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Sandstorm Gold
Sandstorm Gold Ltd. (formerly Sandstorm Resources) provides financing for precious metal mining companies in the form of a 'gold streaming' transaction whereby an upfront cash payment is exchanged for a percentage of gold production from the mine. The finance model has also been called a volumetric production payment transaction and originated in the oil and gas sector.
==History==
Sandstorm Resources (now Sandstorm Gold)〔 was founded in 2008, when Nolan Watson and David Awram decided to create a metal streaming company that would be focused on gold acquisitions. Both Watson and Awram were former employees of Silver Wheaton, the first organization to apply this financial model to the mining industry. Sandstorm Gold is a publicly traded company, listed on the Toronto Venture Exchange under the symbol, SSL.
Sandstorm plans to grow and diversify through the acquisition of additional gold streams.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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