IonTuition Partners with APA to Help Members With Student Loan Debt

ROLLING MEADOWS, Ill. and WASHINGTON, April 20, 2017 /PRNewswire/ – IonTuition, Inc., the leading education-fintech company specializing in helping borrowers manage and repay their student loans, and the American Psychological Association (APA), America’s largest scientific and professional organization representing psychology, today announced that the IonTuition™ student loan platform is now available to all APA members.

Psychologists have become burdened with student loan debt. In 2016, APA found that 91 percent of PsyD students graduate with a median student loan debt of $200,000. It is not surprising that 56 percent of early career psychologists reported delaying retirement planning. APA is helping its members by providing student loan management benefits. IonTuition’s platform manages student loans using a range of tools that include a refreshable loan dashboard, repayment optimization calculators, loan alerts, and access to expert counselors via phone and webchat.

“As always, our goal is to provide members with the best financial and educational resources available,” said Ian King, MBA, Executive Director of Membership for the American Psychological Association. “By partnering with IonTuition, we provide valuable assistance to our members with college loan obligations.”

“We welcome APA’s 110,000+ membership of students and professionals,” said Balaji “Raj” Rajan, CEO of IonTuition. “Our financial wellness platform is ready, and our counselors look forward to being of service.”

About American Psychological Association
The American Psychological Association, in Washington, D.C., is the largest scientific and professional organization representing psychology in the United States. APA’s membership includes more than 117,500 researchers, educators, clinicians, consultants and students. Through its divisions in 54 subfields of psychology and affiliations with 60 state, territorial and Canadian provincial associations, APA works to advance the creation, communication and application of psychological knowledge to benefit society and improve people’s lives.

About IonTuition™
IonTuition is an industry leader in student loan management solutions. We’re involved in the entire lifecycle of student loan repayment, from providing prospective college students with ROI analysis on their higher education to helping organizations run student loan repayment assistance and contribution programs. For years we’ve delivered interactive, user-friendly loan tools to users of all kinds. Our mission has always been to help student loan borrowers at every stage, at any age.

Learn more at IonTuition.com. Like us on Facebook and follow us on Twitter.

All trademarks and product names are the property of their respective companies.

Media Contact:
Mishelle Fiebiger
FortyThree, Inc.
831.401.3175
ceannate@43pr.com

 

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SOURCE IonTuition, Inc.

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http://www.iontuition.com

Sandstorm Gold Announces Completion of Luna Gold/JDL Gold Combination, Files Early Warning Report

VANCOUVER, April 5, 2017 /PRNewswire/ - Sandstorm Gold Ltd. (“Sandstorm” or the “Company”) (NYSE MKT: SAND, TSX: SSL) is pleased to announce that Luna Gold Corp. (“Luna Gold”) and JDL Gold Corp. (“JDL Gold”) have combined their businesses to create Trek Mining Inc. (“Trek”). As part of the business combination, a non-brokered private placement financing was completed for gross proceeds of C$83,419,172.   

Trek is well-funded with approximately C$113 million in cash and no cash debt, and is advancing the Aurizona gold project (“Aurizona” or the “Aurizona Project”) to production. A feasibility study is nearing completion and the first gold pour at Aurizona is targeted for year-end 2018. Near-mine and district-scale exploration is also underway with a focus on the drill-ready targets directly along strike of the existing reserves and resources at Aurizona’s past producing Piaba open pit. The greenfields exploration ground adjacent to the Aurizona Project is under option to AngloGold Ashanti Holdings plc (“AngloGold”).

Sandstorm holds a 3% to 5% sliding scale net smelter returns (“NSR”) royalty on Aurizona and at gold prices less than or equal to $1,500 per ounce, the royalty is a 3% NSR. In addition to the sliding scale royalty on Aurizona, Sandstorm holds a 2% NSR royalty on the greenfields property optioned to AngloGold.

EARLY WARNING REPORT

Pursuant to National Instrument 62-103 - The Early Warning System and Related Take Over Bid and Insider Reporting Issues, the Company is announcing the acquisition of an aggregate of 27,660,694 common shares (“Trek Shares”) and 11,739,332 warrants (the “Trek Warrants”) of Trek. Sandstorm acquired the Trek Shares and Trek Warrants upon the completion of the aforementioned business combination of Luna Gold and JDL Gold, and pursuant to the terms of a debt settlement agreement.

With the acquired Trek Shares and Trek Warrants, Sandstorm now holds an aggregate of 28,035,693 Trek Shares, representing 15.77% of the issued and outstanding Trek Shares. If you assume the exercise in the future of all of the Trek Warrants currently held by the Company into Trek Shares, Sandstorm would then hold 37,095,940 Trek Shares, representing approximately 19.86% of the then issued and outstanding Trek Shares, on a partially diluted basis.

The early warning report, as required under National Instrument 62-103, contains additional information with respect to the foregoing matters and will be filed by the Company on Trek’s SEDAR profile at www.sedar.com.

ABOUT SANDSTORM GOLD

Sandstorm Gold Ltd. is a gold streaming and royalty company. Sandstorm provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. Sandstorm has acquired a portfolio of 155 streams and royalties, of which 20 of the underlying mines are producing. Sandstorm plans to grow and diversify its low cost production profile through the acquisition of additional gold streams and royalties.

For more information visit: www.sandstormgold.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This press release contains “forward-looking statements”, within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Sandstorm. Forward-looking statements include, but are not limited to, statements with respect to the future price of gold, the estimation of mineral reserves and resources, realization of mineral reserve estimates, and the timing and amount of estimated future production. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans”, or similar terminology.

Forward-looking statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performances or achievements of Sandstorm to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Sandstorm will operate in the future, including the price of gold and anticipated costs. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, amongst others, gold price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks relating to the parties which produce the gold Sandstorm will purchase, regulatory restrictions, activities by governmental authorities (including changes in taxation), currency fluctuations, the global economic climate, dilution, share price volatility and competition.

Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of Sandstorm to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the impact of general business and economic conditions, the absence of control over mining operations from which Sandstorm will purchase gold 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, risks in the marketability of minerals, fluctuations in the price of gold, fluctuation in foreign exchange rates and interest rates, stock market volatility, as well as those factors discussed in the section entitled “Risks to Sandstorm” in Sandstorm’s annual report for the financial year ended December 31, 2016 available at www.sedar.com. Although Sandstorm has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Sandstorm does not undertake to update any forward looking statements that are contained or incorporated by reference, except in accordance with applicable securities laws.

SOURCE Sandstorm Gold Ltd.

Related Links

sandstormgold.com