SANDSTORM GOLD -- ehemals --Sandstorm Resources - Älteste Beiträge zuerst (Seite 68)

[KMST]

guter cc...kurs konnte ebenfalls wieder etwas zurecht gebogen werden.

[MONSIEURCB]

Interessanter Hintergrundartikel zum Merger:

http://seekingalpha.com/article/2179783-why-sandstorm-golds-…

[KMST]

PINECREST RESOURCES SIGNS LETTER OF INTENT FOR STRATEGIC ALLIANCE WITH
SANDSTORM GOLD AND INCREASES NON BROKERED PRIVATE PLACEMENT TO $3.6 MILLION

http://www.pinecrestresources.com/i/pdf/2014-07-16_NR.pdf

[KMST]

das ist dafür enttäuschend...

Luna Gold Announces Second Quarter Gold Production of 14,262 Ounces



VANCOUVER, BC--(Marketwired - July 16, 2014) - Luna Gold Corp. (TSX: LGC) (LMA: LGC) (OTCQX: LGCUF) ("Luna" or the "Company") announces that its gold production at the Aurizona Gold Mine for the three-month period ended June 30, 2014 (the "Second Quarter 2014") was 14,262 ounces of gold at an average grade processed of 1.14 grams per tonne.

Geoff Chater, Luna's President and CEO, stated, "Above average rainfall during the Second Quarter severely impacted the Company's ability to access ore in the pit which required processing of lower grade stockpiled ore. We have implemented a recovery plan which includes contracting additional mining equipment to increase material movement in an effort to deliver against 2014 guidance. At this time, the company production guidance of 85,000 to 95,000 ounces for 2014 is under review. The company will revisit its production guidance based on operational results when it publishes Second Quarter financial results on August 14, 2014.

[KMST]

Sandstorm Gold Announces Term Extension to Credit Facility

Vancouver, British Columbia | July 21, 2014
Sandstorm Gold Ltd. (“Sandstorm” or the “Company”) (NYSE MKT:SAND, TSX:SSL) is pleased to announce that it has amended its revolving credit agreement (the “Revolving Loan”), extending the term to five years. The Revolving Loan allows the Company to borrow up to US$100 million, for acquisition purposes, from a syndicate of banks including The Bank of Nova Scotia, Bank of Montreal and National Bank of Canada.

The Revolving Loan is subject to the same interest and standby fees as the Company’s previous revolving credit agreement announced on January 12, 2012.

[KMST]

Luna and Sandstorm Enter Into Negotiations Related to Restructuring of Existing Gold Stream on the Aurizona Gold Mine in Brazil

VANCOUVER, BC--(Marketwired - August 05, 2014) - Luna Gold Corp. (TSX: LGC)(LMA: LGC)(OTCQX: LGCUF) ("Luna" or the "Company") announces a non-brokered private placement (the "Placement") of up to 30,000,000 common shares (the "Placement Shares") priced at $1.02 per share, for gross proceeds of up to $30,600,000. As part of the financing, the Company has entered into a strategic investment agreement (the "Agreement") with Sandstorm Gold Ltd. ("Sandstorm") which, upon completion, will make Sandstorm the Company's largest shareholder.

In addition, Sandstorm and Luna have commenced discussions related to the potential modification of the Aurizona gold stream. The focus of the discussions is to explore opportunities that will increase value for both Sandstorm and Luna shareholders with the goal of improving Luna's access to capital, accelerating production and cash flow to both Sandstorm and Luna and leveraging the highly prospective brownfields and greenfields exploration targets. Sandstorm currently holds a gold stream agreement to purchase 17% of the life of mine gold produced from the open-pit operations at Aurizona at a per ounce price of US$404 (increasing 1% annually). Investors are cautioned that there can be no assurances that the negotiations will lead to a restructuring of the existing streaming agreement.

Pursuant to the Agreement, Sandstorm will purchase a minimum of 19,500,000 of the Placement Shares, for gross proceeds of approximately C$19.89 million, that, when combined with the 8.5 million shares of Luna already owned by Sandstorm, would result in Sandstorm owning approximately 19.8% of the issued shares of Luna. To the extent Luna sells additional shares in the Placement, Sandstorm will also have the right to purchase up to 20% of the additional Placement Shares. Sandstorm also will have the right (so long as Sandstorm owns greater than 15% of Luna) to maintain its ownership percentage through future private placements or public offerings and to appoint one member to Luna's Board of Directors.

In connection with the transaction, David Awram, Senior Executive Vice President of Sandstorm, will be appointed to Luna's board of directors. Mr. Luis ("Lucho") Baertl will step down as Chairman of Luna's Board and will be succeeded as Chairman by Luna's current Lead Independent Director, Mr. Steven Krause. Mr. Baertl will remain a Director of Luna.

Lucho Baertl, Chairman, Luna Gold commented, "Sandstorm has continued to be a supportive stakeholder, providing capital through its initial investment, debt facilities, capital contributions and now as an equity investor. We welcome Sandstorm's equity investment in Luna, as a strong financial partner, who will continue to work with us to develop the Aurizona gold endowment to its full potential."

"Sandstorm is committed to making the Aurizona mine a success for all stakeholders, and we believe our investment is a demonstration of such intent and a sign of our confidence in the future of Luna. I would like to thank Lucho Baertl for facilitating this transaction at the Board level," said Nolan Watson, President and CEO of Sandstorm.

On closing of the initial placement with Sandstorm, Luna will have approximately $36 million in cash, $40 million in working capital and $50 million in debt and 6,800 ounces of dore. If the Placement is fully subscribed, Luna will have approximately $46 million in cash and $50 million in working capital.

No finder's fees or commissions will be paid in connection with funds provided by Sandstorm. The Company may pay cash finder's fees of up to 6% on the remaining portion of the Placement. Proceeds of the transaction will be used for expenditures related to the Aurizona mine, ongoing brownfields and greenfields exploration at and around the Aurizona mine, and for general working capital.

The Company anticipates closing the Placement in one or more tranches. Closing is conditional upon receipt of approval of the Toronto Stock Exchange. All securities issued pursuant to the Placement will be subject to a statutory hold period of four months and one day from the date of issuance.

Read more at http://www.stockhouse.com/news/press-releases/2014/08/05/lun…

[KMST]

es ist zwar wichtig den größten partner zu stützen aber das ganze sind jetzt schon über 30 mio zusätzliche dollar für luna dieses jahr ohne zusätzlichen benefit...das ist der wert eines guten zusätzlichen streams...zum kotzen!

[KMST]

hab heute alle shares verkauft 20% plus warens noch...mittlerweile ist das doch alles fragwürdig hier geworden. ich warte zumindest auf erklärungen beim conference call oder auf eine übertreibung nach unten

[KMST]

Sandstorm Gold Announces Financial Results For Q2, 2014; Reiterates 2014 Guidance
1 comment | Wed August 13, 2014 7:47 PM|PR Newswire | About: SAND


VANCOUVER, Aug. 13, 2014 /PRNewswire/ - Sandstorm Gold Ltd. (SAND) (NYSE MKT: SAND, TSX: SSL) has released its unaudited results for the second quarter ended June 30, 2014 (all figures in U.S. dollars).

SECOND QUARTER HIGHLIGHTS

Strong balance sheet with over $110 million in cash at June 30, 2014.
Revenue of $13.2 million.
Attributable Gold Equivalent ounces sold1 of 10,149 ounces.
Average cash cost per ounce1 of $310 resulting in cash operating margins1 of $986 per ounce.
Operating cash flow of $9.4 million.
Net income of $3.0 million.
Remitted a $10 million loan to Luna Gold Corp. ("Luna") in accordance with its previously announced commitment to issue a non-revolving loan facility to Luna.
Acquired 100% of the issued and outstanding shares of Sandstorm Metals & Energy Ltd. (STTYF) ("Sandstorm Metals"), allowing Sandstorm management to focus on gold transactions going forward.

"The second quarter results demonstrated the value of diversification in our portfolio. Although a few of our streaming partners had challenging quarters and posted lower than expected production numbers, Sandstorm still recorded strong operating cash flow and earnings," said Sandstorm President & CEO, Nolan Watson. Watson added, "We are confident reiterating this year's attributable gold equivalent production guidance of 40,000 to 50,000 ounces of gold."

FINANCIAL RESULTS

Revenue and Gold Sales
Revenue was $13.2 million in the second quarter of 2014, generated from the sale of 10,149 attributable gold equivalent ounces. Revenue declined slightly compared with the comparable period in 2013, largely due to an 8% decrease in the average realized selling price of gold which was partially offset by an 8% increase in the number of attributable gold equivalent ounces sold.

Costs and Expenses
The average cash cost per attributable ounce was $310 during the period, resulting in a cash operating margin of $986 per ounce. The lower cash cost per attributable ounce decreased by 6% compared to the second quarter of 2013, due to an increase in the percentage of revenue coming from royalties as the Company continues to grow and diversify its asset base. The Company reduced administrative expenses by $1.7 million compared with the comparable period in 2013.

Earnings and Operating Cash Flow
For the three months ended June 30, 2014, net income and cash flow from operations were $3.0 million and $9.4 million, respectively, compared with a net loss and cash flow from operations of $15.2 million and $8.5 million for the comparable period in 2013. The change is attributable to a combination of factors including a $1.7 million decrease in administration expenses, a one-time gain of $2.6 million related to the acquisition of Sandstorm Metals, a number of non-recurring items and a non-cash charge of $1.2 million relating to the Company's Bracemac-McLeod royalty.

Balance Sheet
Total assets increased by $76.3 million from December 31, 2013 to June 30, 2014 primarily resulting from the assets acquired from the Sandstorm Metals business combination, operating cash flows and the exercise of warrants. The increase was partially offset by depletion expense and by a non-cash impairment charge on the Bracemac-McLeod royalty. At the end of the second quarter, the Company had $111.4 million in cash and cash equivalents and working capital of $109.4 million. In addition, the Company has $100.0 million in available capital under its undrawn revolving bank debt facility.

STREAMS AND ROYALTIES

The Company's stream and royalty segments for the three months ended June 30, 2014 are summarized in the table below:





Attributable gold equivalent ounces sold were 10,149 in the quarter, an increase of 8% from the comparable period in 2013. The increase is largely attributable to increased production from Metanor Resources Inc.'s ("Metanor") Bachelor Lake mine in Quebec, Canada ("Bachelor Lake") and Rambler Metals & Mining PLC's ("Rambler") Ming mine in Newfoundland, Canada ("Ming Mine") and partially offset by a decrease in production from Primero Mining Corp.'s ("Primero") Black Fox mine in Ontario, Canada ("Black Fox") and SilverCrest Mines Inc.'s Santa Elena Mine in Mexico ("Santa Elena").

Bachelor Lake Mine
Compared to the second quarter of 2013, an additional 940 gold ounces were sold from the Bachelor Lake Mine. The increase is primarily related to the mine reaching commercial production and the continued ramp up of operations. Metanor recently announced positive results from its underground drilling campaign at Bachelor Lake. The intention of the campaign is to increase the resources at the mine.

Ming Mine
A 64% increase in gold ounces sold from the Ming Mine was recorded compared to the second quarter of 2013. The increase was primarily related to Sandstorm's gold purchase entitlement increasing to 33% for the 2014 fiscal year (which resulted from low metallurgical recoveries obtained in 2013 triggering contract safeguards). Rambler recently released a favorable preliminary economic assessment that identifies the potential for an expansion of the Ming Mine into the lower footwall zone following additional value optimization studies and a feasibility study.

Black Fox Mine
Attributable gold equivalent ounces sold from the Black Fox Mine decreased by 24% compared to the second quarter of 2013. The decrease was primarily driven from insufficient underground development resulting in lower production during the three months ended June 30, 2014. Primero intends on making greater investments in underground development in an effort to improve mining and processing targets going forward.

Santa Elena Mine
There was a 48% decrease in gold ounces sold from Santa Elena largely related to SilverCrest transitioning, during the second quarter of 2014, from an open pit, heap leach operation to an underground mine and milling circuit. Despite the reduction in production, SilverCrest has maintained its annual guidance as it expects mine operations, during the second half of 2014, will realize higher metal recoveries and achieve full production through the mill.

Aurizona Mine
Sandstorm sold 2,334 ounces of attributable gold from Aurizona during the quarter, and although it was a slight decrease from the comparable period in 2013, it was a 42% decrease from the first quarter of 2014. The decrease was due to above average rainfall at the Aurizona mine which negatively impacted Luna's ability to access ore in the pit. As a consequence, Luna processed a higher amount of lower grade ore from the stockpile which resulted in lower gold production. Luna has revised its 2014 production guidance to a range of 75,000 to 80,000 ounces of gold.

In accordance with its previously announced commitment, the Company remitted a $20.0 million loan to Luna (whereby $10.0 million was advanced in 2013 and the remaining $10.0 million commitment was remitted in April 2014). The non-revolving loan is subject to interest at a rate of 12% per annum, subject to certain conditions, and will mature on June 30, 2017.

Subsequent to quarter end, the Company entered into a strategic investment agreement (the "Investment Agreement") with Luna, as part of which, Sandstorm participated in a Luna non-brokered private placement. Pursuant to the Investment Agreement, Sandstorm purchased 19.5 million shares of Luna, which when combined with the 8.5 million shares of Luna already owned by the Company, resulted in Sandstorm becoming the largest shareholder of Luna, owning approximately 19.8% of Luna's issued and outstanding shares. The Investment Agreement allowed Sandstorm to appoint one member to Luna's board of directors. The transaction aligns the interests of Luna and Sandstorm and allows both companies to work together in unlocking as much value as possible for their respective shareholders.

Royalties
Gold equivalent ounces sold attributable to royalties totaled 2,646 in the quarter, an increase of 35% from the comparable period in 2013. The royalty revenue was generated from 9 producing mines.

OUTLOOK

Based on the existing gold streams and royalties, attributable gold equivalent production for 2014 is forecasted to be between 40,000 to 50,000 attributable gold equivalent ounces, increasing to approximately 60,000 attributable gold equivalent ounces per annum by 2017. This growth is largely driven by the Company's portfolio of gold streams with mines, most of which are either currently producing or expected to commence production by 2015.

[Isengrad]

Diese Nachricht scheint hier untergegangen zu sein:

http://www.wallstreet-online.de/nachricht/6929920-schritt-ro…

Ich habe keine Sandstorm mehr und plane derzeit auch keinen Kauf. Sehe aber immer wieder gerne rein.
Isi