Precious Metals M&A » By The Online Investor Staff, updated Thu., Apr. 25, 2:23 AM
Recent mergers and acquisitions in the Precious Metals M&A category.
Slide #64. Sandstorm Gold Ltd. — Premier Royalty
Acquirer: |
Sandstorm Gold Ltd. (SAND) |
Acquiree: |
Premier Royalty (NSR.CA) |
Details: |
Sandstorm Gold Ltd. ("Sandstorm" or the "Company") (NYSE MKT:SAND, TSX:SSL) and Premier Royalty Inc. ("Premier Royalty") (TSX:NSR) are pleased to announce that they have entered into an arrangement agreement (the "Arrangement Agreement") pursuant to which Sandstorm will acquire 100% of the outstanding common shares in the capital of Premier Royalty (the "Premier Royalty Shares"), other than the common shares of Premier Royalty currently owned by Sandstorm, by way of a plan of arrangement under section 182 of the Business Corporations Act (Ontario) (the "Arrangement"). |
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 »
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 NSR.CA 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: |
$110.59M |
Total Market Capitalization: |
$932.00M |
% of Market Cap. Held by ETFs: |
11.87% |
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