Royal Gold to acquire Sandstorm Gold for $3.5bn.

Royal Gold, a company specializing in acquiring and managing precious metal streams and royalties, agreed to acquire Sandstorm Gold, a precious metals royalty and streaming company, for $3.5bn. "Today is a significant milestone for Sandstorm and its shareholders, marking the beginning of an exciting new chapter. Over the past 15 years, we've built a company that has not only delivered consistent growth and value but has helped shape the royalty sector through innovation. This transaction rewards Sandstorm shareholders in the near term while also offering a compelling opportunity to own a large-scale, world-class streaming and royalty company with continued upside potential," Nolan Watson, Sandstorm President and CEO.