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Metals & Mining M&A image Metals & Mining M&A » By The Online Investor Staff, updated Fri., Jul. 3, 6:32 PM Recent mergers and acquisitions in the Metals & Mining M&A category.

Slide #11. 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 a resource based company that seeks to acquire gold streams ("Gold Streams") from companies that have advanced stage development projects or operating mines. In return for making upfront payments to acquire a Gold Stream, Co. receives the right to purchase, at a fixed price per ounce, a percentage of a mine's gold production for the life of the mine. Co. is focused on acquiring Gold Streams from mines with low production costs, signicant exploration potential and strong management teams.

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Company Name: 
Sandstorm Gold Ltd
Stock buyback: 
SAND buyback
Website: 
www.sandstormgold.com
Sector: 
Precious Metals
Number of ETFs Holding SAND: 
5
Total Market Value Held by ETFs: 
$175.42M
Total Market Capitalization: 
$1.23B
% of Market Cap. Held by ETFs: 
14.23%
 

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Buy (3.17 out of 4)
47th percentile
(ranked lower than approx. 53% of all stocks covered)
Based on Zacks ABR data;
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