At the special meeting of holders of common shares of Premier Royalty Inc. held on Sept. 30, 2013, the shareholders overwhelmingly approved the previously announced plan of arrangement, whereby Sandstorm Gold Ltd. will acquire all of the outstanding common shares of Premier Royalty not held by Sandstorm or its affiliates. The resolution approving the arrangement was approved by 99.95 per cent of the votes cast by shareholders present in person or represented by proxy at the meeting, and by 99.8 per cent of the votes cast by disinterested shareholders present in person or represented by proxy at the meeting.

The arrangement remains subject to, among other things, the final approval of the Ontario Superior Court of Justice. The hearing for the final court order to approve the arrangement is scheduled to take place on Oct. 3, 2013, with the effective date of the arrangement expected to occur on or about Oct. 4, 2013.

Full details regarding the terms of the arrangement are set out in the management information circular of Premier Royalty dated Aug. 30, 2013, which is available on SEDAR. Further details of the arrangement are disclosed in the Aug. 14, 2013, news release also available on SEDAR.

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