Sandstorm reminds shareholders of voting deadline as Royal Gold deal advances
NYSE- and TSX-listed Sandstorm Gold has confirmed that Royal Gold has received all required regulatory approvals, including those under the Investment Canada Act, the Competition Act (Canada) and South Africa’s Competition Act, for its planned acquisition of the Canadian royalty company.
Completion of the transaction remains subject to customary conditions, including approvals by shareholders of both companies, the Supreme Court of British Columbia, conditions linked to the Horizon transaction, and the listing of Royal Gold shares on Nasdaq.
Closing is expected early in the fourth quarter.
Sandstorm has reminded its shareholders of the October 7 deadline to vote by proxy for the special meeting scheduled on October 9. The board has unanimously recommended that shareholders vote in favour of the proposed arrangement with Royal Gold.
Amid the ongoing Canada Post labour strike, shareholders are encouraged to cast their votes online and to use courier or hand delivery for required documentation.
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