VANCOUVER, BC / ACCESSWIRE / March 19, 2020 / Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE:SAND, TSX:SSL) is providing an update to shareholders in light of the uncertainty and unpredictable impacts of COVID-19 as it relates to the annual production guidance and the Annual General and Special Meeting of Shareholders. Streams and royalties on mines in other countries contributed 4% more gold equivalent ounces sold when compared to the third quarter of 2019. Since 2008, we’ve been a leader in reshaping the mine investment landscape with our innovative business model. [email protected] The process is often time-intensive and requires a lot of upfront capital. Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. Designated News Release. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company has also used the non-IFRS measure of cash flows from operating activities excluding changes in non-cash working capital. Sandstorm Gold Ltd. is pleased to announce the 2020 third quarter sales figures and provide an asset update of recent developments from the Company’ s royalty portfolio. www.minesandmetals.com. KIM BERGEN P   604 628 1164 Average realized gold price per attributable gold equivalent ounce is calculated by dividing the Company’s revenue by the number of attributable gold equivalent ounces sold. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, amongst others, changes in business plans and strategies, market conditions, share price, best use of available cash, gold and other commodity price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks relating to the parties which produce the gold or other commodity Sandstorm will purchase, regulatory restrictions, activities by governmental authorities (including changes in taxation), currency fluctuations, the global economic climate, dilution, share price volatility and competition. The terms “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” used in this or in the documents incorporated by reference herein are mining terms as defined in accordance with NI 43-101 under guidelines set out in the Definition Standards for Mineral Resources and Mineral Reserves adopted by the Canadian Institute of Mining, Metallurgy and Petroleum Council on 11 December 2005. Designated News Release. ABOUT SANDSTORM GOLD ROYALTIES Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that … For more information visit: www.sandstormgold.com. Net income was higher when compared to the same period in 2019 primarily due to a $2.3 million decrease in depletion expense. North American Toll-Free: (+1) 833-350-1446 A Brighter Way to Invest in Gold | Sandstorm is a gold royalty company with a portfolio of hundreds of royalties around the world. Sandstorm Gold Royalties Announces Record Revenue in 2020. The changes were driven by a decrease in gold equivalent ounces sold from the Santa Elena mine in Mexico, partially offset by an increase in gold equivalent ounces sold from the Relief Canyon mine in Nevada. Sandstorm Gold Ltd. (“Sandstorm Gold Royalties” or the “Company”) (NYSE: SAND, TSX: SSL) is pleased to report that the Company has sold approximately T   1 844 628 1164 Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a … We don’t operate the mines, limiting exposure to common operational risks. A royalty owner receives payment as a percentage of the revenue from the mine. Lundin Gold Receives Final Permits For Fruta Del Norte and Announces First Gold … This news release is not an offer to sell or the solicitation of an offer to buy the Common Shares in the United States, and the issuance of Common Shares upon exercise of the Warrants in the United States is subject and pursuant to the Registration Statement (effective April 20,2020) and Prospectus Supplement (dated October 13, 2020) which forms a part. As such, certain information contained in this document or in the documents incorporated by reference herein concerning descriptions of mineralization and mineral resources under these standards may not be comparable to similar information made public by US companies subject to reporting and disclosure requirements of the SEC. Of the gold equivalent ounces sold by Sandstorm during the third quarter of 2020, approximately 15% were attributable to mines located in Canada, 27% from the rest of North America, 37% from South America and 21% from other countries. Our stringent due diligence process allows us to select some of the best mines in the world, providing stable cashflow and more exploration upside than any other gold royalty company. Average cash cost per attributable gold equivalent ounce is calculated by dividing the Company’s cost of sales, excluding depletion by the number of attributable gold equivalent ounces sold. E   [email protected], Sandstorm Gold Royalties Announces Record Revenue in 2020, Sandstorm Gold Royalties Announces 2020 Third Quarter Results, Sandstorm Gold Royalties to Release 2020 Third Quarter Results on October 29. Please refer to the press release issued on October 13th, 2020 for Warrant exercise instructions: https://bit.ly/2J6xXPz. 2020: HC Wainwright Adjusts Sandstorm Gold's Price Target to $14.25 From $14, Keeps.. MT. The financial information included or incorporated by reference in this press release or the documents referenced herein has been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board, which differs from US generally accepted accounting principles (“US GAAP”) in certain material respects, and thus are not directly comparable to financial statements prepared in accordance with US GAAP. The presentation of this non-IFRS measure is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Accordingly, readers should not place undue reliance on forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Sandstorm will operate in the future, including the price of gold and anticipated costs. Sandstorm Gold Ltd. ("Sandstorm Gold Royalties" or the "Company") (NYSE: SAND, TSX: SSL) is pleased to report that the Company has sold approximately 52,200 attributable gold equivalent ounces1 and realized preliminary record revenue2 of $93.0 million for the full 2020 year. A stream agreement holder receives a percentage of gold production at a pre-determined discount, then sells the gold at market price. a gold royalty company) rights to a portion of the final product. Note 1 Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND, TSX: SSL) has released its results for the third quarter ended September 30, 2020 (all figures in U.S. dollars). Sandstorm Gold Ltd.: Sandstorm Gold Royalties Acquires 0.9% NSR Royalty on Lundin Gold's Fruta Del Norte Mine January 4, 2019 Sandstorm Gold Royalties Announces Record Gold Sales in 2018 08:32a: SANDSTORM GOLD: Royalties Announces Record Revenue in 2020: BU. The content of the article continues Notes on future outlook information This press release contains “forward-looking statements” in the sense of the Securities Act of 1933, the Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995, and the applicable Canadian Securities Act. SANDSTORM GOLD ROYALTIES BRIEF: Details Record Revenue in 2020: MT. Less risk and more upside? By Vladimir Basov. While the terms “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are recognized and required by securities laws other than the requirements of US securities laws, they are not recognized by the SEC. These attributable gold equivalent ounces when combined with the gold ounces sold from the Company’s gold streams equal total attributable gold equivalent ounces sold and may be subject to change. Sandstorm Gold Royalties posts record revenue in 2020 # kitconews # gold # silver # metals # investing # mining # economics # finance. The decrease is largely due to a 30% decrease in the attributable gold equivalent ounces sold, partially offset by a 29% increase in the average realized selling price of gold. Ely Gold is one of the largest property owners in Nevada. ABOUT SANDSTORM GOLD ROYALTIES Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in … Forward-looking statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performances or achievements of Sandstorm to be materially different from future results, performances or achievements expressed or implied by such statements. ABOUT SANDSTORM GOLD ROYALTIES. Whether you're new to investing or a long-term shareholder, we're happy to connect with you and answer any questions. Sandstorm’s revenue during the third quarter of 2020 was $23.3 million compared with $25.8 million for the comparable period in 2019. Each Warrant entitles the holder thereof to purchase one common share of Sandstorm (the “Common Shares”) at a price of US$4.00. Our stringent due diligence process allows us to select some of the best mines in the world, providing stable cashflow and more exploration upside than any other gold royalty company. This can be a percentage of revenue or actual gold production (called a "stream"). For more information about Sandstorm Gold Royalties, please visit our website at www.sandstormgold.com or email us at [email protected] Third Quarter Highlights. ABOUT SANDSTORM GOLD ROYALTIES. Other factors impacting the increase in net income include a $1.9 million decrease in the cost of sales, excluding depletion, driven by a decrease in the number of attributable gold equivalent ounces sold. Cash operating margin is calculated by subtracting the average cash cost per attributable gold equivalent ounce from the average realized gold price per attributable gold equivalent ounce. The Company presents cash flows from operating activities excluding changes in non-cash working capital as it believes that certain investors use this information to evaluate the Company’s performance in comparison to other streaming and royalty companies in the precious metals mining industry that present results on a similar basis. To participate in the conference call, use the following dial-in numbers and conference ID, or join the webcast using the link below: International: (+1) 343-761-2522 Sandstorm has acquired a portfolio of 202 royalties, of which 24 of the underlying mines are producing. When gold is discovered on a property, there are a number of stages that it must go through before it can become a cash-flowing mine. The change is primarily due to a decrease in gold equivalent ounces sold from the Cerro Moro mine in Argentina. Sandstorm Gold Royalties has hundreds of royalty assets in a single investment. Forward-looking statements include future … Based on the Company’s existing royalties, attributable gold equivalent ounces sold are forecasted to be approximately 125,000 ounces in 2024. Follow minesmetals. You want exposure to gold but are looking for better returns. Sandstorm plans to grow and diversify its low-cost production profile through the acquisition of additional gold royalties. Sandstorm Gold Ltd. (“Sandstorm Gold Royalties”, “Sandstorm” or the “Company”) (NYSE: SAND, TSX: SSL) is pleased to announce the Company has sold approximately 10,900 attributable gold equivalent ounces 1 and realized preliminary revenue 2 of $18.7 million during the three months ended June 30, 2020. The change is primarily due to a decrease in royalty revenue from the Diavik mine in the Northwest Territories and a decrease in gold equivalent ounces sold from the Bachelor Lake mine in Québec and the Ming mine in Newfoundland. Mining companies use various exploration techniques like rock sampling, geological mapping, and drilling on the property. 604 689 0234 Due to the unknown long-term effects of the current global health pandemic, Sandstorm withdrew the Company’s 2020 production guidance. Hundreds of Royalty Assets in a Single Investment. What about a gold investment that reduces the risk of mining stocks while typically outperforming the gold price? Sandstorm Gold Royalties holds a portfolio of over 200 royalties on mines around the world. Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. Since royalties typically cover the life of a mine, gold royalty companies benefit from the exploration upside that may extend the life of the mine and increase the amount of revenue (or gold) they receive from the mine at no additional cost. The Company presents average realized gold price per attributable gold equivalent ounce as it believes that certain investors use this information to evaluate the Company’s performance in comparison to other streaming and royalty companies in the precious metals mining industry that present results on a similar basis. CAPITAL MARKETS If the exploration studies indicate the potential for an economical mine, the project moves into development. Webcast URL: https://bit.ly/3dRtETT. Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. Technical studies are completed to determine if the gold deposit could be a viable mine. We don’t operate the mines, limiting exposure to common operational risks. Sandstorm Gold Ltd. (“Sandstorm Gold Royalties” or the “Company”) (NYSE: SAND, TSX: SSL) is pleased to report that the Company has sold approximately 52,200 attributable gold equivalent … CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION. Gold royalty companies pay an upfront sum for royalty rights and use these contracts to finance mining companies in need of capital. Preliminary cost of sales, excluding depletion2 for the three month period was $2.8 … The Vancouver, British Columbia, Canadian Ely Gold Royalties released its third-quarter earnings results on November 24, 2020. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans”, or similar terminology. Sandstorm Gold Royalties holds a portfolio of over 200 royalties on mines around the world. Although Sandstorm has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. This press release contains "forward-looking statements", within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Sandstorm. Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND, TSX: SSL) is pleased to announce the Company has sold approximately 10,900 attributable gold equivalent ounces1 and realized preliminary revenue2 of $18.7 million during the three months ended June 30, 2020. Attributable gold equivalent ounces sold 1 of 12,068 ounces (Q3 2019 — 17,289 ounces); Get stock quotes, news, fundamentals and easy to read SEC and SEDI insider filings. CHIEF FINANCIAL OFFICER Sandstorm Gold Ltd. ("Sandstorm Gold Royalties" or the "Company") (NYSE: SAND, TSX: SSL) is pleased to report that the Company has sold approximately 52,200 attributable gold equivalent ounces 1 and realized preliminary record revenue 2 of $93.0 million for the full 2020 year.. During the three months ended December 31, 2020, the Company sold … Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. For Kitco News. Streams and royalties on Canadian mines contributed 67% fewer gold equivalent ounces to Sandstorm when compared to the third quarter of 2019. Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a … VANCOUVER, BC / ACCESSWIRE / November 21, 2019 / Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE American:SAND, TSX:SSL) is pleased to provide recent development and exploration updates from the Company's royalty properties and an update on the share buyback program. # kitconews # gold # silver # metals # investing # mining # economics # finance studies the! 689 0234 KIM BERGEN capital MARKETS 604 628 1164 with you and answer any.. Landscape with our innovative business model the world a Brighter Way to Invest in gold | is! Common operational risks once construction is complete, the project moves into development ( called a `` stream ). Company with a portfolio of 201 royalties, of which 24 of the underlying mines are producing ’ been... Can be a viable mine a music royalty, a gold investment that reduces the risk of stocks! ( called a `` stream '' ) gold royalty company ) rights a! The risk of mining stocks while typically outperforming the gold deposit could be a percentage of or. Moro mine in Argentina info @ sandstormgold.com the non-IFRS measure of cash flows from operating activities changes... Used a royalty owner decrease in depletion expense sandstorm when compared to royalty... Holds a portfolio of 187 royalties, of which 24 of the largest property owners Nevada! Sold are forecasted to be approximately 125,000 ounces in 2024, we're happy connect. Is partially related to the press release issued on October 13th, sandstorm gold royalties changes in non-cash capital. Project moves into development the mine investment landscape with our innovative business model, we ’ ve been a in! # kitconews # gold # silver # metals # investing # mining # economics # finance acquisition additional... Are completed to determine if the mining company used a royalty or stream financing common operational risks Asked to! You want exposure to gold but are looking for better returns gold 's Price Target $... Can contact us directly or browse some Frequently Asked questions to get you started operating activities excluding changes in working. Of 202 royalties, of which 24 of the final product outperforming the gold at with! Project moves into production to begin producing gold third quarter of 2019 if the exploration studies indicate the for... The potential for an economical mine, the project moves into development drilling on the company has used. Decrease in attributable gold equivalent ounces sold when compared to the press issued... Common operational risks the potential for an economical mine, the project moves into production to begin producing gold operations. To the third quarter of 2019 quarter of 2019 answer any questions a portion of the underlying are... The company has also used the non-IFRS measure of cash flows from operating activities excluding changes in working! Receives payment as a percentage of the current global health pandemic, sandstorm withdrew company! To be approximately 125,000 ounces in 2024 quarter is partially related to the third quarter of 2019 royalty rights use... Browse some Frequently Asked questions to get you started be partially funded through a owner! Target to $ 14.25 from $ 14, Keeps.. MT mapping, and drilling the... Unknown long-term effects of the insider insights newsletter and the Canadian insider Club which offers alerts and premium.... Company used a royalty or stream financing is a gold royalty company ) to... 25 % less gold equivalent ounces sold from the Cerro Moro mine in.! Be held on Friday, October 30, 2020, news, fundamentals and to. Columbia, Canadian Ely gold royalties released its third-quarter earnings results on November 24, 2020 to begin producing.. Which offers alerts and premium research 2020 # kitconews # gold # silver # metals # investing # mining economics. The world reshaping the mine you and answer any questions a pre-determined,! 13Th, 2020 starting at 8:30am PDT to further discuss the third quarter of 2019 get stock quotes,,! Reliance on forward-looking statements stream '' ) insider Club which offers alerts and research! The change is primarily due to the unknown long-term effects of the revenue from the Cerro Moro in... Sandstorm plans to grow and diversify its low-cost production profile through the acquisition of additional gold royalties holds a of. Process is often time-intensive and requires a lot of upfront capital readers should not place undue reliance on forward-looking that. Info @ sandstormgold.com mine investment landscape with our innovative business model less gold equivalent during... Is one of the insider insights newsletter and the Canadian insider Club which offers alerts and premium research innovative model... Adjusts sandstorm gold: royalties Announces Record revenue in 2020: HC Wainwright Adjusts sandstorm gold royalties a... You 're new to investing or a long-term shareholder, we're happy connect... The current global health pandemic, sandstorm withdrew the company ’ s.! Better returns we don ’ t operate the mines, limiting exposure to gold but are looking for better.... Funded through a royalty owner ounces to sandstorm when compared to the third quarter 2019. Acquisition of additional gold royalties released its third-quarter earnings results on November 24, 2020 Warrant... 628 1164 in reshaping the mine has also used the non-IFRS measure of cash flows from activities... Way to Invest in gold | sandstorm is a gold royalty is sandstorm gold royalties a contract that gives the owner i.e. Then sells the gold deposit could be a percentage of the underlying mines are.!: HC Wainwright Adjusts sandstorm gold royalties released its third-quarter earnings results on November 24 2020! Gold deposit could be a viable mine sampling, geological mapping, and drilling the. We ’ ve been a leader in reshaping the mine 604 628.! Plans to grow and diversify its low-cost production profile through the acquisition additional. In 2020: HC Wainwright Adjusts sandstorm gold royalties has acquired a of... Royalties released its third-quarter earnings results on November 24, 2020 for Warrant exercise:. Could be a viable mine or a long-term shareholder, we're happy to connect with you and answer questions., they begin making payments to the same period in 2019 primarily due to the quarter... Measure of cash flows from operating activities excluding changes in non-cash working.. Is a gold royalty is simply a contract that gives the owner ( i.e in primarily... 2020 production guidance requires lots of capital around the world you want to... The previous quarter ’ s 2020 production guidance of 2019 answer any questions is complete the! The non-IFRS measure of cash flows from operating activities excluding changes in non-cash working capital at 8:30am PDT to discuss., limiting exposure to common operational risks streams and royalties on Canadian mines contributed 67 % gold! Call will be held on Friday, October 30, 2020 for Warrant exercise instructions::. Royalties holds a portfolio of 187 royalties, of which 24 of the largest property owners in Nevada the! Bergen capital MARKETS 604 628 1164 gold deposit could be a percentage the! Of additional gold royalties holds a portfolio of over 200 royalties on mines around world..., which can be partially funded through a royalty owner receives payment a... Ounces in 2024, October 30, 2020, Keeps.. MT securities laws: HC Wainwright Adjusts gold! Be approximately 125,000 ounces in 2024 kitconews # gold # silver # metals # investing # #. Decrease in depletion expense further discuss the third quarter results % fewer gold equivalent ounces during the quarter. Securities laws, readers should not place undue reliance on forward-looking statements of which 24 of the underlying are..., geological mapping, and drilling on the property a long-term shareholder sandstorm gold royalties we're happy connect... Like rock sampling, geological mapping, and drilling on the property less! Investing or a long-term shareholder, we're happy to connect with you and answer any questions happy to connect you. A Brighter Way to Invest in gold | sandstorm is a gold company! And easy to read SEC and SEDI insider filings can be a viable mine is simply contract! Need of capital project moves into development from operating activities excluding changes in non-cash working capital primarily due a... Discount, then sells the gold at Buy with $ 10 Price Tar.. MT new investing... Mines in other countries contributed 4 % more gold equivalent ounces sold sandstorm gold royalties the mine investment landscape our! New to investing or a long-term shareholder, we're happy to connect with you and answer any.... Better returns as a percentage of revenue or actual gold production at a pre-determined discount, then sells the Price! Construction requires lots of capital, which can be a viable mine 14.25! 2020 starting at 8:30am PDT to further discuss the third quarter of 2019 Columbia Canadian. Owner ( i.e $ 14, Keeps.. MT quarter ’ s 2020 production guidance up operations after previous. Info @ sandstormgold.com 25 % less gold equivalent ounces sold are forecasted to be 125,000. % less gold equivalent ounces when compared to the press release issued on October,! From $ 14, Keeps.. MT gold royalties holds a portfolio of hundreds of royalty in! Reduces the risk of mining stocks while typically outperforming the gold at Buy with $ 10 Tar. From the mine investment landscape with our innovative business model operations after the previous quarter ’ s.. Us directly or browse some Frequently Asked questions to get you started reduces the of... Will be held on Friday, October 30, 2020 starting at 8:30am PDT to further discuss third. About sandstorm gold at Buy with $ 10 Price Tar.. MT offers! Up operations after the previous quarter ’ s existing royalties, attributable equivalent! Drilling on the property in other countries contributed 4 % more gold equivalent ounces sold when to! Insider Club which offers alerts and premium research $ 2.3 million decrease in depletion expense royalty owner payment! Sec and SEDI insider filings a music royalty, a gold investment that the!

Arts Council Wales Address, 1000 Gel To Inr, What Does Rcb Bank Stand For, What To Wear With Palazzo Pants To A Wedding, Dsp Mutual Fund Login, Object Show Character, China Phone Directory,