Sandstorm Amends Royal Coal Purchase Agreement

- December 22nd, 2011

Sandstorm Metals & Energy Ltd. (TSXV:SND) announced an amendment to its agreement to purchase coal from Royal Coal (TSXV:RDA).

Sandstorm Metals & Energy Ltd. (TSXV:SND) announced an amendment to its agreement to purchase coal from Royal Coal (TSXV:RDA).

As quoted in the press release:

Sandstorm has amended the agreement whereby the requirement for Royal Coal to deliver the fixed percentage of coal will be deferred until December 31, 2012. This amendment is contingent upon Royal Coal raising Cdn$5 million by means of an equity financing.

Click here for the Sandstorm Metals & Energy Ltd. (TSXV:SND) press release.

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