Fundz

Sandstorm Gold Royalties Announces Us$80 Million Bought Deal Financing

RECENTLY ACQUIREDSep 27, 2022

Amount Raised

$80 Million

Round Type

Funding Round

VancouverMiningMineralMining Technology

Description

Sandstorm Gold Ltd. (“Sandstorm Gold Royalties” or the “Company”) (NYSE: SAND, TSX: SSL) has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Scotiabank (the “Underwriters”) under which the Underwriters have agreed to buy from the Company, on a bought deal basis, 15,700,000 common shares (the “Common Shares”), at a price of US$5.10 per Common Share for gross proceeds to the Company of approximately US$80 million (the “Offering”). The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any. The Offering is expected to close on or about October 4, 2022 and is subject to the Company receiving all necessary regulatory approvals.

Quick answer

Sandstorm Gold Ltd raised $80 Million in a Funding Round round, dated September 27, 2022. Sandstorm Gold Ltd is based in Vancouver, British Columbia, Canada.

How much did Sandstorm Gold Ltd raise?
Sandstorm Gold Ltd raised $80 Million in a Funding Round round on September 27, 2022.
What does Sandstorm Gold Ltd do?
Sandstorm Gold Ltd. is a gold streaming and royalty company.
Where is Sandstorm Gold Ltd based and how big is it?
Sandstorm Gold Ltd is based in Vancouver, British Columbia, Canada.

Source: Fundz verified event record.

Who else raised in Mining and Mineral around the same time

Companies in the same sectors as Sandstorm Gold Ltd that raised within 45 days of this round, from Fundz verified event records.

  • Vizsla Silver Corp raised $20M (Funding Round) on November 7, 2022.
  • Granite Creek Copper Ltd raised an undisclosed amount (Post-IPO Equity) on October 5, 2022.
  • Outcrop Silver & Gold Corporation raised $191K (Seed) on September 22, 2022.
  • Silver Spruce Resources raised $23K (Pre-Seed) on September 15, 2022.
  • Barsele Gold Project raised $69K on August 23, 2022.
  • 55 North Mining raised an undisclosed amount (Post-IPO Equity) on November 3, 2022.

Who to call at Sandstorm Gold Ltd, and when

A new round usually means Sandstorm Gold Ltd is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sandstorm Gold Ltd raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sandstorm Gold Ltd, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Sandstorm Gold Ltd. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Sandstorm Gold Ltd

Location

Vancouver, British Columbia, Canada

About

Sandstorm Gold Ltd. is a gold streaming and royalty company. It provides upfront financing to mining companies in exchange for a percentage of the mineral production. Sandstorm aims to acquire high-quality assets in the mining industry. The company operates internationally with a focus on long-term growth.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Sandstorm Gold Ltd raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Sandstorm Gold Ltd's next move

See what Strategic adds

Sandstorm Gold Ltd raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.