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Sandstorm Gold Royalties Announces $80M Purchased Funding, The Canadian Business Journal

VANCOUVER, British Columbia, September 27, 2022 (GLOBE NEWSWIRE) — Sandstorm Gold Ltd. (“Sandstorm Gold Royalties” or the “Company”) (NYSE: SAND, TSX: SSL) has entered into an agreement with a syndicate of underwriters. concluded. Led by BMO Capital Markets and Scotiabank (the “Underwriters”), the Underwriters have agreed to purchase 15,700,000 shares of common stock (the “Common Shares”) from the Company on a purchase transaction basis at a price of $5.10 Common Shares. A share of total revenue to the Company of approximately US$80 million (“Recruitment”). The Company will grant the underwriters exercisable options at the offering price for 30 days after the closing of the offering and will purchase up to an additional 15% of the offering to cover any over-allotment. The offering is expected to close on or about October 4, 2022, subject to the company receiving all required regulatory approvals.

We intend to use the net proceeds of the offering to acquire future streams and royalties, to repay from time to time amounts drawn under our revolving credit facility, and for other general working capital purposes.

The Common Stock will be offered pursuant to the Company’s Base Shelf Prospectus dated September 22, 2022 as a supplement to prospectuses filed in all Canadian provinces and territories, except Quebec, and in the United States pursuant to: . Certain non-Canadian and non-U.S. On a private placement basis in your jurisdiction. Such documents contain important information about the offering. This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor does it constitute an offer, solicitation, or sale of common stock prior to registration or entitlement in any jurisdiction where such offer, solicitation, or sale would be unlawful. No sale shall be made. the securities laws of its jurisdiction;

For a copy of the base shelf prospectus dated September 22, 2022 and prospectus supplements related to the offering, where available, contact BMO Nesbitt Burns Inc. (“BMO Capital Markets”), Brampton Distribution Center C/O available on request in Canada. The Data Group of Companies, 9195 Torbram Road, Brampton, Ontario, L6S 6H2 by phone 905-791-3151 Ext 4312 or by email [email protected]In the United States, contact BMO Capital Markets Corp., Attn: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036 or call (800) 414-3627 or email [email protected] Copies of the base shelf prospectus and prospectus supplement, when available, can be found under SEDAR’s company profile. www.sedar.comand copies of the registration statement and prospectus supplement can be found at EDGAR at: www.sec.gov.

contact address

For more information on Sandstorm Gold Loyalty, please visit: www.sandstormgold.com or email us [email protected].

Nolan Watson Mark Clausen
President and CEO PR for investors
604 689 0234 604 628 1164

About Sandstorm Gold Loyalty

Sandstorm is a gold royalty company that provides upfront financing to gold mining companies seeking funding, in return receiving rights to a portion of the gold produced from the mine for the life of the mine. Sandstorm has a portfolio of 250 royalties, of which 39 base mines are producing. Sandstorm plans to grow and diversify its low-cost production profile by earning additional gold royalties. For more information, please visit www.sandstormgold.com.

Cautionary Note Regarding Forward-Looking Statements

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 “forward-looking statements” within the applicable meaning. Includes forward-looking information. Canadian securities laws, including without limitation the terms of any anticipated offerings; Exercising Over-allotment Options. Planned end date of the offering. Receipt of all necessary regulatory approvals to execute the offering. And the use of net proceeds expected from the offerings will ultimately remain at the discretion of the Company and will also be subject to Sandstorm Gold Royalty’s business, operations, financial performance and circumstances. Forward-looking statements generally use words such as “may,” “will,” “expect,” “intend,” “estimate,” “project,” “believe,” and “continue.” Identifiable using forward-looking terms. “Plan” or similar terms.

Forward-looking statements are made based on certain assumptions and other important factors and, to the extent that such statements are not true, Sandstorm Gold Royalties’ actual results, performance or achievements may not be implied by such statements. or implied future results, performance or achievements. Such statements and information are subject to numerous assumptions regarding current and future business strategies and the environment in which Sandstorm Gold Royalties will operate in the future, including receipt of all required approvals, gold and copper prices and anticipated costs. Based on Certain important factors that could cause actual results, performance or achievements to differ materially from the forward-looking statements include, among other things, failure to obtain required approvals, changes in business plans and strategies, market conditions; volatility in stock prices, available cash, gold and other commodity prices; differences between actual and estimated production; mineral reserves and resource and metallurgical recovery; production of gold or other commodities purchased by the company; Mining operational and development risks, regulatory restrictions, activities by governmental authorities (including changes in tax regimes), currency fluctuations, global economic conditions, dilution, stock price volatility and competition associated with the parties involved.

Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors, and actual results, levels of activity, performance or achievements of the Company may not be correct based on such forward-looking statements. They may differ materially from those expressed or implied by forward-looking statements. Including, but not limited to: the impact of general business and economic conditions, lack of control over mining operations from which the company purchases gold, other commodities, or receives royalties, and the mining of those Risks associated with the business (including risks associated with international risks) operations, governmental and environmental regulations, actual results of current exploration activities, conclusions of economic evaluations, and changes in project parameters as plans continue to be refined , mineral market risk, fluctuations in the prices of gold and other commodities, fluctuations in foreign exchange rates and interest rates, stock market volatility, etc. l Annual Report of the Company for the fiscal year ended December 31, 2021 document and in the section entitled “Risk Factors” included in the Company’s Annual Information Form on March 31, 2022 at www.sedar. com. Although we have attempted to identify important factors that could cause our actual results to differ materially from those contained in the forward-looking statements, we do not believe that results were anticipated, estimated or intended. There may be other factors that cause different. There can be no assurance that such statements will prove to be accurate, as actual results or future events could differ materially from those projected in such statements. You should not place undue reliance on forward-looking statements. We do not undertake to update any forward-looking statements that are included or incorporated by reference, except in accordance with applicable securities laws.


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Sandstorm Gold Royalties Announces $80M Purchased Funding, The Canadian Business Journal

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