2013-05-10 16:11 ET - News Release
Mr. Nolan Watson reports.
SANDSTORM METALS & ENERGY ANNOUNCES APPROVAL AND EFFECTIVE DATE OF SHARE CONSOLIDATION

Sandstorm Metals & Energy Ltd.'s shareholders have approved the proposed 1-for-10 consolidation of the company's common shares. The shareholders voted in favour of the consolidation at the shareholders meeting held today.

The company will give effect to the consolidation at 12:01 a.m., Wednesday, May 15, 2013. The company's postconsolidation common shares will be posted for trading on the TSX Venture Exchange at the opening on Wednesday, May 15, 2013, under the current symbol SND and the new Cusip No. 80013L308.

The 333,360,280 common shares issued and outstanding prior to the consolidation will be consolidated to approximately 33,336,028 common shares. If, as a result of the consolidation, a shareholder would otherwise be entitled to a fraction of a postconsolidation common share, the number of postconsolidation common shares will be rounded to the nearest whole number. The company's currently outstanding stock options and restricted share rights will be adjusted on the same basis with proportionate adjustments being made to the stock option exercise prices.

Sandstorm will mail letters of transmittal to the registered holders of its common shares, requesting that they forward their preconsolidation common share certificates to the company's transfer agent, Computershare Investor Services Inc., for exchange for new common share certificates representing their common shares on a postconsolidation basis.

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Sandstorm Metals & Energy Ltd. n/a n/a
Most Recent Trades Yesterday Vol. 330.200
Time Price Change #Shares Buyer Seller
15:59:59 0.33 -0.01 3,000 1 Anonymous 7 TD Sec
15:16:29 0.32 -0.02 5,500 7 TD Sec 85 Scotia


SANDSTORM GOLD RELEASES VOTING RESULTS FROM ANNUAL AND SPECIAL MEETING
The annual and special meeting of shareholders of Sandstorm Gold Ltd. was held May 10 in Vancouver, B.C., at which 38.5 per cent of the issued shares were represented. Shareholders voted in favour of all resolutions presented, including the re-election of all director nominees, namely Nolan Watson, David Awram, David De Witt, Andrew Swarthout and John Budreski.

Detailed voting results for the meeting will be available on SEDAR.