Roumell Asset Management, LLC Ups Stake in Sandstorm Metals & Energy, Ltd. to 14.48%
Press Release: Roumell Asset Management, LLC – 4 hours ago
finance.yahoo.com
CHEVY CHASE, Md. , July 24, 2013 /CNW/ - In the past several days Roumell Asset Management, LLC ("RAM") has acquired over 1.5 million shares of Sandstorm Metals & Energy Ltd. ( SND.V) common stock, taking its ownership to 14.48% of the company's outstanding shares. This is a passive investment based on RAM's analysis of the company's underlying asset value and a strong belief in the leadership of Nolan Watson , President and CEO, and the Sandstorm management team.
About Roumell Asset Management, LLC
Founded in 1998 and located in metropolitan Washington, D.C. , Roumell Asset Management, LLC is an opportunistic investment manager with a deep-value bias that manages funds in equity, balanced and fixed income accounts. The firm, whose clients include individuals and corporations, has approximately $310 million in assets under management as of May 31, 2013 .
Contact Information:
Jim Roumell , President
Roumell Asset Management, LLC
301 656-8500, ext 301
SOURCE: Roumell Asset Management, LLC |
