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Last C$0.11 CAD
Change Today +0.005 / 4.76%
Volume 95.0K
As of 3:59 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

sandspring resources ltd (SSP) Snapshot

Previous Close
Day High
Day Low
52 Week High
05/15/14 - C$0.35
52 Week Low
03/18/15 - C$0.07
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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sandspring resources ltd (SSP) Details

Sandspring Resources Ltd., a junior gold mining company, explores and develops mineral properties in the Republic of Guyana, South America. It primarily focuses on developing the Toroparu gold project, which consists of 7 small scale claims, 167 contiguous medium scale prospecting permits, and 13 medium scale mining permits that together cover an area of 74,742 hectares, as well as 5 contiguous prospecting licenses covering an area of 23,471 hectares in northwestern Guyana. The company is headquartered in Centennial, Colorado.

sandspring resources ltd (SSP) Top Compensated Officers

Chief Executive Officer, Corporate Secretary ...
Total Annual Compensation: C$292.5K
Executive Vice President and Director
Total Annual Compensation: C$212.7K
Vice President of Exploration
Total Annual Compensation: C$300.0K
Compensation as of Fiscal Year 2013.

sandspring resources ltd (SSP) Key Developments

Sandspring Resources Ltd. Amends Metals Purchase Agreement with Silver Wheaton (Caymans) Ltd

Sandspring Resources Ltd. (Sandspring) announced that it has amended its precious metals purchase agreement with Silver Wheaton (Caymans) Ltd. (Silver Wheaton) to include a silver stream under which Silver Wheaton will pay Sandspring incremental upfront cash payments totaling USD 5.0 million for 50% of the payable silver production from the company's Toroparu Mine in Guyana S.A. In addition, Silver Wheaton will make ongoing payments to Sandspring of the lesser of the market price and USD 3.90 per payable ounce of silver delivered to Silver Wheaton over the life of the Toroparu Project, subject to a 1% annual increase starting on the fourth anniversary of production. Sandspring is entitled to receive USD 2.0 million of the incremental USD 5.0 million cash payment in four equal installments over the course of 2015, subject to the satisfaction of certain conditions.

Sandspring Resources Ltd. Announces Resignation of Yani Roditis as President and COO

Sandspring Resources Ltd. announced that Mr. Yani Roditis is leaving his position as President and COO to pursue other opportunities.

Sandspring Resources Ltd. Announces Change of Chief Financial Officer

Sandspring Resources Ltd. announced that Mr. Robert Suttie has accepted appointment as the company's part-time Chief Financial Officer serving on a contractual basis. Mr. Suttie has more than sixteen years of experience, ten of which were in public accounting prior to his current association with the MSSI Accounting and Reporting Services, which is part of the Marrelli Group of Companies. Mr. Suttie specializes in management advisory services, accounting and the financial disclosure needs of the Marrelli Group of Companies' public client base. The company further announced that Mr. Scott Issel has resigned as Chief Financial Officer of Sandspring to pursue other interests.


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