Sandbox royalties and b2gold partner to create versamet royalties

Vancouver, british columbia--(newsfile corp. - june 6, 2024) - sandbox royalties corp. ("sandbox") has entered into a definitive purchase and sale agreement (the "agreement") with b2gold corp. ("b2gold"), pursuant to which it has agreed to acquire a portfolio of 10 royalties (the "b2gold royalty portfolio") from b2gold in exchange for approximately us$90 million in share consideration (the "transaction"). (1) in connection with the transaction, sandbox has agreed to issue approximately 153.2 million common shares to b2gold at a price of c$0.80/share.
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