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Sandstorm Gold Royalties Provides Clarifying Amendments to 2025 Shareholder Meeting Materials
Sandstorm Gold Royalties Provides Clarifying Amendments to 2025 Shareholder Meeting Materials ...
About this update from Silver Sands Resources Corp.
[{"type":"text","content":"\n\n\n\n Sandstorm Gold Royalties Provides Clarifying Amendments to 2025 Shareholder Meeting Materials\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 \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n May 12, 2025\n \n\n /CNW/ - Sandstorm Gold Ltd. (\"Sandstorm Gold Royalties\", \"Sandstorm\" or the \"Company\") (NYSE: SAND) (TSX: SSL) today announced that, following the release of voting recommendations by Institutional Shareholder Services Inc. (\"ISS\") that incorrectly calculated parameters relating to proposed amendments to the Company's share-based compensation program to be voted on at the Company's upcoming Annual General and Special Meeting of Shareholders scheduled for\n \n May 30, 2025\n \n (the \"Meeting\"), Sandstorm is issuing additional amendments to clarify and ensure the accurate interpretation of the proposed changes. ISS' interpretation and conclusion of the amendments is in opposition of the objectives of the Company's compensation program that is designed to drive sustainable profitability in a manner that is fair and reasonable to shareholders.\n \n\n\n\n\n\n\n\n\n ISS has published voting recommendations against three of the management proposals related to the Company's Stock Option Plan and Restricted Share Plan outlined in the Company's Management Information Circular dated\n \n April 9, 2025\n \n (the \"Information Circular\"). The original amendments to the Stock Option Plan and Restricted Share Plan, and the introduction of the Performance Share Plan (together, the \"Share Plans\"), were designed to further align executive compensation with the interests of the Company's shareholders. However, the Company believes that ISS' voting recommendations were based on a semantic interpretation that inaccurately frames the intended parameters of the Share Plans pertaining to the proposed maximum limit of shares that the Company may award under the Share Plans. To address this misleading publication and ensure there is no confusion for shareholders, Sandstorm has prudently adopted additional amendments to the Share Plans as outlined in ...