Sandstorm Gold Royalties Receives Court Approval for Arrangement with Royal Gold

Executive Summary

• The Supreme Court of British Columbia approved the final order for Sandstorm Gold Ltd.’s plan of arrangement with Royal Gold Inc., enabling Royal Gold to indirectly acquire all outstanding Sandstorm shares.
• Shareholders will receive 0.0625 share of Royal Gold common stock for each Sandstorm share held; closing is expected on October 20, 2025, subject to customary conditions.
• Post‑closing, Sandstorm intends to delist from the Toronto and New York Stock Exchanges and cease reporting obligations in Canada and the U.S.

Key Details

• Court Approval: Final order granted by the Supreme Court of British Columbia for the Arrangement.
• Consideration: 0.0625 share of Royal Gold common stock per Sandstorm share.
• Closing Date: Anticipated on October 20, 2025, pending satisfaction or waiver of remaining customary closing conditions.
• Delisting Plans: After completion, Sandstorm will request delisting from the Toronto Stock Exchange (TSX) and New York Stock Exchange (NYSE).
• Reporting Status: The company will apply to cease being a reporting issuer in Canada and deregister its shares under the U.S. Securities Exchange Act of 1934.
• Regulatory Filings: Detailed Arrangement information is available in the Management Information Circular dated September 8, 2025 (SEDAR+ and EDGAR).

Notable Quotes

(No direct quotes were provided in the release.)