Sandstorm Gold Royalties Declares 2023 First Quarterly Dividend

Sandstorm Gold Royalties Declares 2023 First Quarterly Dividend

VANCOUVER, BC, Dec. 20, 2022 /CNW/ – Sandstorm Gold Ltd. (“Sandstorm Gold Royalties”, “Sandstorm” or the “Corporate”) (NYSE: SAND) (TSX: SSL) is happy to announce that its Board of Administrators has declared the Corporate’s first quarterly money dividend for 2023 within the quantity of C$0.02 consistent with commonplace percentage to shareholders of report as of the shut of commercial on January 17, 2023. The dividend can be paid on January 27, 2023. The dividend qualifies as an “eligible dividend” as outlined within the Source of revenue Tax Act (Canada).


The declaration, timing, quantity, and cost of long run dividends can be topic to the discretion and approval of the Board of Administrators. The Corporate will overview the dividend program on an ongoing foundation and would possibly amend it at any time relying at the Corporate’s then present monetary place, capital allocation framework, profitability, money glide, debt covenant compliance, felony necessities and different components regarded as related. As such, no assurances will also be made that any long run dividends can be declared and/or paid. Dividends paid to shareholders outdoor Canada (non-resident buyers) can be topic to Canadian non-resident withholding taxes.


For more info about Sandstorm Gold Royalties, please consult with our web page at or e mail us at This e mail cope with is being safe from spambots. You wish to have JavaScript enabled to view it..


Sandstorm is a gold royalty corporate that gives prematurely financing to gold mining corporations which might be searching for capital and in go back, receives the appropriate to a proportion of the gold made from a mine, for the lifetime of the mine. Sandstorm holds a portfolio of 250 royalties, of which 39 of the underlying mines are generating. Sandstorm plans to develop and diversify its low value manufacturing profile throughout the acquisition of extra gold royalties. For more info consult with:


The monetary data integrated or included via reference on this press unencumber or the paperwork referenced herein has been ready in line with Global Monetary Reporting Requirements as issued via the Global Accounting Requirements Board, which differs from US normally permitted accounting ideas (“US GAAP”) in sure subject material respects, and thus aren’t immediately similar to monetary statements ready in line with US GAAP.

This press unencumber and the paperwork included via reference herein, as appropriate, were ready in line with Canadian requirements for the reporting of mineral useful resource and mineral reserve estimates, which fluctuate from the former and present requirements of the US securities regulations. Particularly, and with out proscribing the generality of the foregoing, the phrases “mineral reserve”, “confirmed mineral reserve”, “possible mineral reserve”, “inferred mineral assets,”, “indicated mineral assets,” “measured mineral assets” and “mineral assets” used or referenced herein and the paperwork included via reference herein, as appropriate, are Canadian mineral disclosure phrases as outlined in line with Canadian Nationwide Device 43-101 — Requirements of Disclosure for Mineral Tasks (“NI 43-101”) and the Canadian Institute of Mining, Metallurgy and Petroleum (the “CIM”) — CIM Definition Requirements on Mineral Sources and Mineral Reserves, followed via the CIM Council, as amended (the “CIM Definition Requirements”).

For United States reporting functions, the US Securities and Alternate Fee (the “SEC”) has followed amendments to its disclosure laws (the “SEC Modernization Laws”) to modernize the mining belongings disclosure necessities for issuers whose securities are registered with the SEC underneath the Alternate Act, which was efficient February 25, 2019. The SEC Modernization Laws extra intently align the SEC’s disclosure necessities and insurance policies for mining houses with present business and international regulatory practices and requirements, together with NI 43-101, and exchange the ancient belongings disclosure necessities for mining registrants that had been integrated in SEC Trade Information 7. Issuers had been required to agree to the SEC Modernization Laws of their first fiscal yr starting on or after January 1, 2021. As a overseas non-public issuer this is eligible to record experiences with the SEC pursuant to the multi-jurisdictional disclosure gadget, the Company isn’t required to supply disclosure on its mineral houses underneath the SEC Modernization Laws and can proceed to supply disclosure underneath NI 43-101 and the CIM Definition Requirements. Accordingly, mineral reserve and mineral useful resource data contained or included via reference herein is probably not similar to an identical data disclosed via United States corporations topic to the US federal securities regulations and the foundations and rules thereunder.

On account of the adoption of the SEC Modernization Laws, the SEC now acknowledges estimates of “measured mineral assets”, “indicated mineral assets” and “inferred mineral assets.” As well as, the SEC has amended its definitions of “confirmed mineral reserves” and “possible mineral reserves” to be “considerably an identical” to the corresponding CIM Definition Requirements which might be required underneath NI 43-101. Whilst the SEC will now acknowledge “measured mineral assets”, “indicated mineral assets” and “inferred mineral assets”, U.S. buyers will have to no longer think that each one or any a part of the mineralization in those classes can be transformed into a better class of mineral assets or into mineral reserves with out additional paintings and research. Mineralization described the use of those phrases has a better quantity of uncertainty as to its lifestyles and feasibility than mineralization that has been characterised as reserves. Accordingly, U.S. buyers are cautioned to not think that each one or any measured mineral assets, indicated mineral assets, or inferred mineral assets that the Corporate experiences are or can be economically or legally mineable with out additional paintings and research. Additional, “inferred mineral assets” have a better quantity of uncertainty and as as to whether they are able to be mined legally or economically. Due to this fact, U.S. buyers also are cautioned to not think that each one or any a part of inferred mineral assets can be upgraded to a better class with out additional paintings and research. Below Canadian securities regulations, estimates of “inferred mineral assets” won’t shape the foundation of feasibility or pre-feasibility research, aside from in uncommon instances. Whilst the above phrases are “considerably an identical” to CIM Definitions, there are variations within the definitions underneath the SEC Modernization Laws and the CIM Definition Requirements. Accordingly, there is not any assurance any mineral reserves or mineral assets that the Corporate would possibly file as “confirmed mineral reserves”, “possible mineral reserves”, “measured mineral assets”, “indicated mineral assets” and “inferred mineral assets” underneath NI 43-101 will be the identical had the Corporate ready the reserve or useful resource estimates underneath the criteria followed underneath the SEC Modernization Laws or underneath the prior requirements of SEC Trade Information 7.


This press unencumber accommodates “forward-looking statements”, inside the that means of the U.S. Securities Act of 1933, the U.S. Securities Alternate Act of 1934, the Non-public Securities Litigation Reform Act of 1995 and “forward-looking data” inside the that means of appropriate Canadian securities law, regarding the industry, operations and monetary efficiency and situation of Sandstorm Gold Royalties. Ahead-looking statements come with, however aren’t restricted to the cost of the dividend and declaration of long run dividends, together with the timing and quantity thereof, the longer term value of gold, silver, copper, iron ore and different metals, the estimation of mineral reserves and assets, realization of mineral reserve estimates, the timing and quantity of estimated long run manufacturing. Ahead-looking statements can normally be known by means of forward-looking terminology similar to “would possibly”, “will”, “be expecting”, “intend”, “estimate”, “look forward to”, “consider”, “proceed”, “plans”, or an identical terminology.

Ahead-looking statements are made primarily based upon sure assumptions and different necessary components that, if unfaithful, may purpose the true effects, performances or achievements of Sandstorm Gold Royalties to be materially other from long run effects, performances or achievements expressed or implied via such statements. Such statements and data are according to a lot of assumptions relating to provide and long run industry methods and the surroundings through which Sandstorm Gold Royalties will perform one day, together with the receipt of all required approvals, the cost of gold and copper and expected prices. Sure necessary components that would purpose precise effects, performances or achievements to fluctuate materially from the ones within the forward-looking statements come with, among others, failure to obtain important approvals,  adjustments in industry plans and techniques, marketplace stipulations, percentage value, perfect use of to be had money, gold and different commodity value volatility, discrepancies between precise and estimated manufacturing, mineral reserves and assets and metallurgical recoveries, mining operational and building dangers in the case of the events which produce the gold or different commodity the Corporate will acquire, regulatory restrictions, actions via governmental government (together with adjustments in taxation), foreign money fluctuations, the worldwide financial local weather, dilution, percentage value volatility and pageant.

Ahead-looking statements are topic to recognized and unknown dangers, uncertainties and different necessary components that can purpose the true effects, stage of job, efficiency or achievements of the Corporate to be materially other from the ones expressed or implied via such forward-looking statements, together with however no longer restricted to: the have an effect on of basic industry and financial stipulations, the absence of keep watch over over mining operations from which the Corporate will acquire gold, different commodities or obtain royalties from, and dangers similar to these mining operations, together with dangers associated with global operations, govt and environmental law, precise result of present exploration actions, conclusions of financial reviews and adjustments in venture parameters as plans proceed to be subtle, dangers within the marketability of minerals, fluctuations in the cost of gold and different commodities, fluctuation in foreign currency charges and rates of interest, inventory marketplace volatility, in addition to the ones components mentioned within the segment entitled “Dangers to Sandstorm” within the Corporate’s annual file for the monetary yr ended December 31, 2021 and the segment entitled “Chance Elements” contained within the Corporate’s annual data shape dated March 31, 2022 to be had at Despite the fact that the Corporate has tried to spot necessary components that would purpose precise effects to fluctuate materially from the ones contained in forward-looking statements, there is also different components that purpose effects to not be as expected, estimated or meant. There will also be no assurance that such statements will end up to be correct, as precise effects and long run occasions may fluctuate materially from the ones expected in such statements. Accordingly, readers will have to no longer position undue reliance on forward-looking statements. The Corporate does no longer adopt to replace any forward-looking statements which might be contained or included via reference, aside from in line with appropriate securities regulations.

Sandstorm Gold Royalties Declares 2023 First Quarterly Dividend

Leave a Reply