Precious Metals M&A » By The Online Investor Staff, updated Sat., May. 4, 11:22 PM
Recent mergers and acquisitions in the Precious Metals M&A category.
Slide #5. Sandstorm Gold — Sandstorm Metals & Energy
Acquirer: |
Sandstorm Gold (NYSE:SAND) |
Acquiree: |
Sandstorm Metals & Energy |
Details: |
Sandstorm Gold Ltd. ("Sandstorm Gold" or the "Company") (NYSE MKT: SAND, TSX: SSL) has entered into a definitive arrangement agreement ("Arrangement Agreement") with Sandstorm Metals & Energy Ltd. ("Sandstorm Metals") (TSX-V: SND) pursuant to which Sandstorm Gold will acquire all of the issued and outstanding shares (the "Sandstorm Metals Shares") of Sandstorm Metals other than the Sandstorm Metals Shares currently owned by the Company. The transaction will be implemented by way of a statutory plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia). |
Sandstorm Gold is engaged as a resource-based company that seeks to acquire gold and other metals purchase agreements ("Gold Streams" or "Streams") and royalties from companies that have advanced stage development projects or operating mines. In return for making an upfront payment to acquire a Stream or royalty, Co. receives the right to purchase, at a fixed price per unit or at a fixed percentage of the spot price, a percentage of a mine's production for the life of the mine (in the case of a Stream) or a portion of the revenue generated from the mine (in the case of a royalty).
Open the SAND Page at The Online Investor »
Company Name: |
Sandstorm Gold Ltd |
Stock buyback: |
SAND buyback |
Website: |
www.sandstormgold.com |
Sector: |
Precious Metals |
Number of ETFs Holding SAND: |
9 |
Total Market Value Held by ETFs: |
$115.39M |
Total Market Capitalization: |
$989.00M |
% of Market Cap. Held by ETFs: |
11.67% |
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Open the SAND Page at The Online Investor (in a new window) »
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May 4, 2024 11:22 PM Eastern
Strong Buy (3.55 out of 4)
60th percentile
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