<SEC-DOCUMENT>0001279569-15-001123.txt : 20150522
<SEC-HEADER>0001279569-15-001123.hdr.sgml : 20150522
<ACCEPTANCE-DATETIME>20150522164926
ACCESSION NUMBER:		0001279569-15-001123
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20150522
FILED AS OF DATE:		20150522
DATE AS OF CHANGE:		20150522

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SANDSTORM GOLD LTD
		CENTRAL INDEX KEY:			0001434614
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35617
		FILM NUMBER:		15887215

	BUSINESS ADDRESS:	
		STREET 1:		1400-400 BURRARD STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 3A6
		BUSINESS PHONE:		604-689-0234

	MAIL ADDRESS:	
		STREET 1:		1400-400 BURRARD STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 3A6

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SANDSTORM RESOURCES LTD
		DATE OF NAME CHANGE:	20080507
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>sandstorm6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE
COMMISSION</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 18pt"><B>FORM 6-K</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B></B></P>

<P STYLE="text-align: center; text-indent: 0pt; margin-right: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif"><B>REPORT
OF FOREIGN PRIVATE ISSUER</B><BR>
<B>PURSUANT TO RULE 13A-16 OR 15D-16</B><BR>
<B>OF THE SECURITIES EXCHANGE ACT OF 1934&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>For the month of  May,
2015</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Commission File Number: <B>001-35617</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="text-align: center; text-indent: 0pt; margin-right: 0; margin-left: 0; font: 18pt Times New Roman, Times, Serif"><B>Sandstorm
Gold Ltd.</B><BR>
<FONT STYLE="font-size: 10pt">(Translation of registrant&rsquo;s name into English)</FONT></P>



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<P STYLE="text-align: center; text-indent: 0pt; margin-right: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif"><B>Suite
1400 - 400 Burrard Street</B><BR>
<B>Vancouver, British Columbia</B><BR>
<B>V6C 3A6 Canada</B><BR>
</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address of principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<P STYLE="text-align: left; text-indent: 0pt; margin-right: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif">Indicate
by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 9pt; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; width: 24%; font-size: 10pt; text-indent: 0pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Form
20-F </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744;</FONT></TD>
    <TD STYLE="text-align: left; width: 76%; font-size: 10pt; text-indent: 0pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Form
40-F </FONT>&#9746;</TD></TR>
</TABLE>
<P STYLE="text-align: justify; text-indent: 0pt; margin-right: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;<BR>
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): &#9744;<BR></FONT></P>

<P STYLE="text-align: left; text-indent: 0pt; margin-right: 0; margin-left: 0; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): &nbsp;&#9744;<BR></FONT></P>

<P STYLE="text-align: left; text-indent: 0pt; margin-right: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">Indicate
by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.<BR>
&nbsp;</FONT></P>

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    <TD STYLE="text-align: left; width: 24%; text-indent: 0pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Yes &#9744;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></TD>
    <TD STYLE="text-align: left; width: 76%; text-indent: 0pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">No </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9746;</FONT></TD></TR>
</TABLE>
<P STYLE="text-align: justify; text-indent: 0pt; margin-right: 0; margin-left: 0">&nbsp;<BR>
If &ldquo;Yes&rdquo; is marked, indicate
below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-</P>



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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 23pt">&nbsp;</P>

<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="width: 8%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt; line-height: 115%">Exhibit</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="width: 91%; border-bottom: black 1.5pt solid"><FONT STYLE="font-size: 10pt; line-height: 115%">Description of Exhibit</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt; line-height: 115%">99.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top"> Report on Voting Results</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt; line-height: 115%"><B>SANDSTORM GOLD
    LTD.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt; line-height: 115%"></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 44%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; line-height: 115%">Date:  May 22, 2015</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; line-height: 115%">By: &nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid"><FONT STYLE="font-size: 10pt; line-height: 115%">/s/&nbsp;Erfan Kazemi</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; line-height: 115%">Name: Erfan Kazemi</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; line-height: 115%">Title:&nbsp;&nbsp; Chief Financial Officer</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>



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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex991.htm
<DESCRIPTION>REPORT ON VOTING RESULTS
<TEXT>
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<P STYLE="margin: 0; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Exhibit 99.1</B></FONT></P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 0"></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 0"></P>

<P STYLE="font: 16pt/normal Calibri,sans-serif; margin: 0; text-align: center"><B>SANDSTORM GOLD LTD.</B></P>

<P STYLE="font: 11pt/normal Calibri,sans-serif; margin: 0; text-align: center">(the<B> &ldquo;Company&rdquo;</B>)</P>

<P STYLE="font: 11pt/normal Calibri,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt/normal Calibri,sans-serif; margin: 0; text-align: center"><B>REPORT ON VOTING RESULTS</B></P>

<P STYLE="font: 10pt/normal Calibri,sans-serif; margin: 0; text-align: center">(Pursuant to Section 11.3 of National Instrument</P>

<P STYLE="font: 10pt/normal Calibri,sans-serif; margin: 0; text-align: center; text-indent: 0.5in">51-102 - Continuous Disclosure
Obligations)</P>

<P STYLE="font: 12pt/normal Calibri,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Calibri,sans-serif; margin: 0; text-align: justify">The following is the <B>Report on Voting Results</B>
for the Annual General Meeting of Shareholders of the Company held on Friday, <U>May 22, 2015</U>. All matters placed before the
shareholders for consideration were approved.</P>

<P STYLE="font: 11pt/normal Calibri,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #BFBFBF">
    <TD STYLE="border: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>MATTER VOTED UPON</B></TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>VOTING RESULTS</B></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>OUTCOME OF VOTE</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 47%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; border-right: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>FOR</B></TD>
    <TD STYLE="width: 18%; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; border-right: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>AGAINST</B></TD>
    <TD STYLE="width: 17%; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; border-right: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-left: 15.85pt; text-align: justify; text-indent: -15.85pt"><FONT STYLE="font-size: 10pt">1.&#9;To fix the number of Directors at six (6).</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">70,538,502</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(99.6%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">315,427</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(0.4%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Carried</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-left: 15.85pt; text-align: justify; text-indent: -14.15pt"><FONT STYLE="font-size: 10pt">2.&#9;<B>Election of Directors:</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; background-color: #D9D9D9; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>FOR</B></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; background-color: #D9D9D9; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>WITHHELD</B></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; background-color: #D9D9D9; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-left: 37.15pt; text-align: justify; text-indent: -35.45pt"><FONT STYLE="font-size: 10pt">&#9;Nolan Watson</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">43,380,368</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(99%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">444,535</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(1%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Carried</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-left: 37.15pt; text-align: justify; text-indent: -35.45pt"><FONT STYLE="font-size: 10pt">&#9;David Awram</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">43,384,342</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(99%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">440,563</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(1%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Carried</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-left: 37.15pt; text-align: justify; text-indent: -35.45pt"><FONT STYLE="font-size: 10pt">&#9;David E. De Witt</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">34,567,683</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(79%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">9,257,222</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(21%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Carried</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-left: 37.15pt; text-align: justify; text-indent: -35.45pt"><FONT STYLE="font-size: 10pt">&#9;Andrew T. Swarthout</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">34,604,402</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(79%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">9,220,502</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(21%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Carried</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-left: 37.15pt; text-align: justify; text-indent: -35.45pt"><FONT STYLE="font-size: 10pt">&#9;John P.A. Budreski</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">34,985,914</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(80%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">8,838,991</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(20%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Carried</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-left: 37.15pt; text-align: justify; text-indent: -35.45pt"><FONT STYLE="font-size: 10pt">&#9;Mary L. Little</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">43,361,778</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(99%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">463,127</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(1%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Carried</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-left: 22.95pt; text-align: justify; text-indent: -22.95pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; background-color: #D9D9D9; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>FOR</B></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; background-color: #D9D9D9; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>WITHHELD</B></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; background-color: #D9D9D9; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-left: 15.9pt; text-indent: -15.9pt"><FONT STYLE="font-size: 10pt">3.&#9;Appointment of Deloitte LLP as Auditors of the Company for the ensuing year and authorizing the Directors to fix their remuneration.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">71,101,547</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(99%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">615,840</P>
        <P STYLE="font: 11pt/normal Calibri,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center">(1%)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 11pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Carried</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt/115% Calibri,sans-serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD></TR>
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<P STYLE="font: 11pt/115% Calibri,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 0">DATED at Vancouver,
British Columbia, this 22<SUP>nd</SUP> day of May, 2015.</P>

<P STYLE="font: 11pt/115% Calibri,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 0"><B>SANDSTORM GOLD LTD.</B></P>

<P STYLE="font: 11pt/115% Calibri,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 0"><B></B></P>

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    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; line-height: 115%; font-family: Calibri,sans-serif">Per:</TD>
    <TD STYLE="width: 94%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; line-height: 115%; font-family: Calibri,sans-serif; text-align: justify"><U>&ldquo;Christine Gregory&rdquo;</U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; line-height: 115%; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; line-height: 115%; font-family: Calibri,sans-serif">Christine Gregory</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; line-height: 115%; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; line-height: 115%; font-family: Calibri,sans-serif">Corporate Secretary</TD></TR>
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