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

We are excited to announce US$20 million in growth financing to Sandbox Royalties, comprised of US$16 million in convertible debt and US$4 million in equity.

The proceeds will be used to fund the acquisition of three royalty and streaming assets on high-quality, in-construction mining projects. These acquisitions will drive significant revenue growth and transform Sandbox’s diversified royalty portfolio.

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

About Sandbox Royalties

Sandbox Royalties was founded in 2022 by two industry leaders—Sandstorm Gold Royalties and Equinox Gold with the vision to build a leading diversified metals royalty company that creates value for all stakeholders, supports industrial growth and promotes sustainability.

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.