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Sandstorm Gold Announces New US$50 Million Revolving Credit Facility |
January 13, 2012
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 12, 2012) - Sandstorm Gold Ltd. ("Sandstorm" or the "Company") (TSX VENTURE:SSL) announced that it has entered into a revolving credit agreement with The Bank of Nova Scotia which allows the Company to borrow up to US$50 million (the "Revolving Loan"). The Revolving Loan has a term of three years, which is extentable by mutual consent of The Bank of Nova Scotia and Sandstorm. Sandstorm intends to use the Revolving Loan for the acquisition of gold streams.
http://www.marketwire.com/mw/release.do?id=1606337&sourceType=3
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