31 10, 2023

Beedie Capital Announces US$20M Growth Financing for Sandbox Royalties

Beedie Capital is pleased to announce US$20 million in growth financing to Sandbox Royalties, comprising US$16 million in convertible debt and US$4 million in equity. The capital will fund the acquisition of three royalty and streaming assets on high-quality, in-construction mining projects, supporting portfolio growth.

For more information on the transaction, please see the press release here.

About Sandbox Royalties

Founded in 2022 by Sandstorm Gold Royalties and Equinox Gold, Sandbox Royalties is a diversified metals royalty company focused on creating value for stakeholders while supporting sustainable industrial development.

For further information, please visit their website.

About Beedie Capital

Beedie Capital is a multi-strategy direct investment platform that manages the alternative investments for Beedie, one of the largest private companies in Western Canada. It deploys capital using a flexible, evergreen mandate, and applies a highly agnostic approach to the duration, structure and size of its investments. Beedie Capital combines the strategic capabilities of an institutional investment platform with the flexibility and entrepreneurial mindset of a privately owned business. Beedie Capital invests in any sector, with a core focus on Metals and Mining, Technology and Tech-enabled Services, and seeks to grow its invested capital alongside the enterprise value of its investments.