Acquires royalties and metal streams by providing an up-front payment to gold mining companies in exchange for a percentage of future production.|
Details: Sandstorm Gold Ltd. is a growth focused resource based company that seeks to complete gold purchase agreements with gold mining companies that have advanced stage development projects or operating mines. A gold purchase agreement involves Sandstorm making an upfront cash payment to its partners and in exchange, Sandstorm receives the right to purchase a percentage of the gold produced for the life of the mine, at a fixed price per ounce. Sandstorm helps other companies in the resource industry grow their business, while acquiring attractive assets in the process. Sandstorm is a non-operating gold mining company and the only 100% pure gold streaming company.