Report of Foreign Issuer (6-k)
December 16 2014 - 6:02AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of December,
2014
Commission File Number: 001-35617
Sandstorm
Gold Ltd.
(Translation of registrant’s name into English)
Suite
1400 - 400 Burrard Street
Vancouver, British Columbia
V6C 3A6 Canada
(Address of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Indicate
by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If “Yes” is marked, indicate
below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
EXHIBIT INDEX
Exhibit |
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Description of Exhibit |
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99.1 |
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Material Change Report |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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SANDSTORM GOLD
LTD. |
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|
|
|
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Date: December 15, 2014 |
By: |
/s/ Erfan Kazemi |
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Name: Erfan Kazemi |
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Title: Chief Financial Officer |
Exhibit 99.1
MATERIAL
CHANGE REPORT
UNDER
NATIONAL INSTRUMENT 51-102
Item
1 |
|
Name
and Address of Company |
Sandstorm
Gold Ltd. (the “Company” or “Sandstorm”)
Suite
1400 – 400 Burrard Street
Vancouver, BC V6C 3A6
Item
2 |
|
Date
of Material Change |
December
15, 2014
A
news release was disseminated through CNW Group Ltd. on December 15, 2014 and filed on SEDAR.
Item
4 |
|
Summary
of Material Change |
The
Company announced on December 15, 2014 that the Toronto Stock Exchange (“TSX”) has accepted the Company’s
notice that it intends to proceed with a normal course issuer bid (“NCIB”) in accordance with TSX rules.
Item
5 |
|
Full
Description of Material Change |
The
Company announced that the TSX has accepted the Company’s notice that it intends to proceed with a NCIB in accordance with
TSX rules. Under the NCIB, Sandstorm may purchase up to 5,882,879 of its common shares, representing 5% of the Company’s
issued and outstanding common shares of 117,657,587 as of December 11, 2014. Purchases under the NCIB may commence on December
17, 2014 and will terminate on the earlier of December 16, 2015, the date that Sandstorm completes its purchases pursuant to the
notice of intention to make the NCIB as filed with the TSX or the date of notice by Sandstorm of termination of the NCIB. All
purchases under the NCIB will be executed on the open market through the facilities of the TSX or alternative Canadian trading
platforms (if eligible) and will be made at the market price of the common shares at the time of acquisition. These purchases
will be funded by Sandstorm’s working capital and any common shares acquired by the Company under the NCIB will be cancelled.
Sandstorm’s average daily trading volume on the TSX during the last six calendar months was 307,783 common shares. Daily
purchases will not exceed 76,945 common shares, subject to the Company’s ability to make block purchases under the rules
of the TSX. No share purchases have been made by the Company pursuant to a NCIB in the last twelve months. The NCIB provides Sandstorm
with the option to purchase the Company’s common shares from time to time when Sandstorm’s management believes that
the common shares are undervalued by the market.
Item
6 |
|
Reliance
on subsection 7.1(2) of National Instrument 51-102 |
Not applicable.
Item
7 |
|
Omitted
Information |
Not applicable.
For
further information contact Erfan Kazemi at (604) 689-0234.
DATED as
of this 15th day of DECEMBER, 2014.
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Sandstorm Gold Ltd. |
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|
|
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By: |
“Erfan Kazemi” |
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|
Erfan Kazemi |
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|
Chief Financial Officer |
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