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.

Royal Gold Inc. has completed the acquisitions of Sandstorm Gold Ltd. and Horizon Copper Corp., expanding its portfolio with a significant number of precious metal stream and royalty interests. As part of the transaction, Royal Gold issued approximately 18.6 million shares of common stock to Sandstorm shareholders, increasing its total outstanding shares to about 84.4 million. Following the completion of these acquisitions, Sandstorm’s and Horizon’s common shares have been delisted from their respective exchanges. Royal Gold’s management highlighted that these newly acquired interests strengthen the company’s position as a leading North American precious metals streaming and royalty company with enhanced diversification and growth potential. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Royal Gold Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251019709293) on October 20, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)