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SANDSTORM GOLD ROYALTIES TRANSFORMS HOD MADEN INTEREST INTO FLAGSHIP GOLD STREAM THROUGH CREATION OF STRATEGIC MINING PARTNER

SANDSTORM GOLD ROYALTIES TRANSFORMS HOD MADEN INTEREST INTO FLAGSHIP GOLD STREAM THROUGH ...

articleSilver Sands Resources Corp.February 17, 20223/company/silver-sands-resources-corp/news/sandstorm-gold-royalties-transforms-hod-maden-interest-into-flagship-gold-stream-through-creation-of-strategic-mining-partner-1
SANDSTORM GOLD ROYALTIES TRANSFORMS HOD MADEN INTEREST INTO FLAGSHIP GOLD STREAM THROUGH CREATION OF STRATEGIC MINING PARTNER

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[{"type":"text","content":"\n \n \n \n SANDSTORM GOLD ROYALTIES TRANSFORMS HOD MADEN INTEREST INTO FLAGSHIP GOLD STREAM THROUGH CREATION OF STRATEGIC MINING PARTNER\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.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbbb1{\nBORDER-BOTTOM:black 1pt\n}\n.prnvam{\nVERTICAL-ALIGN: MIDDLE\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n.prnpl14{\nPADDING-LEFT:1.17em\n}\n.prnbcc{\nBORDER-TOP-COLOR:; BORDER-COLLAPSE: COLLAPSE; BORDER-LEFT-COLOR:; BORDER-BOTTOM-COLOR:; BORDER-RIGHT-COLOR:\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-LEFT:0.33em; MARGIN-TOP:0em; MARGIN-BOTTOM:0em\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n Designated News Release\n \n \n \n VANCOUVER, BC\n \n ,\n \n Feb. 17, 2022\n \n /CNW/ - Sandstorm Gold Ltd. (\"Sandstorm Gold Royalties\", \"Sandstorm\" or the \"Company\") (NYSE: SAND) (TSX: SSL) is pleased to announce that it has signed a letter of intent (the \"LOI\") with Royalty North Partners Ltd. (\"Royalty North\" or \"RNP\") (TSXV: RNP) whereby RNP will acquire certain non-royalty and non-stream assets from Sandstorm, including the Company's 30% equity interest in the Hod Maden project. In exchange, Sandstorm will receive a flagship\n \n US$200 million\n \n gold stream on the Hod Maden project, together with equity and debt consideration outlined below.\n \n \n \n \n \n \n \n \n \n The transaction will be a \"Reverse Takeover\" of Royalty North (the \"RTO\" or the \"Transaction\") under the policies of the TSX Venture Exchange (the \"TSX-V\"). Upon completion of the RTO, Royalty North will change its name to Horizon Copper Corp. or such other name as may be determined. Any following references to the \"Resulting Issuer\" or \"Horizon Copper\" are to Royalty North after the closing of the RTO.\n \n \n \n REPOSITIONING SANDSTORM AS A PURE-PLAY\n \n STREAMING AND ROYALTY COMPANY\...

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