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Sandstorm Gold Ltd. SAND announced the completion of the previously announced sale of its 1.66% interest in net profits in the Antamina copper mine to Horizon Copper.
Horizon Copper is Sandstorm's strategic expansion partner. Sandstorm Gold received $20 million in cash from Horizon Copper as well as a 1.66% life-of-mine silver stream from the Antamina silver production.
Further, in exchange for the net profits in Antamina, SAND got a secure long-term convertible note with a principal amoun...
>>> Read more: Sandstorm Gold (SAND) Provides an Update on Its Asset Portfolio
Horizon Copper is Sandstorm's strategic expansion partner. Sandstorm Gold received $20 million in cash from Horizon Copper as well as a 1.66% life-of-mine silver stream from the Antamina silver production.
Further, in exchange for the net profits in Antamina, SAND got a secure long-term convertible note with a principal amoun...
>>> Read more: Sandstorm Gold (SAND) Provides an Update on Its Asset Portfolio
