Sandstorm Gold Ltd Announces Acquisition Of Additional Common Shares Of Premier Royalty Inc
Sandstorm Gold Ltd announced that it has acquired 11 million common shares (the Common Shares) of Premier Royalty Inc . Sandstorm paid cash for the Common Shares at an average price of CAD1.98 per share (the Share Acquisition). With the completion of the Share Acquisition, Sandstorm owns 46,678,221 Common Shares of Premier Royalty, representing approximately 59.9% of the currently issued and outstanding shares.The acquisition of the Common Shares by Sandstorm was effected for investment purposes. Sandstorm may from time to time acquire additional securities of Premier Royalty, dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold its current position.