Good morning. My name is Michelle, and I will be your conference operator today. At this time, I would like to welcome everyone to the Sandstorm Gold Royalties conference call. All lines have been placed on mute to prevent any background noise. Please be aware that some of the commentary may contain forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during that time, simply press star, then the number one on your telephone keypad. If you would like to withdraw your question, please press star two. I would like to remind everybody that this call is being recorded today, November 4, 2021. I would now like to turn the conference over to Mr. Nolan Watson. Please go ahead, sir. Thank you, Michelle. Good morning, everyone, and thank you for calling into this Q3 earnings call for 2021. This morning, I'm gonna provide an update on the company, including our official announcement about becoming a dividend-paying company, as well as answer some common questions that we've been getting from investors. Then Erfan, our CFO, is gonna walk us through the Q3 results, and then David Awram is gonna provide a brief update on a few of the assets underlying our streams and royalties. After that, we'll turn it over to the operator for a question-and-answer period. If anyone has any questions that do not need to be part of the live Q&A, you can ask those through the web portal, and we'll ensure that each question we get there will get a direct response from us after the call. At this time, we'll be going through a prepared PowerPoint presentation on the web portal. If you're able to, please turn your attention there now. First thing I would like to update everyone on, as it is usually the first question I get from investors during meetings, is the timing of the Hod Maden EIA and the status of the project. My understanding is the project has now successfully completed every single stage of the EIA process with flying colors and is simply awaiting a signature to be granted. As many of us who have been in the mining industry for a long time well know, sometimes this last step takes a week, and sometimes it takes a few months, depending on how busy the government individuals are. Although we're disappointed with the delays, and as a Sandstorm shareholder myself, I'd much prefer to have that signature in hand, I'm happy that the project continues to move forward in many other ways, including other minor permits and government approvals that keep rolling in, and the project continues to take steps forward even during this time. In the meantime, Sandstorm continues to not only be realizing strong cash flow from our streaming and royalty portfolio, but we are finally at the long-awaited point where our board has officially approved for Sandstorm to become a dividend-paying company. This has been a long time coming, but I'm particularly excited to be able to share these details with you. What we've decided to do is initiate a quarterly dividend each and every quarter going forward. The first of these dividend payments will be paid to investors during Q1 of next year. The exact details of the record date as well as the payment date will be determined soon, and we'll send out a separate press release informing investors of those specific details. The dividend has been targeted initially at approximately a 1% yield per annum, which we feel walks the balance of us wanting to return some capital to shareholders and also sends the clear message that we are still a growth company. The bulk of our cash flow will still be used to grow the company aggressively. This 1% yield works out to approximately CAD 0.02 per share per quarter, with Canadian shareholders receiving dividends in Canadian dollars and all other shareholders receiving dividends in an equivalent value but denominated in US dollars, meaning non-Canadian shareholders will be paid in US dollars, but the amount will work out to be a bit less than $0.02 per share. Our plan with this dividend is to reevaluate the payout ratio each and every year with the belief that if we're able to execute our business model well over time, we will be able to demonstrate a long track record of annual dividend increases while maintaining ourselves as a growth company. I'm particularly excited about this milestone for Sandstorm, and I hope most of our shareholders are too. The next thing I would like to update shareholders on is another form of capital allocation that has continued to be relevant to Sandstorm, and that is share buybacks. As many of you know, we have a long track record of stepping into the market and purchasing our shares whenever we feel we're trading at an unjustifiably low valuation. As our share price has come under pressure in recent months, we once again started repurchasing shares under our normal course issuer bid. In fact, we've now purchased approximately 4.4 million shares of Sandstorm during 2021, the vast majority of which have been purchased very recently in September and October. Over the past four years now, we have repurchased 19.9 million shares, which is over 10% of our company. We believe that the delay in the Hod Maden permit has provided us an opportunity to repurchase some shares at very cheap prices, and we've been very happy to do that over the past couple of months. If our share price continues to stay in this range, we'll likely continue to pick away in the market. These shares we have repurchased over the past few years have been done at an average price of $5.40 US per share, which we think is quite the bargain. The last common question I'll address this morning is what does our current deal pipeline look like, and do we think we'll be able to continue to grow in this competitive environment? I'll draw your attention to this next slide six. So far this year, we have completed three acquisitions for a total of $153 million. From what I see in our pipeline, I think there's the possibility of another medium-sized deal in precious metals in the next 2 to 3 months. Depending on timing and if it closes by the year-end, 2021 could be a record year of acquisitions for Sandstorm since inception. We have plans to continue to aggressively grow the company, and based on the potential deals we see in front of us, we're confident that we can do that. So far in 2021, we have allocated a total of $180 million, with the bulk of that capital being for new acquisitions to grow the company and with $27 million of that being allocated to share buybacks. Sandstorm's portfolio is generating enough cash flow that we can continue to grow the company and shrink the share float and initiate a dividend. I know that there's been a recent sell-off in Gold equities around the world, and Sandstorm has been particularly hard hit, but we're pleased to be in the enviable position of growing the company and shrinking the share float and initiating a dividend. It isn't hyperbole to say that the fundamentals of Sandstorm's business are stronger than they have ever been, and we'll continue to build our business for shareholders. With that, I'll hand it over to Erfan to discuss the quarterly results. Thanks, Nolan. Thank you to everyone who's tuned in this morning. I'm going to take a few moments and review the highlights from the Q3 financials. On this first slide, we see the trend in revenue attributable to Gold production and average realized Gold price over the last four quarters. During the Q3, Sandstorm generated $27.6 million in sales and royalty revenue from its cash flowing assets. This represents an increase of approximately 19% compared to the Q3 in 2020. The company sold approximately 15,500 attributable Gold equivalent ounces at an average realized Gold price of $1,779. The slight reduction in ounces sold this quarter compared to Q2 was previously anticipated due to a few changes in production schedules of certain assets, which I will discuss in a minute. Regardless, Sandstorm is on track for another record year of production, with nearly 51,000 Gold equivalent ounces sold for the nine-month period ended September 30, 2021. In fact, we're increasing the bottom end of our guidance and believe we'll hit 64,000-69,000 Gold equivalent ounces in 2021. The next slide compares the Q3 of 2021 with the results of the Q3 in 2020. As I've mentioned, Sandstorm realized a 19% increase in revenue and sold 29% more Gold equivalent ounces when compared to the Q3 in 2020. The increases were largely due to revenue attributable to the recently acquired Vale royalty package and an increase in revenue from various assets, such as the Fruta del Norte mine. In addition, the average price of copper and silver have increased by 49% and 36% respectively when compared to the same period in 2020, which contributed to the increase in Gold equivalent ounces sold at our copper and silver royalty and streaming assets. Moving down the list, cash costs per attributable ounce was $238 for the Q3, resulting in cash operating margins of $1,541 per ounce. Cash flows from operating activities, excluding changes in non-cash working capital, increased by 16% compared to the Q3 in 2020, and net income was up slightly at $6.6 million. Taking a look at the production breakdown by asset on the next slide, you will note that the Yamana Silver Stream was a top contributor for the quarter. Cerro Moro, the underlying asset of the Yamana Silver Stream, contributed over 2,300 Gold equivalent ounces in Q3. Despite leading the portfolio in production, silver deliveries were down slightly. Under the stream agreement, there is a lag of one quarter for silver deliveries from the Cerro Moro mine. For example, the attributable ounces in the Q3 is based on the mine's production in Q2. Cerro Moro's Q2 production was down slightly compared to the previous period, partially due to site improvements that were originally slated for the second half of the year. This decrease in production was partially offset by the increase in silver price that I mentioned previously. It is worth noting that there's an annual cap of 1.2 million ounces of silver under the stream agreement, which works out to 300,000 ounces per quarter. If Sandstorm hits this cap in one quarter but not all quarters, there is a true-up delivery that occurs at the end of the year, which we realized in our Q1 production figures. The Chapada Copper Stream was another strong contributor to Q3 production. Compared to the Q3 in 2020, Chapada contributed over 80% more Gold equivalent ounces. This was largely due to the increase in average selling price of copper over the last year. As I mentioned earlier, the newly acquired Vale Royalty Package was a large contributor to the company's production results. The long-life assets underlying this royalty package were a welcome addition to Sandstorm's portfolio in June of this year. The other part of the deal announced in June was the Vatukoula Gold Stream. This transaction is expected to close in the Q4, and we expect the fixed Gold deliveries to begin soon thereafter. The next slide provides a breakdown of the Q3 production by region and metal type. Nearly 40% of Gold equivalent ounces were attributable to North America, and over half coming from South America, largely driven by Cerro Moro, Chapada, and the Vale Royalty Package. Looking at metal type, two-thirds of production came from precious metals, over half of which was Gold. The 30% of production from base metals is largely driven by the company's copper assets in the Vale Royalty Package. Sandstorm remains focused on precious metals, and we continue to anticipate approximately 80% of revenue coming from Gold and silver by 2024. Finally, I want to highlight the company's increased revolving credit facility that was announced in October. Sandstorm amended its revolving credit facility agreement, allowing the company to borrow up to $350 million. With this new loan, Sandstorm became the first royalty company to establish an ESG-linked credit facility and one of the first mining companies to have an internally customized KPI-based facility. This loan incorporates sustainability-linked incentive pricing terms that allow us to reduce the borrowing costs as the company's sustainability performance targets are met. These performance targets include increasing the percentage of our investments that align with sustainability and climate-related reporting standards, as well as maintaining or improving certain external ESG ratings and diverse representation amongst senior management board members. Since the beginning of Sandstorm, management has been committed to taking actionable steps to improve ESG factors in our industry, and that's why we continue to be highly rated across so many of the different metrics that rate the companies in the industry. I'm particularly pleased to be part of innovative solutions like this that benefit shareholders while also improving corporate responsibility. With that, I'll pass the mic over to Dave for some asset updates. Thanks, Erfan. This quarter, we'll focus on developments on three of our larger projects that have all had great exploration success, a trend we expect to continue for all of them. In September, Equinox announced the results of a pre-feasibility study on a future expansion of Aurizona. The project is now expected to produce an average of 137,000 ounces of Gold per year over 11 years, with the extra life coming from an underground mine under the current Piaba Pit and two satellite open pits. What's really exciting about this new plan is that it leaves the door open for additional satellite pits and, of course, additional underground material. Both Tatajuba and Jenipapo were discovered years ago, but other more recently discovered zones like Macoche, Touro, Mestre Chico, and Piaba North Trend are still yet to be folded into a potential mine plan, but all remain legitimate candidates for further development. Even beyond that area are the greenfields area to the south, which hosts the same prospective rocks. Underground, there yet remains opportunities to explore at depth. Equinox has done a great job of revealing the potential of this asset, and with any luck, we may see the mine life extend much longer than the current 11 years. Moving on to Lundin Gold and Fruta del Norte, we see some great operational results from the mine, with now at least 5 quarters in a row of beating expectations on production. Lundin has been talking about this year's mill expansion from 3,500 tons to 4,200 tons per day operation for almost a year. As of today, they are mining at a rate of 4,200 tons per day. The stockpiling of the ore speaks to their confidence of completing the expansion and processing at the higher rate soon. Lundin also continues to focus on resource expansion. Of particular interest is the current inferred resource, which is being drilled from the underground sites. Hopefully, this will add meaningful life to the mine. In addition, they are well into their long-awaited regional exploration program on Barbasco and Puente-Princesa within the Suarez Pull-Apart Basin. This exploration is focused on finding a lookalike Fruta deposit in previously untested but prospective areas. Other regional targets will be pursued once permits are obtained. Initial assay results are expected this quarter on at least the Barbasco target, but by early next year, we should know whether these are new discoveries within the basin. For Cerro Moro, I'll speak a little bit about how the deliveries have worked quarter to quarter and then a little on some new plans for expanded production. In Q3, high clay content caused clarification challenges, but despite this, production was 86% higher than Q2, and a further increase is expected into the Q4. A new method of feed blending and a new supply of feed water have been implemented, which seem to have increased recoveries overall and will go a long way to addressing this problem. Yamana has also opened more mining phases to increase mill feed, which is another trend expected to continue. Q4 is expected to have the strongest quarter of the year, and the mine should get back to normal rates compared to the beginning of the year. As Erfan pointed out earlier, there was one quarter delay in delivery, so expect this better Q4 performance at Cerro Moro to be reflected later on for Sandstorm. As for expansions, Yamana has commented on the ability to scale up to as high as 2,200 tons per day, which is double the original design, and they expect to do this at a minimal cost. The additional tonnage may come from existing material that is currently below cut-off grade. Could become economic based on the increased throughput. In addition to the expanded milling scenario under study, Cerro Moro is also contemplating a potential heap leach scenario. Recognizing that there are lower grade oxides presence allows for the opportunity to examine this potential new mining method. An initial study has begun, and metallurgical work is ongoing as they study this addition to the overall production at Cerro Moro. Exploration work continues to focus on the Escondida-Zoe structural corridor with success along strike and down dip. The bulk of the samples taken this year are still out for assay. However, results received have indicated that they are seeing strong success within this corridor. On a more regional basis, they are employing more geologic mapping, geochemical sampling, and CSAMT geophysics to identify targets. So far, scout drilling has found some promising targets and I remind you that this is a very large area, over 2,000 sq km under our AI. We hope much more high grade material to be discovered on the property. With that, I'll pass over the call to the operator, Michelle, for a Q&A. Please feel free to ask questions about any of our royalties and streams. Thank you, sir. Ladies and gentlemen, if you would like to ask a question, please press star followed by the 1 on your touch-tone phone. If you would like to withdraw your question, please press star followed by the 2. Please stand by for your first question. Your first question comes from Heiko Ihle of H.C. Wainwright. Please go ahead. Hey, it's Heiko. How are you? You already answered my first question in relation to Hod Maden, your prepared remarks, but I got just two more little quick ones for you there. Can you elaborate a bit on the ESG-linked credit facility? I've never really heard of anything like it, and I did some Google searching earlier today, and there's only a few results, frankly, with just a few banks and firms. What exactly are the terms and benefits? I mean, you mentioned various targets earlier on this call, but maybe just in more detail. Assuming you hit these targets, what does that do to the rate that you have to pay versus just having a normal facility? I guess in other words, what I'm trying to say is this mostly punishment if the ESGs aren't met or what's your upside if you actually deliver? Yeah, thanks so much for that question. Yes, I agree. Not many companies, especially in North America, are familiar with ESG-linked loans. It's something that originated mainly in Europe, and it slowly made its way into the markets here. You can see that being the first, that there's a lot of questions on it. I'll maybe address the last point of your question about what is the impact of the facility on the ESG ratings. If we're able to hit those ratings, the impact on our pricing is about five basis points, whether it's a drawn or standby basis. To the extent we are very offside on those performance metrics, then you can have unfavorable pricing of the same amount of five basis points. You know, it's not a material impact on our cost of capital, but, I think, it signals the things that we care about and the things that are important. Those specific metrics are one, as an entity that gets to deploy capital, we can encourage the people that we deploy capital to in meeting certain reporting standards from a carbon sustainability perspective. There's some formulas and percentages there to get there. As you can see, as our portfolio matures and the quality and strengths of our counterparties improve, you can see that we'll hopefully be hitting a lot of those metrics. The other one being, Standard & Poor's, they do a rating of a company based on essentially various metrics from water usage and carbon impact to governance and the social impact that the company has. Then they give you a score. That score is like triple A or double A all the way to B, so similar to other rating agencies. In Sandstorm, we're actually rated double A, and I don't believe there's any other mining company out there that has a higher rating than us. The key is maintaining that rating. The third component is, as we started Sandstorm many years ago, over the last decade, we've ensured that our workforce, senior management, board is diverse. We have about 40% of our senior management board members that have that a diverse mix of thoughts and opinions and makeup. The metric under the ESG loan is improving that or maintaining that threshold. That's the summary of the ESG linked loan. Got it. Just thinking out loud conceptually here, I mean, you're initiating the dividends, and you also have a quite meaningful share repurchase program. Thinking out loud here, do you think these shareholder returns from the dividend are gonna be in addition to returns from the share repurchase program? Do you think the repurchase figures that we saw in Q3 and frankly, also in Q4 thus far, are likely to shrink in the longer term as the dividend keeps growing? The way we look at it is now that we're a dividend-paying company, we're going to have that dividend repayment to shareholders be a permanent thing and hopefully growing year over year over year. When it comes to share repurchases, the way we're gonna be evaluating it is weighing the capital allocation of share repurchases versus the capital allocation of acquiring new streams and royalties. It's my hope that over time, as we continue to build the company, that our share price will rerate and trade more in line with our peers. In which case, we will probably stop buying back shares and refocus all of that capital to aggressively growing the company. If that takes time and we continue to trade at these low multiples, you'll see some of that capital being allocated to share repurchases. The interplay of those two is gonna determine how much capital gets allocated to share repurchases. Makes sense. Thanks for taking my questions. I'll get back in queue. Thank you. Ladies and gentlemen, as a reminder, if you would like to ask a question, please press star one on your telephone keypad now.