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Sandstorm Gold (SAND) Backs Royal Gold’s $1 Billion Kansanshi Stream Acquisition

Sandstorm Gold Ltd. (NYSE:sand) He is One of the best Canadian golden stocks for purchase according to hedge funds. On August 5, the company said it supports the acquisition of Royal Gold Inc. (NASDAQ: RGLD) for the gold stream on the Kansanshi Copper-Gold mine in Zambia for a billion dollars. The company stated that it was specifically considering such a large acquisition of its previous agreement with Royal Gold.

Sandstorm Gold (SAND) supports Royal Gold’s Royal Gold $ 1 billion Kansanshi Stream

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Royal Gold will finance the acquisition of the current cash reserves and its rotating credit facilities, without issuing new shares. The gold stream was organized to connect 75 ounces per million pounds of recovered copper produced by Kansanshi until Royal Gold received 425,000 ounces. This delivery rate will decrease to 55 ounces, then 45 ounces per million pounds for subsequent production features. The flow is expected to provide an immediate cash flow, with a preliminary connection of about 12,500 ounces of gold in 2025, and average between 35,000 to 40,000 ounces annually over the next decade.

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Why does this deal call the Sandstorm? Sandstorm and Royal Gold entered a final ranking on July 6, 2025, to get the latter on all the distinguished stocks in Sandstorm in a deal throughout the participation. As such, Sandstorm’s support for this acquisition reflects the strategic benefit of its shareholders.

Sandstorm Gold Ltd. (NYSE: SAND) is a royal and Canadian company. It gets gold and other precious metal royalties from mining operators, especially through agreements that provide a percentage of active mines and the development stage. Its wallet includes more than 230 royalties, with 40 current production.

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Detection: Nothing. This article was originally published in A monkey from the inside.

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2025-08-09 03:52:00

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