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Stock impact report

Sandstorm Gold Royalties Announces Completion of Early Warrant Exercise for Proceeds of $50 Million

Sandstorm Gold Ltd. Ordinary Shares (Canada) (SAND) 
NASDAQ:AMEX Investor Relations: sandstormgold.com/investors
Company Research Source: Business Wire
VANCOUVER, British Columbia--(BUSINESS WIRE)--Sandstorm Gold Ltd. (“Sandstorm Gold Royalties”, “Sandstorm” or the “Company”) (NYSE: SAND, TSX: SSL) is pleased to announce the successful completion of its Early Warrant Exercise Program, as described in the press release dated March 2, 2020. All 15 million unlisted share purchase warrants were exercised, providing proceeds of US$50.25 million to the Company.The proceeds will be used to pay the remaining balance of the Company’s revolving credit facility, putting Sandstorm in a cash positive position. The Company now has a total of 189,211,583 common shares issued and outstanding as of April 22, 2020.CONTACT InformationFor more information about Sandstorm Gold Royalties, please visit our website at www.sandstormgold.com or email us at info@sandstormgold.com.ABOUT SANDSTORM GOLD ROYALTIESSandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the Show less Read more
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