Brief: Sandstorm Gold Royalties Renews Credit Facility

Sandstorm Gold

28/09/2023 23:25

Sept 28 (Reuters) - Sandstorm Gold Ltd  SSL.TO :
    * SANDSTORM GOLD ROYALTIES RENEWS CREDIT FACILITY, AMENDS
MERCEDES
STREAM, PROVIDES CORPORATE AND DEVELOPMENT ASSET UPDATES
    * SANDSTORM GOLD LTD- HAS RENEWED ITS $625 MILLION REVOLVING
CREDIT FACILITY THROUGH SEPTEMBER 2027
    * SANDSTORM GOLD LTD- SANDSTORM PARTIALLY DREW DOWN ON ITS
CREDIT
FACILITY IN 2022 AS PART OF A SIGNIFICANT INVESTMENT IN GROWTH
    * SANDSTORM GOLD LTD- CONTINUE TO EXPECT PRODUCTION TO REACH
A
PEAK OF 125,000 GOLD EQUIVALENT OUNCES WITHIN NEXT FIVE YEARS
    * SANDSTORM GOLD LTD- UNDERGOING A PROCESS TO MONETIZE
BETWEEN
$40-$100 MILLION OF NON-CORE, NON-CASH FLOWING ASSETS BY END OF
2024

Source text for Eikon:  ID:nCNWx1628a 
Further company coverage:  SSL.TO 

 ((Reuters.Briefs@thomsonreuters.com;))