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Marina Update on the Mariana and Sandstorm Deal

Cory
June 27, 2017

The business combination between Mariana and Sandstorm is actually called a scheme thanks to the jurisdiction it is taking part in. I brought on the CEO of Mariana, Glen Parsons to discuss the recent court ruling moving the deal ahead and recap the work that is currently underway. We also discuss future work planned for the other projects in Mariana’s portfolio which will be part of the spinoff.

Click here to visit the Mariana website for more information.

Click download link to listen on this device: Download Show

Discussion
4 Comments
    CFS
    Jun 27, 2017 27:20 AM

    017-06-26 16:25 ET – News Release

    Mr. Paul Kuhn reports

    AVRUPA MINERALS ARRANGES $500,000 PRIVATE PLACEMENT

    Avrupa Minerals Ltd. has arranged a financing to raise $500,000 by way of a private placement of five million units at 10 cents per unit. Each unit comprises one common share and common share purchase warrant, which entitles the holder to purchase one common share at a price of 15 cents for a period of three years from the closing of the offering.

    The proceeds of the offering will be used for exploration and operations in Portugal, Kosovo and Vancouver, and for general working capital. Some of the proceeds may also be used for due diligence reviews of potential acquisitions. Insiders will be participating in the offering

    Jun 27, 2017 27:12 PM

    I am a sandstorm holder for the last 9 months . So this info is good long term for me SAND stock has been mainly down for me, but i want to hold SAND as a long term income stock. S

      Jun 27, 2017 27:22 PM

      If you have a 5yr view you should be fine. Not a quick flip stock.