Sandstorm Metals & Energy Ltd.

Sandstorm Metals & Energy Ltd.

February 23, 2011 09:00 ET

Sandstorm Metals & Energy Appoints Claudia Tornquist as Executive Vice President and Announces the Issuance of Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 23, 2011) - Sandstorm Metals & Energy Ltd. ("Sandstorm Energy" or the "Company") (TSX VENTURE:SND) is pleased to announce the appointment of Claudia Tornquist as Executive Vice President, Business Development.

Prior to joining Sandstorm Energy, Mrs. Tornquist was employed with Rio Tinto plc for over 8 years in various roles in business development and business evaluation. In her most recent position as General Manager Business Evaluation, Mrs. Tornquist was responsible for advising Rio Tinto's Investment Committee on mergers and acquisitions and major investments. Prior to her involvement in mining, Mrs. Tornquist worked in the UK venture capital industry and as a consultant for Accenture. Mrs. Tornquist holds an MBA from INSEAD and a Masters of Engineering from Technische Universität München in Germany. 

Sandstorm Energy has also announced that its board of directors has approved the issuance of 7.4 million stock options. The options will have a five year term and will be issued after market close on February 22, 2011, with an exercise price based on the closing price on that day. The stock options are being granted pursuant to Sandstorm Energy's Stock Option Plan and will be issued to officers, directors and employees of the Company.


Sandstorm Metals & Energy Ltd. is a growth focused resource based company that seeks to complete commodity purchase agreements with companies that have advanced stage development projects or operating mines. A commodity purchase agreement involves Sandstorm making an upfront cash payment to its partners and in exchange, Sandstorm receives the right to purchase a percentage of the commodity produced for the life of the asset, at a fixed price per unit. Sandstorm helps other companies in the resource industry grow their business, while acquiring attractive assets in the process.

Sandstorm is focused on low cost operations with excellent exploration potential and strong management teams. Sandstorm has completed coal purchase agreements with NovaDX Ventures Corp. and Royal Coal Corp. For more information visit:

Cautionary Note Regarding Forward-Looking Information

Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information is based on reasonable assumptions that have been made by Sandstorm Energy as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Sandstorm Energy to be materially different from those expressed or implied by the forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which Sandstorm Energy will purchase coal and risks related to those mining operations, including risks related to international operations, government and environmental regulation, actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; problems inherent to the marketability of minerals; industry conditions, including fluctuations in the price of metals, fluctuations in foreign exchange rates and fluctuations in interest rates; stock market volatility and competition. Although Sandstorm Energy has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Sandstorm Energy does not undertake to update any forward-looking information that is contained or incorporated by reference herein, except in accordance with applicable securities laws. Sandstorm Energy does not provide any representation as to its comparability with other companies in its industry including, but not limited to Franco-Nevada Corporation, BHP Billiton, Rio Tinto and Western Coal.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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