Sandstorm Gold Royalties Wins Court Approval for Arrangement with Royal Gold; Pursuant To The Arrangement, Sandstorm Shareholders Will Receive 0.0625 Of A Share Of Common Stock Of Royal Gold For Each Sandstorm Share Held

Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE:SAND) (TSX:SSL) is pleased to announce that the Supreme Court of British Columbia has granted the final order in connection with the Company's plan of arrangement (the "Arrangement") with Royal Gold Inc. ("Royal Gold"), whereby Royal Gold will indirectly acquire all of the issued and outstanding common shares of Sandstorm (each, a "Sandstorm Share"). Pursuant to the Arrangement, Sandstorm shareholders will receive 0.0625 of a share of common stock of Royal Gold for each Sandstorm Share held.