The TSX Venture Exchange has accepted for filing the documentation relating to an arm's-length amended and restated purchase agreement between Metanor Resources Inc. and Sandstorm Gold Ltd., pursuant to which, once the company will have delivered to Sandstorm 12,000 ounces of gold at the fixed price of $500 (U.S.) per ounce, the existing gold stream on the Bachelor mine will be replaced with a 3.9-per-cent net smelter return royalty on all minerals produced from the Bachelor and Barry properties, of which 2.1 per cent of the royalty can be repurchased upon payment of $2-million (U.S.) for each property. In addition, the company issued to Sandstorm a total of 3,165,156 common shares at the deemed price of 77 cents per share.

For further details in connection with that transaction, please refer to the press releases of the company dated Sept. 18, 2017, and Oct. 2, 2017.