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Sandstorm Gold Royalties Announces Second Quarter Sales Numbers
Sandstorm Gold Royalties Announces Second Quarter Sales Numbers Canada NewsWire ...
About this update from Silver Sands Resources Corp.
[{"type":"text","content":"\n\n\n\nSandstorm Gold Royalties Announces Second Quarter Sales Numbers\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, July 3, 2018\n\n\n\nVANCOUVER, July 3, 2018 /CNW/ - Sandstorm Gold Ltd. (dba Sandstorm Gold Royalties, \"Sandstorm\" or the \"Company\") (NYSE American: SAND, TSX: SSL) is pleased to report that the Company has sold approximately 14,450 attributable gold equivalent ounces1 during the second quarter of 2018. Approximately 85% of the ounces came from operations run by major and mid-tier mining companies.\n\nABOUT SANDSTORM GOLD ROYALTIES\n\nSandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. Sandstorm has acquired a portfolio of 188 royalties, of which 21 of the underlying mines are producing. Sandstorm plans to grow and diversify its low cost production profile through the acquisition of additional gold royalties. \n\nFor more information visit: www.sandstormgold.com\n\nNote 1\n\nSandstorm has included certain measures in this press release that do not have any standardized meaning prescribed by International Financial Reporting Standards (IFRS). As Sandstorm's operations are primarily focused on precious metals, the Company presents this measure as it believes that certain investors use this information to evaluate the Company's performance in comparison to other mining companies in the precious metals mining industry who present results on a similar basis. Other companies may calculate these measures differently as a result of differences in the underlying accounting principles, policies applied and in accounting frameworks, such as in IFRS. The presentation of these measures is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. The Company's estimated royalty and other commodity stream income is converted to an attributable gold equ...