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Sandstorm Gold Royalties Receives Court Approval for Arrangement with Royal Gold

Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to announce that the Supreme Court of British Columbia has granted the final order in connection with the Company's plan of arrangement (the "Arrangement") with Royal Gold Inc. ("Royal Gold"), whereby Royal Gold will indirectly acquire all of the issued and outstanding common shares of Sandstorm (each, a "Sandstorm Share"). Pursuant to the Arrangement, Sandstorm shareholders will rec

articleRoyal Gold, Inc.October 15, 20255/company/royal-gold-inc/news/sandstorm-gold-royalties-receives-court-approval-for-arrangement-with-royal-gold-2
Sandstorm Gold Royalties Receives Court Approval for Arrangement with Royal Gold

About this update from Royal Gold, Inc.

[{"type":"text","content":"VANCOUVER, BC, Oct. 15, 2025 /CNW/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to announce that the Supreme Court of British Columbia has granted the final order in connection with the Company's plan of arrangement (the "Arrangement") with Royal Gold Inc. ("Royal Gold"), whereby Royal Gold will indirectly acquire all of the issued and outstanding common shares of Sandstorm (each, a "Sandstorm Share"). Pursuant to the Arrangement, Sandstorm shareholders will receive 0.0625 of a share of common stock of Royal Gold for each Sandstorm Share held.","length":689,"tagName":"p"},{"type":"image","alt":"Sandstorm Gold Royalties Logo (CNW Group/Sandstorm Gold Ltd.)","displaySize":"","headline":null,"caption":"Sandstorm Gold Royalties Logo (CNW Group/Sandstorm Gold Ltd.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":90,"url":"https://media.zenfs.com/en/prnewswire.com/769eeed5aee5b58ad5e20a31ccb7899b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/QoPQDoxe0S_YKol0rtClWA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE1OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/769eeed5aee5b58ad5e20a31ccb7899b","width":400,"height":90}},"href":"https://mma.prnewswire.com/media/2797333/Sandstorm_Gold_Ltd__Sandstorm_Gold_Royalties_Receives_Court_Appr.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The closing of the transaction is anticipated to occur on October 20, 2025, subject to the satisfaction or waiver of the remaining customary closing conditions. Following completion of the Arrangement, the Company expects to delist its Shares from the Toronto Stock Exchange and the New York Stock Exchange. It is anticipated that the Company 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.","length":585,"tagName":"p"},{"type":"text","content":"For a more detailed description of the Arrangement, including regulatory matters and approvals, please see the Company's Management Information Circular dated September 8, 2025 (the "Circular"), available under the Compa...

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