Sandstorm Gold Ltd (SAND) Announces US$80 Million Bought Deal Financing
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Sandstorm Gold Royalties Announces US$80 Million Bought Deal Financing
September 27, 2022 4:09 PM EDTVANCOUVER, British Columbia, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Sandstorm Gold Ltd. (Sandstorm Gold Royalties or the Company) (NYSE: SAND, TSX: SSL) has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Scotiabank (the Underwriters) under which the Underwriters have agreed to buy from the Company, on a bought deal basis, 15,700,000 common shares (the Common Shares), at a price of US$5.10 per Common Share for gross proceeds to the Company of approximately US$80 million (the Offering). The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days... More
