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Sandstorm Gold Ltd.

09:54 AM EST - Sandstorm Gold Ltd. : And Equinox Gold Corp. announced the creation of Sandbox Royalties Corp., a new diversified metals royalty company. Equinox Gold and Sandstorm have each entered into definitive purchase and sale agreements with Rosedale Resources Ltd. whereby Rosedale will acquire a portfolio of royalties from Equinox Gold for consideration of $28.4 million in common shares of Rosedale and from Sandstorm for consideration of $65 million comprising $32.1 million in common shares of Rosedale and $32.9 million in a promissory note convertible into common shares of Rosedale. Sandstorm Gold Ltd. shares T.SSL are trading unchanged at $852.00.