Sandstorm Gold completes arrangement with Royal Gold

Sandstorm Gold (SAND) is pleased to announce the completion of the previously announced plan of arrangement with Royal Gold (RGLD), whereby Royal Gold indirectly acquired all of the issued and outstanding common shares of Sandstorm. The Sandstorm Shares are expected to be delisted from the Toronto Stock Exchange and the New York Stock Exchange within two to three business days following the date hereof. Sandstorm will also apply to the Canadian securities regulators for the Company to cease to be a reporting issuer in the applicable jurisdictions, and will deregister the Sandstorm Shares under the U.S. Securities Exchange Act of 1934, as amended.