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SANDSTORM GOLD ROYALTIES ANNOUNCES RECORD SALES AND REVENUE IN FIRST QUARTER 2022
SANDSTORM GOLD ROYALTIES ANNOUNCES RECORD SALES AND REVENUE IN FIRST QUARTER 2022 ...
About this update from Silver Sands Resources Corp.
[{"type":"text","content":"\n \n \n \n SANDSTORM GOLD ROYALTIES ANNOUNCES RECORD SALES AND REVENUE IN FIRST QUARTER 2022\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0pt initial; BORDER-RIGHT:black 0pt initial; BORDER-BOTTOM:black 0pt initial; BORDER-LEFT:black 0pt initial\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n DESIGNATED NEWS RELEASE\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n April 4, 2022\n \n \n /CNW/ - Sandstorm Gold Ltd. (\"Sandstorm Gold Royalties\" or the \"Company\") (NYSE: SAND) (TSX: SSL) is pleased to report that the Company sold approximately 18,700 attributable gold equivalent ounces\n \n 1\n \n and realized preliminary revenue\n \n 2\n \n of\n \n $35.3 million\n \n during the three months ended\n \n March 31, 2022\n \n , both representing a record for the Company (17,444 attributable gold equivalent ounces and\n \n $31.0 million\n \n in revenue for the comparable period in 2021). Preliminary cost of sales, excluding depletion\n \n 2\n \n for the three month period was\n \n $5.3 million\n \n resulting in cash operating margins\n \n 1\n \n of approximately\n \n $1,600\n \n per attributable gold equivalent ounce\n \n 1\n \n (\n \n $5.4 million\n \n and\n \n $1,470\n \n per attributable gold equivalent ounce for the comparable period in 2021, respectively).\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Note 1\n \n \n \n \n \n \n \n \n Sandstorm Gold Royalties has included certain performance measures in this press release that do not have any standardized meaning prescribed by International Financial Reporting Standards (\"IFRS\") including (i) attributable gold equivalent ounces and (ii) cash operating margin. The presentation of these non-IFRS measures is intended to provide additional information and should not be considered in isola...