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Sandstorm Gold Ltd. reported developments tied to its precious metals royalty business and its completed acquisition by Royal Gold. The company provided upfront financing to mining companies in exchange for rights to a percentage of mine production for the life of the mine, with news covering royalty and stream exposure, quarterly dividends, sales, revenue and credit-facility disclosures.
Later company updates centered on the statutory plan of arrangement through which Royal Gold indirectly acquired all issued and outstanding Sandstorm common shares. Subsequent disclosures addressed shareholder voting, court and regulatory approvals, delisting of the shares, and the steps to cease public reporting and deregister the securities.
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