On October 31, 2023, Regal Resources Royalties Fund, announced that they invested US$17.5M in equity in Sandbox Royalties Corp., along with a US$22.5m co-investment with Sandbox in a syndicated gold stream on Equinox Gold’s flagship Greenstone gold mine. The total deal value of this transaction amounts to US$40M.
Regal Resources Royalties Fund is a mining private equity fund based in Sydney, Australia.
Sandbox Royalties Corp. operates as a Canadian mineral royalty company.
Osler, Hoskin & Harcourt LLP advised Regal Resources Royalties Fund with a team consisting of Alan Hutchison, Patrick Sullivan, Lauren Sutherland and Nicole Ladeur (Corporate).