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Sandstorm Gold Royalties Declares Quarterly Dividend

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Sandstorm Gold Royalties (NYSE: SAND, TSX: SSL) has declared its fourth quarterly cash dividend for 2024. The dividend of C$0.02 per common share will be paid on October 25, 2024, to shareholders of record as of October 15, 2024. This qualifies as an "eligible dividend" under the Canadian Income Tax Act. The company's Board of Directors will review the dividend program regularly and may make changes based on various factors, including financial position and profitability.

Sandstorm is a precious metals-focused royalty company with a portfolio of over 230 royalties, 41 of which are from producing mines. The company aims to grow and diversify its production profile through acquiring additional gold royalties.

Sandstorm Gold Royalties (NYSE: SAND, TSX: SSL) ha dichiarato il suo quarto dividendo trimestrale in contante per il 2024. Il dividendo di C$0,02 per azione ordinaria sarà corrisposto il 25 ottobre 2024 agli azionisti registrati al 15 ottobre 2024. Questo si qualifica come un 'dividendo eleggibile' secondo la Legge canadese sul reddito. Il Consiglio di Amministrazione dell'azienda esaminerà regolarmente il programma dei dividendi e potrà apportare modifiche sulla base di vari fattori, inclusa la posizione finanziaria e la redditività.

Sandstorm è una società di royalty concentrata sui metalli preziosi con un portafoglio di oltre 230 royalty, 41 delle quali provengono da miniere produttrici. L'azienda mira a crescere e diversificare il proprio profilo di produzione attraverso l'acquisizione di ulteriori royalty sull'oro.

Sandstorm Gold Royalties (NYSE: SAND, TSX: SSL) ha declarado su cuarto dividendo en efectivo trimestral para 2024. El dividendo de C$0.02 por acción ordinaria se pagará el 25 de octubre de 2024 a los accionistas registrados al 15 de octubre de 2024. Esto se califica como un 'dividendo elegible' bajo la Ley del Impuesto sobre la Renta de Canadá. La Junta Directiva de la compañía revisará regularmente el programa de dividendos y podrá realizar cambios basados en varios factores, incluyendo la posición financiera y la rentabilidad.

Sandstorm es una compañía de regalías enfocada en metales preciosos con un portafolio de más de 230 regalías, 41 de las cuales provienen de minas en producción. La compañía busca crecer y diversificar su perfil de producción mediante la adquisición de regalías adicionales de oro.

샌드스톰 골드 로열티즈 (NYSE: SAND, TSX: SSL)는 2024년 네 번째 분기 현금 배당금을 발표했습니다. 보통주 1주당 C$0.02의 배당금은 2024년 10월 25일2024년 10월 15일 기준 주주에게 지급됩니다. 이는 캐나다 소득세법에 따른 '적격 배당금'으로 분류됩니다. 회사 이사회는 배당금 프로그램을 정기적으로 검토하며, 재무상태와 수익성을 포함한 다양한 요소에 따라 변화를 줄 수 있습니다.

샌드스톰은 귀금속에 중점을 둔 로열티 회사로, 230개 이상의 로열티 포트폴리오를 보유하고 있으며, 그중 41개는 생산 중인 광산에서 나옵니다. 이 회사는 추가적인 금 로열티를 취득함으로써 생산 프로필을 성장시키고 다각화하는 것을 목표로 하고 있습니다.

Sandstorm Gold Royalties (NYSE: SAND, TSX: SSL) a déclaré son quatrième dividende trimestriel en espèces pour 2024. Le dividende de C$0,02 par action ordinaire sera versé le 25 octobre 2024 aux actionnaires inscrits au 15 octobre 2024. Cela est considéré comme un 'dividende admissible' selon la Loi canadienne sur l'impôt sur le revenu. Le Conseil d'administration de l'entreprise examinera régulièrement le programme de dividendes et pourra apporter des modifications en fonction de divers facteurs, y compris la position financière et la rentabilité.

Sandstorm est une entreprise de redevances axée sur les métaux précieux avec un portefeuille de plus de 230 redevances, dont 41 proviennent de mines en production. L'entreprise vise à croître et à diversifier son profil de production par l'acquisition de redevances supplémentaires sur l'or.

Sandstorm Gold Royalties (NYSE: SAND, TSX: SSL) hat seine vierte vierteljährliche Barausschüttung für 2024 erklärt. Die Ausschüttung von C$0,02 pro Stammaktie wird am 25. Oktober 2024 an Aktionäre ausgezahlt, die am 15. Oktober 2024 im Aktienregister stehen. Dies qualifiziert sich als 'berechtigtes Dividende' gemäß dem kanadischen Einkommensteuergesetz. Der Vorstand des Unternehmens wird das Dividendenprogramm regelmäßig überprüfen und möglicherweise Änderungen vornehmen, die von verschiedenen Faktoren wie finanzieller Lage und Rentabilität abhängen.

Sandstorm ist ein auf Edelmetalle fokussiertes Royalties-Unternehmen mit einem Portfolio von über 230 Royalties, von denen 41 aus produzierenden Minen stammen. Das Unternehmen hat zum Ziel, sein Produktionsprofil durch den Erwerb weiterer Gold-Royalties zu wachsen und zu diversifizieren.

Positive
  • Declared fourth quarterly cash dividend for 2024
  • Dividend of C$0.02 per common share
  • Portfolio of over 230 royalties
  • 41 underlying mines are producing
  • Plans to grow and diversify production profile
Negative
  • Dividend subject to ongoing review and potential changes
  • Non-resident investors subject to Canadian withholding taxes

VANCOUVER, BC, Sept. 25, 2024 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to announce that its Board of Directors has declared the Company's fourth quarterly cash dividend for 2024 in the amount of C$0.02 per common share to shareholders of record as of the close of business on October 15, 2024. The dividend will be paid on October 25, 2024. The dividend qualifies as an "eligible dividend" as defined in the Income Tax Act (Canada).

The declaration, timing, amount, and payment of future dividends will be subject to the discretion and approval of the Board of Directors. The Company will review the dividend program on an ongoing basis and may amend it at any time depending on the Company's then current financial position, capital allocation framework, profitability, cash flow, debt covenant compliance, legal requirements and other factors considered relevant. As such, no assurances can be made that any future dividends will be declared and/or paid. Dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.

ABOUT SANDSTORM GOLD ROYALTIES

Sandstorm is a precious metals-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 over 230 royalties, of which 41 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.

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 "forward-looking information" within the meaning of applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Sandstorm Gold Royalties. Forward-looking statements include, but are not limited to: the payment of the dividend and declaration of future dividends, including the timing and amount thereof; the future price of gold, silver, copper, iron ore and other metals, 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 Gold Royalties 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 Gold Royalties will operate in the future, including the receipt of all required approvals, the price of gold and copper 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, failure to receive necessary approvals, changes in business plans and strategies, market conditions, share price, best use of available cash, 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 or other commodity the Company 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 the Company 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 the Company 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 the Company's annual report for the financial year ended December 31, 2023 and the section entitled "Risk Factors" contained in the Company's annual information form dated March 27, 2024 available at www.sedarplus.com. Although the Company 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. The Company 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.

FAQ

When will Sandstorm Gold Royalties (SAND) pay its next dividend?

Sandstorm Gold Royalties (SAND) will pay its next dividend on October 25, 2024, to shareholders of record as of October 15, 2024.

What is the amount of Sandstorm Gold Royalties' (SAND) quarterly dividend for 2024?

Sandstorm Gold Royalties (SAND) has declared a quarterly cash dividend of C$0.02 per common share for the fourth quarter of 2024.

How many royalties does Sandstorm Gold Royalties (SAND) currently hold?

Sandstorm Gold Royalties (SAND) currently holds a portfolio of over 230 royalties, with 41 of the underlying mines producing.

Are Sandstorm Gold Royalties' (SAND) dividends subject to change?

Yes, Sandstorm Gold Royalties (SAND) reviews its dividend program on an ongoing basis and may amend it based on factors such as financial position, profitability, and cash flow.

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