Sandstorm Gold Royalties Receives Court Approval for Arrangement with Royal Gold

Core Points - Sandstorm Gold Ltd. has received final approval from the Supreme Court of British Columbia for its arrangement with Royal Gold Inc., where Royal Gold will acquire all Sandstorm shares at a ratio of 0.0625 shares of Royal Gold for each Sandstorm share held [1][2] - The transaction is expected to close on October 20, 2025, pending customary closing conditions, after which Sandstorm plans to delist its shares from both the Toronto Stock Exchange and the New York Stock Exchange [2][3] Company Overview - Sandstorm Gold is a royalty company focused on precious metals, providing upfront financing to mining companies and receiving a percentage of production from mines for their operational life [4] - The company holds a portfolio of approximately 230 royalties, with 40 of the underlying mines currently in production [4]