/FOR DISSEMINATION IN CANADA AND OVER CANADIAN NEWS SERVICES ONLY./
TORONTO, Feb. 24 /CNW/ - Arias Resource Capital Fund L.P. (the "Fund") announced that it acquired 1,618,000 common shares of Sandstorm Resources Ltd. (TSX.V: SSL) (the "Company") at a price of C$0.59 per share through the facilities of the Toronto Stock Exchange on February 24, 2010.
As of February 9, 2010, the Company had 227,662,880 common shares outstanding. The 1,618,000 common shares acquired by the Fund represent 0.7% of such outstanding shares. The Fund now owns a total of 24,200,000 common shares representing approximately 10.6% of the outstanding common shares of the Company.
The Fund acquired the common shares for investment purposes and may in the future increase or decrease its ownership of securities of the Company from time to time depending upon the business and prospects of the Company and future market conditions.
The dissemination of this release in the United States or to any United States news service may constitute a violation of U.S. securities laws.
SOURCE Arias Resource Capital Fund L.P.
For further information: For further information: Alberto Arias, phone: (212) 266-8600, fax: (212) 266-8615, e-mail: email@example.com