#Canada #Vancouver #Shareholders #Sandstorm Gold #Royal Gold

Sandstorm Gold Royalties Shareholders Approve Planned Arrangement with Royal Gold

On October 9, 2025, Sandstorm Gold Ltd., renowned for its focus on precious metals, announced that its shareholders overwhelmingly supported a proposed arrangement with Royal Gold, Inc. This announcement followed a Special Meeting of Shareholders held in Vancouver, where a significant 58% of the issued common shares were represented. During the pivotal meeting, an impressive 98.68% of the votes cast favored the arrangement, demonstrating strong shareholder confidence.

Details of the Arrangement

The arrangement marks a major step as Royal Gold aims to indirectly acquire all outstanding shares of Sandstorm. The overwhelming majority vote in favor—both including and excluding certain minority holders—accentuates the anticipated smooth transition and unity among stakeholders. This arrangement not only highlights the economic viability of both companies but also solidifies their collective future in the mining sector.

Royal Gold's own shareholders showcased their approval as well, with nearly 99% votes in favor of issuing Royal Gold common shares for this acquisition. The closing of the transaction is projected for October 20, 2025, pending customary closing conditions such as approval from the Supreme Court of British Columbia. This multi-faceted strategic move is significant for Sandstorm, which is poised to delist its shares from the Toronto Stock Exchange and the New York Stock Exchange post-completion.

Intentions and Future Plans

With the imminent completion of this arrangement, Sandstorm aims to enhance operational efficiencies under the Royal Gold umbrella, benefiting from increased resources and expanded operational capabilities. This move is expected to enable Sandstorm to focus on core activities while reaping potential benefits from Royal Gold’s larger operational framework. Additionally, the company plans to file for deregistration under the U.S. Securities Exchange Act of 1934, simplifying its corporate structure and reducing regulatory complexities.

For those interested to dive deeper into the specifics of the arrangement, Sandstorm has made available its Management Information Circular dated September 8, 2025, detailing regulatory matters, approvals, and the economic implications of the agreement. Investors can access this report on Sandstorm's SEDAR+ profile and Edgar Next.

Sandstorm Gold Royalties: A Quick Overview

Sandstorm Gold Royalties has positioned itself as a leading royalty company within the mining sector, primarily offering upfront financing to mining operations. The company is unique in that it does not engage directly in mining activities; instead, it secures rights to receive a percentage of production over the life of various mines. Presently, Sandstorm holds an impressive portfolio of about 230 royalties, with 40 of these mines actively producing precious metals. This strategic model has allowed Sandstorm to maintain stability and growth in a fluctuating market.

Despite the actions taken to strike a balance between regulatory compliance and operational efficiency, stakeholders should remain vigilant. As the company transitions into this new phase under Royal Gold's leadership, uncertainties remain regarding market conditions and regulatory landscapes. Furthermore, discussions around business strategies, production forecasts, and overall market volatility could influence future performance. As noted in the company’s cautionary statements, various factors could lead to different results than anticipated, calling for prudent evaluation from all stakeholders.

Looking Ahead

In conclusion, the approval of the arrangement between Sandstorm Gold Royalties and Royal Gold signifies a transformative period for both companies. With major shareholder backing and strategic intentions laid out, the future seems promising. The mining sector is constantly evolving, and partnerships like these could pave the way for larger, more resilient players in the industry. Watch for updates as this significant merger progresses into reality.