welcoming our newest team member

Dear shareholders,

I am very pleased to report that John Armstrong has agreed to take on the role of Chief Executive Officer of Sandbox Royalties.

John is a proven leader with deep knowledge and relationships across the mining sector and a unique combination of leadership, strategic, capital market and transactional experience. His full bio is below.

In connection with John taking on the role of CEO, I have transitioned to the role of Chairman of Sandbox Royalties. In my role as Chairman of Sandbox and President and CEO of Equinox Gold, I am looking forward to working with John and our fellow founder and major Sandbox shareholder, Sandstorm Gold Royalties, to build Sandbox into a leading diversified metals royalty company.

There are great things to come at Sandbox and I appreciate your support to date.

Should any shareholder want to discuss this further, please reach out to me or to John. John can be reached by phone at (647) 205-6575 or by email at john@sandboxroyalties.com.

Best,

Greg Smith
Chairman
Sandbox Royalties Corp.