SANDSTORM ACQUIRES 56 ROYALTIES FROM TECK FOR US$22 MILLION - PowerPoint PPT Presentation

SANDSTORM ACQUIRES 56 ROYALTIES FROM TECK FOR US$22 MILLION

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION Except for the statements of historical fact contained herein, the information presented constitutes "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 applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Sandstorm Gold Ltd. (“Sandstorm”). Forward-looking statements include, but are not limited to, statements with respect to the future price of gold, the estimation of mineral reserves and resources, realization of mineral reserve estimates, 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 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 will operate in the future, including the price of gold 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, gold 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 Sandstorm 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 Sandstorm 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 Sandstorm will purchase gold 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, 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 Sandstorm’s annual report for the financial year ended December 31, 2014 available at www.sedar.com. Although Sandstorm 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. Sandstorm does not undertake to update any forward looking statements that are contained or incorporated by reference, except in accordance with applicable securities laws.

Transaction Overview PAGE 03 PAYMENT TO TECK: SANDSTORM RECEIVES: US$22 million US$20.6M in SSL Shares US$1.4M in Cash 56 � price based on 10-day VWAP Royalties 33 projects in North America 09 projects in South America 03 projects in Europe 11 project in Asia

TRANSACTION OVERVIEW Advantages to Sandstorm PAGE 04 IMMEDIATE CASH FLOW WITH GROWTH POTENTIAL STRONG COUNTERPARTIES US$1.5 million to US$2.0 million in immediate cash flow. Key Assets have potential to reach US$10 million to US$15 million+ in cash flow per year . ASSET DIVERSIFICATION Producing Development 04 09 Stage Advanced Exploration 08 35 Exploration LONG-TERM OPTIONALITY

7 Key Assets PAGE 05 PROJECT OPERATOR LOCATION STATUS TERMS Hot Maden Mariana Resources Ltd. Turkey Advanced Exploration 2% NSR Hackett River Glencore plc Canada Development 2% NSR Lobo-Marte Kinross Gold Corp. Chile Development 1.75% NSR Burhaniye Tümad Madencilik A.Ş. Turkey Development 2% NSR Copper Mountain Copper Mountain Mining Canada Producing 5% NSR Agi Dagi/Kirazli Alamos Gold Inc. Turkey Development US$10/oz Oksut Centerra Gold Inc. Turkey Development 0.5%–1.5% NSR

HOT MADEN Mariana Resources Ltd. PAGE 06 LOCATION: ROYALTY: STATUS: 2% NSR Advanced Exploration High grade gold-copper mineralization discovered RECENT DRILL RESULTS: 103m @ 9 g/t Au, 2.2% Cu 82m @ 20.4 g/t Au, 1.9% Cu North Eastern, 13m @ 88 g/t Au, 2.5% Cu Turkey Resource delineation drilling within and around the main mineralized zone is ongoing.

HOT MADEN Mineral Reserves and Resources PAGE 07 HTD-10 As at August 2015 HTD-5 HTD-18 overburden MT gpt Au %Cu oz Au M lb Cu INDICATED 1.03 29.2 4.00 967,000 90 “Ultra” High Grade 800m 3.20 5.2 1.80 537,000 123 High Grade 43m @ 11.7 g/t Au, 2.2% Cu 750m 0.48 0.9 1.00 14,000 11 Low Grade 100.2m @ 5.6 g/t Au, 1.3% Cu 4.71 10.0 2.20 1,518,000 224 Total 700m Au-Cu Zone INFERRED Zn Zone 117.3m @ 13.9 g/t Au, 2.04% Cu OPEN 650m 0.33 36.2 3.30 379,000 24 “Ultra” High Grade 8m @ 15.1 g/t Au, 1.46% Cu 22m @ 46.2 g/t Au, 2.29 3.1 2.00 228,000 High Grade 99 3.06% Cu 600m 108.2m @ 3.0 g/t Au, 1.3% Cu 0.82 0.8 1.00 21,000 18 Low Grade 12m @ 6.4 g/t Au, 2.8% Cu 9m @ 12.4 g/t Au, 550m 0.8% Cu 0.22 1.8 0.40 13,000 2 Peripheral 2m @ 8.6 g/t Au, 5.4% Cu OPEN N 50m 3.65 5.5 1.80 640,000 143 Total

740400E 740600E 740800E 4542400N HOT MADEN 1 Drill Results Summary INTERPRETED POST 2 MINERALISATION FAULT 1 -------- --------------------------------------------------------------- 3 2 HTD-08 7.2m @ 2.1 g/t Au, 1.6% Cu, 8.0m @ 1.8% Cu 4 5 3 HTD-20 88.5m @ 1.8 g/t Au, 2.3% Cu 6 4 HTD-04 103m @ 9.0 g/t Au, 2.2% Cu 4542200N 9 5 HTD-17 83m @ 13.4 g/t Au, 3.88% Cu 8 10 7 6 HTD-09 22m @ 3.1 g/t Au, 0.3% Cu MINERALISED ZONES 13 14 7 HTD-18 108.2m @ 3.0 g/t Au, 1.3% Cu 11 15 12 Gold-Copper 8 HTD-15 117.3m @ 13.9 g/t Au, 2.04% Cu 9 HTD-10 100.2m @ 5.6 g/t Au, 1.3% Cu 16 Zinc 17 10 HTD-24 36.3m @ 21.7 g/t Au, 5.5% Cu 18 11 HTD-02 1.3m @ 9.9 g/t Au, 0.3% Cu OPEN TO 12 -------- --------------------------------------------------------------- SOUTH 4542000N 13 HTD-05 82m @ 20.4 g/t Au, 1.9% Cu 14 HTD-13 109.9m @ 11.9 g/t Au, 1.13% Cu 15 HTD-16 100.7m @ 2.3 g/t Au, 1.84% Cu 16 HTD-11 107.7m @ 4.2 g/t Au, 0.9% Cu 17 HTD-22 43.8m @ 7.7 g/t Au, 1.2% Cu a 18 HTD-12 38m @ 3.0 g/t Au, 1.74% Cu NEW SOUTHERN b ZONE c 4541800N NEW SOUTHERN ZONE d e a HTD-21 64.1m @ 0.8 g/t Au, 0.3% f b HTD-27 39m @ 5.8 g/t Au, 0.7% Cu g c HTD-25 25.2m @ 7.3 g/t Au, 0.47% Cu h d HTD-23 28.7m @ 1.8% Zn e HTD-03 1m @ 7.9 g/t Au, 0.2% Cu; 1m @ 19.9 g/t Au, 0.4% Cu f HTD-19 12.1m @ 2.1 g/t Au, 0.7% Cu g HTD-07 8m @ 1.6 g/t Au; 3m @ 2.1 g/t Au; 1m @ 4.8 g/t Au; 1m @ 3.0 g/t Au 4541600N i h HTD-01 1m @ 5.5 g/t Au, 0.4% Cu; 1m @ 121 g/t Au, 1.2% Cu; 1m @ 9.5 g/t Au, 0.6% Cu i HTD-26 12.5m @ 4.1% Zn N 200m

HACKETT RIVER Glencore plc PAGE 09 ROYALTY: MINE LIFE: STATUS: 2% NSR 15+ yrs Development-staged VMS deposit One of the world’s largest LOCATION: undeveloped zinc projects will also produce lead, copper, gold and silver byproducts ESTIMATED AVERAGE ANNUAL PRODUCTION: 230M lbs 35M lbs 25M lbs 8.5M ozs 14K ozs of zinc of lead of copper of silver of gold Nunavut, Canada Royalty cashflow estimated to be US$8 million per year.

HACKETT RIVER Mineral Reserves and Resources PAGE 10 As at December 31, 2014 ZINC: SILVER: 4.0 B lbs 181 M ozs Indicated 1.2 B lbs 57 M ozs Inferred 5.2 B lbs 237 M ozs Total * Please refer to Mineral Reserves & Resources on Glencore’s website for complete information relat- ing to mineral reserves and mineral resources indicating tonnage and grade for the project.

LOBO-MARTE Kinross Gold Corp. PAGE 11 ROYALTY: STATUS: 1.75% NSR Development-ready capped at US$40 million Large gold copper intrusive hosted deposit. Over 7 million ounces M&I resources LOCATION: MINERAL RESOURCES: As at August 2015 TONNES (kt): GRADE (g/t): OUNCES (kozs): 1.13 96,646 3,525 Measured 88,720 1.22 3,489 Indicated 185,366 1.18 7,014 Measured & Indicated * Please refer to Mineral Reserves & Resources on the Kinross website for complete information relating to min- eral resources indicating tonnage and grade for the project. ESTIMATED AVERAGE ANNUAL PRODUCTION: Atacama, Chile 350,000 ozs of gold