Sandstorm Gold Secures Investment Canada Approval for Royal Gold Acquisition

In a significant development for investors, Sandstorm Gold Ltd. has recently announced that Royal Gold Inc. has received all necessary regulatory approvals related to its acquisition of Sandstorm Gold Royalties. This acquisition is poised to reshape the landscape of the precious metals sector, with Sandstorm holding a robust portfolio of approximately 230 royalties, of which 40 mines currently produce.

Regulatory Approvals Acquired

As part of the Sandstorm Transaction, crucial approvals from Canadian regulations, including the Investment Canada Act and the Competition Act, have been successfully secured. Additionally, antitrust clearance has been granted from South Africa, further solidifying the basis for this noteworthy merger. The deal, which is expected to close early in the fourth quarter of 2025, is contingent upon customary closing conditions, which include shareholder approvals from both Royal Gold and Sandstorm.

Shareholder Vote Scheduled for October

Sandstorm Gold is reminding its shareholders of an important voting deadline. A special shareholder meeting is scheduled for October 9, 2025, at 8:00 AM (Vancouver Time) to approve the Arrangement with Royal Gold. For those unable to attend, the proxy vote deadline is set for October 7, 2025, also at 8:00 AM. The Board of Directors unanimously recommends that shareholders vote in favor of the Arrangement.

In light of a national labor strike affecting Canada Post, shareholders are encouraged to cast their votes online rather than via mail. This proactive approach is intended to ensure that all instructions are received promptly. Shareholders who have already mailed votes are advised to recast them through online channels to avoid any potential delays.

Voting Procedures and Assistance

For registered shareholders who hold their shares in their name, voting can be executed online at InvestorVote.com. Non-registered shareholders must check with their broker or bank regarding specific voting instructions. For any questions or assistance related to voting, shareholders can reach out to Sandstorm's proxy solicitation agent, Laurel Hill Advisory Group, via toll-free numbers or email.

About Sandstorm Gold Ltd.

Founded with a vision towards responsible mining investment, Sandstorm Gold is primarily focused on providing upfront financing to mining companies, earning the right to a percentage of the gold and precious metals produced from their investments. As a leader in the royalty business, Sandstorm holds numerous royalties across various miners and regions, positioning itself uniquely within the precious metals market.

With the acquisition of Royal Gold, Sandstorm anticipates realizing several operational synergies and enhancements in its business model born from integrating two established platforms. As further developments unfold, the company remains committed to transparency and shareholder engagement, especially as they navigate the forthcoming voting process that holds significant implications for the company’s future.

Concluding Remarks

The pending acquisition of Sandstorm Gold by Royal Gold marks a transformative turn in both companies' trajectories. Investors and stakeholders alike are encouraged to remain informed and participate in the process that is poised to drive growth and innovation in the industry. As Sandstorm gears up for the special meeting, all eyes will be on whether shareholders endorse this pivotal decision that stands to benefit the overall health of the gold royalty model in the marketplace.