Canadian Warrants

Address: 1050 - 625 Howe Street
Vancouver BC V6C 2T6
Phone: 604 689 0234
Fax: 604 688 0094
Website: http://www.sandstormresources.com

Warrant Symbol - SND.WT
Number Trading - 111.15 million
Expiration Date - December 23, 2012
Cusip - 80013L 12 6
Exercise Price - $0.70 US

Warrants called to trade news:

Sandstorm Metals lists 111.15 million warrants

2011-01-24 14:28 MT - Warrants Called to Trade
Effective at the opening Jan. 25, 2011, the warrants of Sandstorm Metals & Energy Ltd. will commence trading on the TSX Venture Exchange. The company is classified as a junior natural resources -- mining company.

Corporate jurisdiction: British Columbia

Capitalization: 127,822,500 warrants with no par value of which 111.15 million warrants are issued and outstanding

Transfer agent: Computershare Trust Company of Canada

Trading symbol: SND.WT
Cusip No.: 80013L 12 6

The warrants were issued pursuant to a private placement of 222.3 million special warrants, as disclosed in the bulletin dated Dec. 23, 2010. Each special warrant was converted into one common share and one-half of one share purchase warrant. Each full warrant is exercisable into one common share at 70 U.S. cents per share and will expire on Sunday, December 23, 2012.