Examples of Nomad Acquisition in a sentence
The accordion of up to $125 million is subject to the satisfaction of the closing conditions for the Nomad Acquisition.
Through the Nomad Acquisition, Sandstorm adds several high-quality and low-cost assets.
Assumes the conversion of Nomad’s dilutive instruments on close of the Nomad Acquisition.
Through the Nomad Acquisition, Sandstorm added several high-quality and low-cost assets.
Having received the approval of both sets of shareholders, the Nomad Acquisition is expected to close in August 2022 (subject to receipt of all applicable court approvals and other customary conditions).
Pursuant to the terms of the Nomad Acquisition, Nomad shareholders will receive consideration of 1.21 Sandstorm common shares for each Nomad common share held.
BMO Capital Markets provided a fairness opinion to the Board of Directors of Sandstorm stating that, as of the date of such opinion, and based upon and subject to the assumptions, limitations, and qualifications which will be set out in its written fairness opinion to be included in the information circular for the Sandstorm Meeting, the consideration to be paid by Sandstorm pursuant to the Nomad Acquisition is fair, from a financial point of view, to Sandstorm.
Subject to the conversion of the Hod Maden interest into a Gold Stream and the closing of the Nomad Acquisition, the Company is forecasting Attributable Gold Equivalent production to be 155,000 ounces in 2025.
Pursuant to the terms of the Nomad Acquisition, Sandstorm issued 74.4 million common shares of the Company to former Nomad shareholders equal to an exchange ratio of 1.21 Sandstorm common shares for each Nomad common share held.
Pursuant to the terms of the Nomad Acquisition, the Nomad shareholders will receive 1.21 Sandstorm Shares for each Nomad Share held, which implies consideration of C$11.57 per Nomad Share based upon the closing price of the Sandstorm Shares on the Toronto Stock Exchange (“TSX”) on April 29, 2022.