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. (TSX-V: SND)
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