Sandstorm Gold Royalties Shareholders Approve Proposed Plan of Arrangement with Royal Gold

Core Points - Sandstorm Gold Ltd. shareholders approved the plan of arrangement with Royal Gold, Inc. with 98.68% of votes in favor [2][3] - The transaction is expected to close on October 20, 2025, pending customary closing conditions [4] - Following the arrangement, Sandstorm plans to delist its shares from the Toronto Stock Exchange and New York Stock Exchange [5] Voting Results - 58% of Sandstorm's issued common shares were represented at the special meeting [1] - The arrangement was approved by 98.68% of votes cast by all shareholders and 98.66% excluding certain votes under Canadian regulations [2] Royal Gold's Approval - Royal Gold's stockholders also approved the issuance of shares for the acquisition of Sandstorm, with approximately 99% of votes in favor [3] Transaction Details - The closing of the transaction is subject to the approval of the Supreme Court of British Columbia and other customary conditions [4] - Sandstorm will apply to cease being a reporting issuer and deregister its shares under U.S. securities laws post-transaction [5] Company Overview - Sandstorm Gold is a precious metals-focused royalty company with a portfolio of approximately 230 royalties, 40 of which are producing [7]