An anonymous director of Sandstorm reports
SANDSTORM GOLD FILES EARLY WARNING REPORT
Sandstorm Gold Ltd., pursuant to National Instrument 62-103, the early warning system, and related take over bid and insider reporting issues, has purchased a total of 2,362,401 common shares of AuRico Metals Inc., representing approximately 2 per cent of the outstanding common shares of AuRico.
Prior to the acquisition of the acquired shares, Sandstorm owned directly a total of 11,812,001 AuRico shares, which represented approximately 10 per cent of the issued and outstanding AuRico shares. Upon completion of the acquisition of the acquired shares, a total 14,174,402 AuRico shares are now owned directly by Sandstorm, representing approximately 12 per cent of the issued and outstanding AuRico shares.
The acquired shares were acquired by Sandstorm on the open market over the facilities of the Toronto Stock Exchange and other published markets for the AuRico shares at prices ranging from 51 cents to 55 cents per acquired share.
The acquisition of the common shares by Sandstorm was effected for investment purposes. Sandstorm may from time to time acquire additional securities of AuRico, dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold its current position.
The early warning report, as required under National Instrument 62-103, contains additional information with respect to the foregoing matters and will be filed by the company on AuRico's SEDAR profile.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.