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AUGUST 5 , 2021 | VANCOUVER , BC PRESS RELEASE SANDSTORM GOLD ROYALTIES ANNOUNCES 2021 SECOND QUARTER RESULTS Sandstorm Gold Ltd. ( " Sandstorm Gold Royalties ” , “ Sandstorm ” or the “ Company ” ) ( NYSE : SAND , TSX : SSL ) has released its results for the second quarter ended June 30 , 2021 ( all figures in U.S. dollars ) . SECOND QUARTER HIGHLIGHTS • Record attributable gold equivalent ounces¹ of 18,004 ounces ( Q2 2020 - 10,920 ounces ) ; • Revenue of $ 26.4 million ( Q2 2020 – $ 18.7 million ) ; • • • • • Record total sales , royalties , and income from other interests¹ of $ 32.3 million ( Q2 2020 - $ 18.7 million ) ; Cash flows from operating activities , excluding changes in non - cash working capital¹ of $ 17.6 million ( Q2 2020 - $ 13.4 million ) ; Average cash cost per attributable gold equivalent ounce¹ of $ 227 resulting in cash operating margins¹ of $ 1,569 per ounce ( Q2 2020 - $ 257 per ounce and $ 1,458 per ounce respectively ) ; Net income of $ 8.6 million ( Q2 2020 - $ 7.1 million ) ; Significant Acquisitions : During the quarter , the Company entered into over $ 140 million in stream and royalty transactions . The acquisitions provide the Company with immediate cash flow , exposure to quality assets , increased diversification , and exploration upside . о In June 2021 , the Company acquired a diverse package of Vale royalties which provide holders with life of mine net sales royalties on certain of Vale's producing and exploration assets . The royalties provide exposure to several of Vale's long - life , low- cost assets and are expected to contribute to Sandstorm's portfolio for several decades . SANDSTORM GOLD ROYALTIES NYSE SAND TSX SSL