Sandstorm Gold Royalties Provides Asset Update
/PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to provide updates on…
www.prnewswire.com
17. Dezember 2024, 07:03
"On March 19 and March 20, 2024, the Acquiror sold its entire share position in
Awale (the “Awale Share Sale”) comprised of 2,720,982 Post-Consolidation Awale Shares.
Prior to the completion of the Awale Share Sale, Sandstorm $SAND owned 2,720,982 Post-Consolidation Awale Shares and 125,000 Awale Warrants entitling it to purchase an additional 125,000 Post-Consolidation Awale Shares at an exercise price of C$0.40, which Awale Warrants expire on March 25, 2024.Upon completion of the Awale Share Sale, Sandstorm owns zero Post-
Consolidation Awale Shares, but retains ownership of the 125,000 Awale Warrants until they expire on March 25, 2024."
aus SEDAR
OMG was für ein Timing:
Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to announce that its Board of Directors has declared the Company's second quarterly cash dividend for 2024 in the amount of C$0.02 per common share to shareholders of record as of the close of business on April 16, 2024. The dividend will be paid on April 26, 2024.
Gruß,
GL
Sandstorm Gold Royalties Announces Sale of Select Non-Core, Non-Precious Metals Assets and Renews Normal Course Issuer Bid
May 2, 2024
...
Sandstorm has signed a definitive asset purchase agreement with Evolve Strategic Element Royalties Ltd. (“Evolve”) for the sale of eight royalties for cash consideration of $21.0 million (the “Cash Purchase Price”) plus the retention of the next $10 million in proceeds from the Copper Mountain Royalty (the “Transaction”). The Transaction is part of the Company’s previously announced plan to monetize certain non-core assets to expedite debt repayment.
Jetzt wissen wir auch, was die Nomad-Leute in der Zwischenzeit getrieben haben. Joseph de la Plante und Vincent Metcalfe haben eine neue Royalty-Firma aufgezogen. Ohne EM-Ausrichtung.
Nomad war im Ganzen eher eine frustrierende Nummer für die Kleinaktionäre.
Gruß,
GL
Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to announce that its Board of Directors has declared the Company's fourth quarterly cash dividend for 2024 in the amount of C$0.02 per common share to shareholders of record as of the close of business on October 15, 2024. The dividend will be paid on October 25, 2024.
Financial Highlights
Corporate Updates
First Gold Deliveries and Commercial Production at Greenstone
The Company received the first gold deliveries under its Greenstone gold stream following the mine's first gold pour in May 2024. Equinox Gold Corp. ("Equinox Gold") reported that Greenstone produced 42,400 ounces of gold in the third quarter and announced commercial production on November 6, 2024.
Balance Sheet Deleveraging
The Company continues to focus on deleveraging its balance sheet following several royalty and stream acquisitions in 2022. For the nine months ended September 30, 2024, the Company made net repayments of $56 million on its revolving credit facility. As of November 7, 2024, a balance of $369 million remains outstanding on the credit facility with an undrawn and available balance of $256 million.
Capital Allocation
As part of the Company's commitment to returning capital back to shareholders, the Company purchased approximately 1.1 million common shares for total consideration of $6.1 million during the nine months ended September 30, 2024.
In September 2024, the Company declared a dividend of C$0.02 per share, which was paid on October 25, 2024.
Outlook
Based on the Company's existing streams and royalties and the year-to-date outperformance of gold prices relative to other commodities, attributable gold equivalent ounces for 2024 are forecasted to be between 70,000 and 75,000 ounces. The Company's production forecast is expected to reach approximately 125,000 attributable gold equivalent ounces within the next five years, based solely on streams and royalties that the Company has bought and paid for.