Royal Gold Completes Acquisitions of Sandstorm Gold and Horizon Copper

Reuters
2025.10.20 11:30
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Royal Gold Inc. has completed the acquisitions of Sandstorm Gold Ltd. and Horizon Copper Corp., enhancing its portfolio with precious metal stream and royalty interests. The company issued approximately 18.6 million shares to Sandstorm shareholders, raising its total shares to about 84.4 million. Following the acquisitions, Sandstorm’s and Horizon’s shares have been delisted. Royal Gold's management emphasized that these acquisitions strengthen its position as a leading North American precious metals streaming and royalty company, offering enhanced diversification and growth potential.