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SANDSTORM GOLD ROYALTIES ANNOUNCES RECORD SALES AND REVENUE IN SECOND QUARTER 2022

SANDSTORM GOLD ROYALTIES ANNOUNCES RECORD SALES AND REVENUE IN SECOND QUARTER 2022 ...

articleSilver Sands Resources Corp.July 5, 20225/company/silver-sands-resources-corp/news/sandstorm-gold-royalties-announces-record-sales-and-revenue-in-second-quarter-2022-1
SANDSTORM GOLD ROYALTIES ANNOUNCES RECORD SALES AND REVENUE IN SECOND QUARTER 2022

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[{"type":"text","content":"\n \n \n \n SANDSTORM GOLD ROYALTIES ANNOUNCES RECORD SALES AND REVENUE IN SECOND 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; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\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 \n VANCOUVER, BC\n \n \n ,\n \n \n July 5, 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 19,200 attributable gold equivalent ounces\n \n 1\n \n and realized preliminary revenue\n \n 2\n \n of\n \n $36.0 million\n \n (total sales, royalties, and income from other interests\n \n 1\n \n of\n \n $36.0 million\n \n ) during the three months ended\n \n June 30, 2022\n \n , all representing a record for the Company (18,004 attributable gold equivalent ounces,\n \n $26.4 million\n \n in revenue, and\n \n $32.3 million\n \n in total sales, royalties, and income from other interests 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 $1,590\n \n per attributable gold equivalent ounce\n \n 1\n \n (\n \n $4.1 million\n \n and\n \n $1,569\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 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 additiona...

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