Mr. Erfan Kazemi reports

SANDSTORM GOLD ROYALTIES ANNOUNCES 2024 THIRD QUARTER SALES AND REVENUE; FINANCIAL RESULTS TO BE RELEASED NOVEMBER 7

Sandstorm Gold Ltd. (Sandstorm Gold Royalties) has released its sales and revenue figures for the third quarter ended Sept. 30, 2024 (all figures in U.S. dollars).

Third quarter preliminary sales and revenue

During the three months ended Sept. 30, 2024, the company sold approximately 17,350 attributable gold equivalent ounces and realized preliminary revenue of $44.7-million (21,123 attributable gold equivalent ounces and $41.3-million in revenue for the comparable period in 2023). Preliminary cost of sales, excluding depletion for the three months ended Sept. 30, 2024, was $5.3-million resulting in cash operating margins of approximately $2,215 per attributable gold equivalent ounce ($4.7-million and $1,699 per attributable gold equivalent ounce for the comparable period in 2023, respectively).

Release date and conference call details

The company will release its third quarter 2024 results on Thursday, Nov. 7, 2024, after markets close. A conference call will be held on Friday, Nov. 8, 2024, starting at 8:30 a.m. PST, to further discuss the third quarter results. To participate in the conference call, use the following dial-in numbers and conference ID, or join the webcast.

International:  1-437-900-0527

North American toll-free:  1-888-510-2154

Conference ID:  87406

A webcast will be available.

About Sandstorm Gold Ltd.

Sandstorm is a precious-metal-focused royalty company that provides upfront financing to mining companies and receives the right to a percentage of production from a mine for the life of the mine. Sandstorm holds a portfolio of approximately 230 royalties, of which 41 of the underlying mines are producing. Sandstorm plans to expand and diversify its low-cost production profile through the acquisition of additional gold royalties.

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