Transactions April 23, 2009

Sandstorm Resources Ltd. Completes $46.8 Million Offering

On April 23, 2009, Sandstorm Resources Ltd. completed a best efforts prospectus offering of subscription receipts for gross proceeds of $46.8 million. The subscription receipts were sold through a syndicate of agents co-led by Paradigm Capital Inc. and GMP Securities L.P., and including BMO Capital Markets and National Bank Financial Inc.

Wildeboer Dellelce LLP acted for the agents in connection with the offering, with a team that included Derek Sigel, Sanjeev Patel, Alexandra Vazquez (Securities) and Kevin Fritz, Andrea Shreeram (Tax).

Wildeboer Dellelce LLP