sandstorm Gold Recognizes Record Gold Sales and Operating Cash Flow of US9.3 Million
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/03/12 -- Sandstorm Gold Ltd. (TSX VENTURE: SSL) ("Sandstorm" or the "Company") is pleased to announce its unaudited results for the first quarter ended March 31, 2012 (all figures in U.S. dollars).
First Quarter Highlights
-- Record operating cash flow of 9.3 million.
-- Record gold sales of 7,946 ounces.
-- Average cash cost per ounce(1) of 314 resulting in cash operating
margins of 1,380 per ounce.
-- Sandstorm entered into a revolving credit agreement to borrow up to 50
million, which remains undrawn.
(1) Sandstorm has included a non-IFRS performance measure in this press
release being average cash cost per ounce. Average cash cost per ounce
is calculated by dividing the Companys costs of sales by the number of
ounces sold. The Company presents average cash cost per ounce as it
believes that certain investors use this information to evaluate the
Companys performance in comparison to other companies in the precious
metals mining industry who present results on a similar basis.
"The first quarter proved to be another record quarter in terms of gold sales and cash flow," said President CEO Nolan Watson. "As our cash balance continues to grow, we are better positioned to complete additional gold streams while minimizing equity dilution. I am confident that our team will be able to add significant value through acquisition during 2012."
Based on existing gold stream agreements, the forecasted attributable production for 2012 is 26,000 to 34,000 ounces of gold increasing to over 50,000 ounces of gold per annum by 2015.
Further details of the individual commodity streams can be found within Managements Discussion and Analysis contained in the Companys first quarter 2012 report and on the Company website.
Webcast and Conference Call Details
A conference call will be held on Friday, May 4, 2012 starting at 8:30 am PDT to further discuss the first quarter results. To participate in the conference call use the following dial-in numbers:
Local / International: 647-788-4916
North American Toll-Free: 877-214-4966
It is recommended that participants dial in five minutes prior to the commencement of the conference call. Click here to access an audio webcast of the conference call which will also be available on the Sandstorm website.
Sandstorm Gold Announces Effective Date of Share Consolidation
By Benzinga Staff
May 08, 2012 5:10 PM
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 8, 2012) - Sandstorm Gold Ltd. ("Sandstorm" or the "Company") (TSX VENTURE:SSL)(TSX VENTURE:SSL.WT)(TSX VENTURE:SSL.WT.A) announces that, further to its press release of May 4, 2012, the Company will give effect to the consolidation of its common shares ("Common Shares") on the basis of five (5) pre-consolidation Common Shares for each one (1) post-consolidation Common Share (the "Consolidation") at 12:01 a.m. tomorrow, being Wednesday, May 9, 2012. Sandstorm shareholders authorized the Consolidation at the shareholder's meeting held on May 4, 2012 and the Company's post-consolidation Common Shares will be posted for trading on the TSX Venture Exchange ("TSXV") at the opening tomorrow, May 9, 2012 under the current symbol "SSL" and new CUSIP number 80013R206.
The 349,658,858 Common Shares issued and outstanding prior to the Consolidation have been consolidated to approximately 69,931,772 Common Shares. If, as a result of the Consolidation, a Shareholder would otherwise be entitled to a fraction of a post-Consolidation Common Share, the number of post-Consolidation Common Shares will be rounded to the nearest whole number. The Company's currently outstanding stock options will be adjusted on the same basis with proportionate adjustments being made to the stock option exercise prices.
The Company has an aggregate of 98,332,360 listed warrants (the "Listed Warrants") issued and outstanding trading on the TSXV under the symbols "SSL.WT" and "SSL.WT.A" and the Listed Warrants will continue to be traded on the TSXV under these symbols following the Consolidation of the Company's Common Shares. It is important to note that the Listed Warrants are not being consolidated. Following the Consolidation, each five (5) Listed Warrants of SSL.WT (expiring on April 23, 2014) will entitle the holder to purchase one post-consolidation Common Share at the adjusted total exercise price of US$3.00. Each five (5) Listed Warrants of SSL.WT.A (expiring on October 19, 2015) will entitle the holder to purchase one post-Consolidation Common Share at the adjusted total exercise price of US$5.00. In accordance with the terms of the Warrant Indentures governing the Listed Warrants, notice of the Consolidation has been sent to all holders of these warrants.
Sandstorm has mailed letters of transmittal to the registered holders of its Common Shares, requesting that they forward their pre-consolidation Common Share certificates to the Company's transfer agent, Computershare Investor Services Inc., for exchange for new Common Share certificates representing their Common Shares on a post-consolidation basis.
Ist bei Comdirect etwas verwirrend.
Die A1H7ZA oder die A1JX9B ???
ich werd die mods bitten dass umzustellen damit auch der
kurs gepflegt werden kann.
bisher (vielleicht) noch garnicht wahrgenommen worden :
Sandstorm Gold Acquires Two NSR Royalties From Magellan Minerals
VANCOUVER, BRITISH COLUMBIA, May 11, 2012 (MARKETWIRE via COMTEX) -- Sandstorm Gold Ltd. ("Sandstorm" or the "Company") CA:SSL +1.72% is pleased to announce that it has acquired from Magellan Minerals Ltd. ("Magellan") CA:MNM -2.44% , a 2.5% net smelter returns royalty ("NSR") on the Coringa gold project ("Coringa") and a 1.0% NSR on the Cuiu Cuiu gold project ("Cuiu Cuiu") both of which are located in Para state, Brazil. As consideration, Sandstorm will provide an upfront cash payment of US$7.5 million and will subscribe for one million shares of Magellan at a price of $0.50 per share. The share subscription is subject to approval from the TSX Venture Exchange.
As part of the agreement, Magellan has provided Sandstorm with a right of first refusal on any future royalty or gold stream financing for both the Coringa and Cuiu Cuiu projects.
"These two NSRs are on projects with existing resources and strong exploration upside in a mining friendly jurisdiction," said Sandstorm President & CEO Nolan Watson. "In addition, by receiving a right of first refusal on any streaming or royalty financings on these assets, Sandstorm is well positioned for the future."
About Coringa and Cuiu Cuiu
The Coringa gold project is located in Para State, 20 kilometres east of the BR-163 highway. Coringa is a narrow, high grade vein system extending over an eighteen kilometre strike with significant exploration upside. Magellan released a positive preliminary economic assessment on Coringa in May 2010, which is in the process of being updated, and will commence a feasibility study in the third quarter of 2012.
Cuiu Cuiu is located 180 kilometres southwest of Itaituba in northern Brazil. Exploration work has identified a series of major gold soil anomalies and Magellan anticipates conducting a drilling program during the second half of 2012 with plans to release a revised resource estimate in the first quarter of 2013.
viel spaß weiterhin
After years of selling it, IMF plans to buy $2 billion in gold
Submitted by cpowell on Mon, 2012-05-14 13:13. Section: Daily Dispatches
From Commodity Online
Monday, May 14, 2012
NEW YORK -- The International Monetary Fund is planning to purchase more than $2 billion worth of gold on account of rising global risks. The IMF currently holds around 2,800 tonnes of gold at various depositories
"The Fund is facing increased credit risk in light of a surge in program lending in the context of the global crisis. While the Fund has a multi-layered framework for managing credit risks, including the strength of its lending policies and its preferred creditor status, there is a need to increase the Fund's reserves in order to help mitigate the elevated credit risks," Bloomberg quotes a report by an IMF staff while also adding that a $2.3 billion gold purchase is in the planning.