The World’s Newest

Gold-Focused

High-Quality

Most Diversified

Large-Scale

Royalty Company.

Special Meeting of Shareholders to Approve Plan of Arrangement with Royal Gold

Shareholders are encouraged to vote well in advance the Proxy Voting Deadline on October 7, 2025 at 8:00am (Vancouver Time)

Meeting Materials and Voting Instructions

Management Information Circular 

968 KB

How to Vote

73 KB

Letter of Transmittal

72 KB

Shareholder Questions

Shareholders who have questions or require voting assistance may contact Sandstorm’s proxy solicitation agent and shareholder communications advisor: 

Laurel Hill Advisory Group
North America Toll Free: 1.877.452.7184 
Collect Calls Outside North America: 416.304.0211 
assistance@laurelhill.com 

A compelling transaction for Sandstorm shareholders with day-one premium and long-term exposure to gold upside.

Attractive and immediate premiums while share prices are trading at 10-year highs

Maintains exposure to existing gold-focused, high-quality, long-life portfolio with built-in optionality

Daylights intrinsic value of asset portfolio, closing valuation gap between Sandstorm and mid-cap peers

Improves pro-forma portfolio maturity, reducing relative concentration of development assets

Meaningful long-term re-rating potential of an attractive, large-scale, highly diversified, long-life royalty company

Royal Gold will host an industry-leading portfolio of diversified, high-quality, long-life assets.

Mature, Americas-focused portfolio of approximately 400 royalties and streams, including 80 cash-flowing assets

Industry-leading royalty portfolio with key gold growth assets including MARA, Hod Maden, Great Bear, Platreef and Warintza

Strong balance sheet and robust cash flow providing financial strength to reinvest and compete for attractive deals

High-quality, long-life assets with built-in optionality, increase P&P attributable GEOs to 17x 2025 GEO sales1

Larger-scale and increased liquidity attractive to broader investor base

  1. Based on mid-point of Royal Gold’s sales volume guidance and consensus metal prices of US$3,025/oz Au, US$32.95/lb Ag, US$4.20/lb Cu in 2025 and mid-point of Sandstorm 2025 guidance.

For full Cautionary Notes, please refer to press release.

An Industry-Leading Royalty Portfolio

Sandstorm and Royal Gold have built impressive royalty portfolios over the years—together, they will create one of the best royalty companies in the world. Discover more about Sandstorm and Royal Gold’s royalties:

Learn more about some of the key growth assets

Questions?

For more information about Sandstorm and the proposed transaction, please contact Investor Relations at info@sandstormgold.com