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Sandstorm Gold Royalties Supports Royal Gold's Acquisition of Kansanshi Gold Stream

Provided By PR Newswire

Last update: Aug 5, 2025

VANCOUVER, BC, Aug. 5, 2025 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) today acknowledges and supports Royal Gold Inc.'s ("Royal Gold") acquisition of a gold stream on the Kansanshi copper-gold mine for US$1 billion. Royal Gold announced earlier today that the company has entered into a precious metals purchase agreement for gold deliveries referenced to copper production from the Kansanshi copper-gold mine in the North Western Province of Zambia, operated and 80% owned by a subsidiary of First Quantum Minerals Ltd. Royal Gold will fund the gold stream with available cash and the company's revolving credit facility without issuing new shares. For full details, refer to Royal Gold's press release dated August 5, 2025.

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