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Sandstorm leads royalty space into ESG funding

Sandstorm Gold has increased its revolving credit facility by 55% allowing it to borrow up to US$350 million, with sustainability-linked performance targets, which it says is a first in the royalty space.

Sandstorm leads royalty space into ESG funding Sandstorm leads royalty space into ESG funding Sandstorm leads royalty space into ESG funding Sandstorm leads royalty space into ESG funding Sandstorm leads royalty space into ESG funding

Sandstorm gets ESG-linked revolver

The amounts drawn on the four-year term revolver are subject to interest at LIBOR plus 1.875%-3% per annum, with the undrawn portion subject to a standby fee of 0.422%-0.

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