Acquisition Of Nevada Royalty Package

VANCOUVER - Sandstorm Gold Ltd. reported the acquisition of 21 royalties on properties primarily in Nevada, and provide an update of recent developments from the Company's royalty portfolio.

The Company has acquired a package of royalties from an affiliate of Waterton Precious Metals Fund II Cayman, LP for consideration of US$7 million, with an additional $1 million payment contingent on certain advancement milestones on the Converse property. The package includes 21 royalties on development, advanced exploration and exploration stage projects located in Nevada and Montana.

The most advanced project in the royalty package, the Converse property, is located in Nevada's Battle Mountain trend. With the addition of this royalty package, Sandstorm's portfolio now includes 220 stream and royalty assets around the world.