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O NOVEMBER 3 , 2021 | VANCOUVER , BC PRESS RELEASE SANDSTORM GOLD ROYALTIES ANNOUNCES 2021 THIRD QUARTER RESULTS AND INITIATION OF DIVIDEND PROGRAM DESIGNATED NEWS RELEASE Sandstorm Gold Ltd. ( “ Sandstorm Gold Royalties ” , “ Sandstorm ” or the “ Company ” ) ( NYSE : SAND , TSX : SSL ) has released its results for the third quarter ended September 30 , 2021 ( all figures in U.S. dollars unless stated otherwise ) . INITIATION OF DIVIDEND PROGRAM Sandstorm is pleased to announce that the Company's Board of Directors has approved the initiation of the Company's quarterly dividend program . Sandstorm currently intends to declare and pay its first quarterly dividend of approximately C $ 0.02 per common share in the first quarter of 2022. In accordance with the rules of the Toronto Stock Exchange and the New York Stock Exchange , as applicable , Sandstorm will issue a press release at the time each quarterly dividend is declared . The declaration , timing , amount , and payment of Sandstorm's first and all future dividends will be subject to the discretion and approval of the Board of Directors . The Company will review the dividend program on an ongoing basis and may amend it at any time depending on the Company's then current financial position , capital allocation framework , profitability , cash flow , debt covenant compliance , legal requirements and other factors considered relevant . As such , no assurances can be made that any future dividends will be declared SANDSTORM GOLD ROYALTIES NYSE SAND TSX SSL