Sandstorm Gold Royalties Announces 2019 First Quarter Sales Numbers and Renews Normal Course Issuer Bid

About this update from Silver Sands Resources Corp.

[{"type":"text","content":"Sandstorm Gold Royalties Announces 2019 First Quarter Sales Numbers and Renews Normal Course Issuer BidVANCOUVER, BC / ACCESSWIRE / April 2, 2019 / Sandstorm Gold Ltd. (\"Sandstorm Gold Royalties\", \"Sandstorm\" or the \"Company\") (NYSE American: SAND, TSX: SSL) is pleased to report that the Company has sold approximately 14,100 attributable gold equivalent ounces1 during the first quarter of 2019. With the addition of production from Cerro Moro and Aurizona in the second quarter of 2019, attributable gold equivalent ounces are expected to be higher in the remaining three quarters of 2019.NORMAL COURSE ISSUER BIDThe Company's NCIB is being renewed after the existing NCIB expires on April 4, 2019. The NCIB provides Sandstorm with the option to purchase the Company's common shares (\"Common Shares\") from time to time when Sandstorm's management believes that the Common Shares are undervalued by the market. Under the renewed NCIB, Sandstorm may purchase up to 13.0 million of its Common Shares, representing approximately 7.2% of the Company's issued and outstanding Common Shares of 179,629,255 as of March 15, 2019. The Toronto Stock Exchange (\"TSX\") has accepted the Company's notice that it intends to proceed with a NCIB in accordance with TSX rules. Purchases under the renewed NCIB may commence on April 5, 2019 and will terminate on the earlier of April 4, 2020, the date that Sandstorm completes its purchases pursuant to the NCIB as filed with the TSX, or the date of notice by Sandstorm of termination of the NCIB.During the fourth quarter of 2018, Sandstorm announced that the Company's Board of Directors approved the purchase of up to 18.3 million of its Common Shares (the \"Buyback\"). Since the announcement of the Buyback on November 15, 2018, Sandstorm has bought back approximately 5.5 million Common Shares. The renewed NCIB gives Sandstorm the capacity to purchase the remaining Common Shares from the previously announced Buyback.All purchases under the NCIB will be executed on the open market through the facilities of the TSX or alternative Canadian trading platforms and through the facilities of the NYSE American or alternative trading platforms in the United States of America. Purchases will be made at the market price of the Common Shares at the time of acquisition and may be funded by Sandstorm's working capital. Any C...

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