Deal Snapshot
Sandstorm Gold Royalties Acquires Nevada Royalty Package
Monday 17 May 2021

Canadian gold royalty company Gold Ltd (NYSE: SAND) (TSX: SSL) has acquired a package of royalties from an affiliate of Waterton Precious Metals Fund II Cayman, LP for consideration of USD 7m, with an additional USD 1m payment contingent on certain advancement milestones on the Converse property, the company said.

The package includes 21 royalties on development, advanced exploration and exploration stage projects located in Nevada and Montana. The most advanced project in the royalty package, the Converse property, is located in Nevada's Battle Mountain trend and is in close proximity to SSR Mining's Marigold mine and Barrick Gold's Lone Tree mine.

Date Published: 17/05/2021