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Press Releases

Aug 06, 2019

Sandspring Resources Announces Non-Brokered Private Placement

August 6, 2019 -- Denver, Colorado and Vancouver, British Columbia -- Sandspring Resources Ltd. (SSP: TSX-V / SSPXF: OTC) ("Sandspring" or the "Company") announces a non-brokered private placement of 25,000,000 units (the "Units") at a price of $0.20 per Unit for gross proceeds of up to $5,000,000. Each Unit consists of one common share of the Company ("Share") and one share purchase warrant entitling the holder to purchase one Share at $0.35 for a period of five years from the date of issuance ("Warrant"). It is anticipated that insider Gran Colombia Gold Corp. will participate in the private placement subject to TSX Exchange approval. A finder's fee may be payable in association with this financing to arms-length purchasers.