Canada’s Sandstorm Gold (NYSE, TSX: SAND) is growing in scale and size with the acquisitions of one royalty company and an extensive package from another for a combined total of $1.1 billion.
The company said on Monday it had agreed to buy Nomad Royalty in an all-share transaction valued at $590 million (C$755m) and agreed to acquire nine royalties and one stream from BaseCore Metals for $525 million in cash and stock.