Sandstorm Gold Ltd. (NYSE: SAND) (TSX: SSL) is pleased to report that the Company sold approximately 19,200 attributable gold equivalent ounces¹ and realized preliminary revenue² of $36.0 million (total sales, royalties, and income from other interests¹ of $36.0 million) during the three months ended June 30, 2022, all representing a record for the Company (18,004 attributable gold equivalent ounces, $26.4 million in revenue, and $32.3 million in total sales, royalties, and income from other interests for the comparable period in 2021). Preliminary cost of sales, excluding depletion² for the three month period was $5.3 million resulting in cash operating margins¹ of approximately $1,590 per attributable gold equivalent ounce¹ ($4.1 million and $1,569 per attributable gold equivalent ounce for the comparable period in 2021, respectively).

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. After the closing of the Nomad and BaseCore transactions announced on May 2, 2022, Sandstorm will hold a portfolio of more than 250 royalties, of which 39 of the underlying mines are producing. Sandstorm plans to grow and diversify its low cost production profile through the acquisition of additional gold royalties.