VANCOUVER, July 3, 2018 /CNW/ - Sandstorm Gold Ltd. (dba
Sandstorm Gold Royalties, "Sandstorm" or the "Company") (NYSE American: SAND, TSX: SSL) is pleased to report that the Company has
sold approximately 14,450 attributable gold equivalent ounces1 during the second quarter of 2018. Approximately 85% of
the ounces came from operations run by major and mid-tier mining companies.
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 return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. Sandstorm has
acquired a portfolio of 188 royalties, of which 21 of the underlying mines are producing. Sandstorm plans to grow and diversify
its low cost production profile through the acquisition of additional gold royalties.
For more information visit: www.sandstormgold.com
Note 1
Sandstorm has included certain measures in this press release that do not have any standardized meaning prescribed by
International Financial Reporting Standards (IFRS). As Sandstorm's operations are primarily focused on precious metals, the
Company presents this measure as it believes that certain investors use this information to evaluate the Company's performance in
comparison to other mining companies in the precious metals mining industry who present results on a similar basis. Other
companies may calculate these measures differently as a result of differences in the underlying accounting principles, policies
applied and in accounting frameworks, such as in IFRS. The presentation of these measures 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. The Company's estimated royalty and other commodity stream income is converted to an attributable gold equivalent ounce
basis by dividing the estimated royalty and other commodity stream income for the period by the estimated gold price per ounce
for the same respective period. Note these figures have not been audited and are subject to change.
CAUTIONARY STATEMENTS TO U.S. SECURITYHOLDERS
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.
Information contained or referenced in this press release or in the documents referenced herein concerning the properties,
technical information and operations of Sandstorm has been prepared in accordance with requirements and standards under
securities laws, which differ from the requirements of US securities laws. 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. 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. Disclosure of contained ounces are or may be permitted disclosure under
regulations applicable to Sandstorm; however, the SEC normally only permits issuers to report resources as in place tonnage and
grade without reference to unit of production measures. 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.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
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. Forward-looking statements
include, but are not limited to, the future price of gold, the estimation of mineral reserves and resources, realization of
mineral reserve estimates, and the timing and amount of estimated future production. 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.
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. 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. Certain important factors that could cause actual results, performances or achievements to differ
materially from those in the forward-looking statements include, amongst others, 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 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.
Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause
the actual results, level of activity, performance or achievements of Sandstorm to be materially different from those expressed
or implied by such forward-looking statements, including but not limited to: the impact of general business and economic
conditions, the absence of control over mining operations from which Sandstorm will purchase gold, other commodities or receive
royalties from, and risks related to those mining operations, including risks related to international operations, government and
environmental regulation, actual results of current exploration activities, conclusions of economic evaluations and changes in
project parameters as plans continue to be refined, risks in the marketability of minerals, fluctuations in the price of gold and
other commodities, fluctuation in foreign exchange rates and interest rates, stock market volatility, as well as those factors
discussed in the section entitled "Risks to Sandstorm" in Sandstorm's annual report for the financial year ended December 31, 2017 and the Company's annual information form dated March 29, 2018
available at www.sedar.com. 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. 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. Accordingly, readers should not place undue reliance on forward-looking statements. Sandstorm does not undertake to
update any forward looking statements that are contained or incorporated by reference, except in accordance with applicable
securities laws.
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SOURCE Sandstorm Gold Ltd.
View original content: http://www.newswire.ca/en/releases/archive/July2018/03/c4145.html