Suvarna Garge (Editor)

Sandstorm Gold

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Public

Services
  
Financial

Website
  
www.sandstormgold.com

Founded
  
2007

Industry
  
Mining

Number of employees
  
12

Headquarters
  
Vancouver, Canada

Founders
  
Nolan Watson, David Awram

Sandstorm Gold wwwsandstormgoldcomtemplates2sourceimglogojpg

Traded as
  
NYSE MKT: SAND TSX: SSL

Stock price
  
SSL (TSE) CA$ 5.76 +0.22 (+3.97%)20 Mar, 4:00 PM GMT-4 - Disclaimer

Subsidiaries
  
Sandstorm Metals & Energy Ltd.

Nolan watson president ceo of sandstorm gold ltd premarket prep for july 15 2014


Sandstorm Gold Ltd. (formerly Sandstorm Resources) provides financing for precious metal mining companies in the form of a 'gold streaming' transaction whereby an upfront cash payment is exchanged for a percentage of gold production from the mine. The finance model has also been called a volumetric production payment transaction and originated in the oil and gas sector.

Contents

Sandstorm gold celebrates listing on nyse mkt


History

Sandstorm Resources (now Sandstorm Gold) was founded in 2008, when Nolan Watson and David Awram decided to create a metal streaming company that would be focused on gold acquisitions. Both Watson and Awram were former employees of Silver Wheaton, the first organization to apply this financial model to the mining industry. Sandstorm Gold is a publicly traded company, listed on the Toronto Venture Exchange under the symbol, SSL.

Sandstorm plans to grow and diversify through the acquisition of additional gold streams.

Management and directors

  • Nolan Watson, Chairman, President & Chief Executive Officer
  • David Awram, Senior Executive Vice President and Director
  • Erfan Kazemi, Chief Financial Officer
  • Ron Ho, Vice President of Finance
  • Andrew T. Swarthout, Director; President and Director of Bear Creek Mining
  • John P. A. Budreski, Director; President, Chief Executive Officer and Director of Morien Resources Corp.
  • David E. DeWitt, Director; Chairman of Pathway Capital Ltd.

    • Articles

  • Case, John (August 26, 2009). "A Metal Stream Company 100% Exposed to the Gold Price". Paradigm Capital Initiation Report. 
  • Curic, Anthona D. (March 11, 2010). "Precious Metals: Gold". Versant Partners - Sector Report. 
  • Korstrom, Glen (January 2–8, 2007). "2006 BiV Forty under 40 Winners - B.C.'s brightest young business stars totally exposed". Business In Vancouver. 
  • McRae, Michelle (January 2003). "The 2002 UFE Medallists". Beyond Numbers. 
  • McRae, Michelle (June 2009). "Early Achievement Award Winners". Beyond Numbers. 
  • Moritsugu, John (April 14, 2010). "Sandstorm Targets More Than Precious Metals". Dow Jones News Service. 
  • O'Keefe, Matthew (April 1, 2010). "Full Stream Ahead". Cormark Securities Inc. 
  • Roulston, Lawrence (December 2009). "Year End Quarterly Review". Lawrence Roulston's Resource Opportunities. 
  • West, James (June 25, 2009). "Sandstorm Resources and the Gold Royalty Model". Midas Letter. 
  • Nagle, Shane (February 24, 2011). "Taking The Royalty Space By Storm". National Bank Financial Equity Research. 

    • References

    Sandstorm Gold Wikipedia
    (Text) CC BY-SA