Closing is subject to regulatory approval, and is anticipated to occur within five business days. The private placement will consist of 6,666,667 units at $0.075, with each unit consisting of one common share and one warrant. Each warrant will be exercisable at $0.15 into one common share for a period of five years. No commissions or finder's fees are payable on the private placement. On closing Sandstorm will own approximately 6.8% of Condor's issued capital. The package of assets in the Royalty Sale includes the grant of a 0.5% NSR on Condor's Pucamayo, San Martin, Quriurqu, Humaya, Quilisane, and small business startup financing Huinac Punta projects, the sale of 50% of Condor's production royalties on the Chavin and Lucero projects, and the assignment of the royalty buyback rights on the Ocros concessions, and the Pucamayo 14 concession (in both cases, a 1% NSR). Proceeds from the private placement and the Royalty Sale will be used for exploration and general corporate purposes. Co

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