Premier Royalty Announces Completion of Arrangement With Sandstorm Gold

Premier Royalty Announces Completion of Arrangement With Sandstorm Gold 
TORONTO, ONTARIO -- (Marketwired) -- 10/04/13 -- PREMIER ROYALTY INC.
(TSX:NSR) ("Premier Royalty" or the "Company") is pleased to announce
today the completion of the previously announced plan of arrangement
(the "Arrangement") under Section 182 of the Business Corporations
Act (Ontario) pursuant to which Sandstorm Gold Ltd. ("Sandstorm")
acquired 100% of the outstanding common shares of Premier Royalty
("Premier Shares"), other than the Premier Shares currently owned by
Sandstorm.  
Under the Arrangement, Premier Royalty shareholders are entitled to
receive common shares of Sandstorm (the "Sandstorm Shares") on the
basis of 0.145 of a Sandstorm Share for each Premier Share held. Each
holder of warrants or options of Premier Royalty outstanding
immediately prior to the effective time of the Arrangement are
entitled to receive 0.145 of a Sandstorm Share on subsequent exercise
of such warrant or option, as applicable, for the same aggregate
consideration payable for such warrant or option. Shareholders of
Premier Royalty voted overwhelmingly in favour of the transaction at
the special meeting of shareholders held on September 30, 2013 and
Premier Royalty received final court approval on October 3, 2013. For
further details of the Arrangement, see Premier Royalty's press
release dated August 14, 2013. 
In connection with the Arrangement, Premier Royalty has applied for
the delisting of the Premier Shares from the Toronto Stock Exchange
and will apply to the applicable securities regulatory authorities
for an exemption from certain requirements applicable to reporting
issuers under Canadian securities laws. 
In order to receive Sandstorm Shares, registered holders of Premier
Shares must deliver a properly completed letter of transmittal (the
"Letter of Transmittal") and certificate(s) representing their
Premier Shares, along with any other required documents, to
Computershare Investor Services Inc. ("Computershare") at the address
specified in the Letter of Transmittal. The Letter of Transmittal was
mailed to the registered shareholders of Premier Royalty along with
the management information circular dated September 9, 2013 (the
"Circular") and is also available under Premier Royalty's profil
e on
SEDAR at www.sedar.com or by contacting Computershare directly. The
Letter of Transmittal is for use by registered holders of Premier
Shares only and is not to be used by non-registered beneficial
holders of Premier Shares (the "Beneficial Shareholders"). A
Beneficial Shareholder does not hold Premier Shares in its own name
and such shares are held by an intermediary. Beneficial Shareholders
should contact their intermediary for instructions and assistance in
delivering certificates representing Premier Shares and receiving the
Sandstorm Shares for such Premier Shares.  
About Premier Royalty Inc. 
With a current cash balance of $31.8 million, the Company is well
positioned for accretive growth. Premier Royalty's current royalty
portfolio also features cash flow from several producing gold mines
including: 


 
--  1.5% NSR on the Emigrant Springs Mine operated by Newmont on the Carlin
    Trend in Nevada, USA 
--  1% NSR on the Thunder Creek Deposit of the Timmins West Mine operated by
    Lake Shore Gold Mines in Timmins, Canada 
--  1% NSR on the Mine Waste Solutions (MWS) tailings processing facility
    operated by AngloGold Ashanti near Johannesburg, South Africa 
--  1% NSR on the Gualcamayo Mine operated by Yamana Gold Inc. in San Juan
    Province, Argentina 
--  1.5% NSR on the San Andres Mine in Honduras and the Sao Vicente and Sao
    Francisco Mines in Brazil, operated by Aura Minerals Inc. 

 
Premier Royalty Inc. also has a number of other promising earlier
stage exploration and development royalties in its growth pipeline
and is actively assessing other potential royalty acquisitions and
corporate development opportunities in stable jurisdictions 
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news
release includes certain information that may constitute
"forward-looking information" under applicable Canadian securities
legislation. Forward-looking information includes, but is not limited
to, information relating to the business and future activities of
Premier Royalty. Forward-looking information is necessarily based
upon a number of estimates and assumptions that, while considered
reasonable, are subject to known and unknown risks, uncertainties,
and other factors which may cause the actual results and future
events to differ materially from those expressed or implied by such
forward-looking information, including the risks identified in
Premier Royalty's annual information form dated March 28, 2013. There
can be no assurance that such information will prove to be accurate,
as actual results and future events could differ materially from
those anticipated in such information. Accordingly, readers should
not place undue reliance on forward-looking information. All
forward-looking information contained in this press release is given
as of the date hereof and is based upon the opinions and estimates of
management and information available to management as at the date
hereof. Premier Royalty disclaims any intention or obligation to
update or revise any forward-looking information, whether as a result
of new information, future events or otherwise, except as required by
law.
Contacts:
Premier Royalty Inc.
Abraham Drost, P.Geo.
President & CEO
807-476-2401 
Premier Royalty Inc.
Nicole Marchand
Investor Relations
416-428-3533
info@premierroyalty.com
www.premierroyalty.com