VANCOUVER, July 2, 2014 /CNW/ - Sandstorm Gold Ltd. ("Sandstorm" or the
"Company") (NYSE MKT:SAND, TSX:SSL) is pleased to announce the
appointment of Mary L. Little to the Company's Board of Directors.
Ms. Little is a director and founder of Mirasol Resources Ltd.
("Mirasol"), a precious metals company focused on exploration in Latin
America. As the Chief Executive Officer, Ms. Little led Mirasol's
growth as a successful prospect generator, and spearheaded corporate
development activities, including the negotiation of joint ventures and
the sale of a principal asset. Ms. Little's industry experience
includes fifteen years in Latin America with major mining companies
Newmont, Cyprus Amax and WMC Ltd., where she held management positions
including Business Development Manager and Country Manager. Ms. Little
has extensive experience in the exploration and evaluation of
epithermal precious metals deposits, as well as porphyry and
sediment-hosted mineral environments. She holds a M.Sc. degree in
Earth Sciences from the University of California, and a MBA degree from
the University of Colorado. Ms. Little has served as trustee for the
Society of Economic Geologists Foundation since 2010.
Sandstorm's President & CEO, Nolan Watson remarked, "Adding someone with
Mary's level of expertise and experience to our Board of Directors will
further strengthen the Sandstorm team. We look forward to
Mary's contribution as we continue to grow the Company."
ABOUT SANDSTORM GOLD
Sandstorm Gold Ltd. is a gold streaming company. Sandstorm provides
upfront financing to gold mining companies that are looking for capital
and in return, receives a gold streaming agreement. This agreement
gives Sandstorm the right to purchase a percentage of the gold produced
from a mine, for the life of the mine, at a fixed price per ounce.
Sandstorm has acquired a portfolio of nine streams and twenty-eight
royalties, fourteen of which are producing gold. Sandstorm plans to
grow and diversify its low cost production profile through the
acquisition of additional gold streams.
For more information visit: www.sandstormgold.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This press release contains "forward-looking statements", within the
meaning of the U.S. Securities Act of 1933, the U.S. Securities
Exchange Act of 1934, the Private Securities Litigation Reform Act of
1995 and applicable Canadian securities legislation, concerning the
business, operations and financial performance and condition of
Sandstorm Gold Ltd. ("Sandstorm"). Forward-looking statements include,
but are not limited to, statements with respect to the future price of
gold, the estimation of mineral reserves and resources, realization of
mineral reserve estimates, and the timing and amount of estimated
future production. Forward-looking statements can generally be
identified by the use of forward-looking terminology such as "may",
"will", "expect", "intend", "estimate", "anticipate", "believe",
"continue", "plans", or similar terminology.
Forward-looking statements are made based upon certain assumptions and
other important factors that, if untrue, could cause the actual
results, performances or achievements of Sandstorm to be materially
different from future results, performances or achievements expressed
or implied by such statements. Such statements and information are
based on numerous assumptions regarding present and future business
strategies and the environment in which Sandstorm will operate in the
future, including the price of gold and anticipated costs. Certain
important factors that could cause actual results, performances or
achievements to differ materially from those in the forward-looking
statements include, amongst others, gold price volatility,
discrepancies between actual and estimated production, mineral reserves
and resources and metallurgical recoveries, mining operational and
development risks relating to the parties which produce the gold
Sandstorm will purchase, regulatory restrictions, activities by
governmental authorities (including changes in taxation), currency
fluctuations, the global economic climate, dilution, share price
volatility and competition.
Forward-looking statements are subject to known and unknown risks,
uncertainties and other important factors that may cause the actual
results, level of activity, performance or achievements of Sandstorm to
be materially different from those expressed or implied by such
forward-looking statements, including but not limited to: the impact of
general business and economic conditions, the absence of control over
mining operations from which Sandstorm will purchase gold and risks
related to those mining operations, including risks related to
international operations, government and environmental regulation,
actual results of current exploration activities, conclusions of
economic evaluations and changes in project parameters as plans
continue to be refined, risks in the marketability of minerals,
fluctuations in the price of gold, fluctuation in foreign exchange
rates and interest rates, stock market volatility, as well as those
factors discussed in the section entitled "Risks to Sandstorm" in
Sandstorm's annual report for the financial year ended December 31,
2013 available at www.sedar.com. Although Sandstorm has attempted to
identify important factors that could cause actual results to differ
materially from those contained in forward-looking statements, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such statements
will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements. Sandstorm does not undertake to update any forward looking
statements that are contained or incorporated by reference, except in
accordance with applicable securities laws.
SOURCE: Sandstorm Gold Ltd.
For further information:
Sandstorm Gold Ltd.
Nolan Watson, Chief Executive Officer
Denver Harris, Investor Relations Contact