Sandstorm Gold Announces the Appointment of Erfan Kazemi as Chief Financial Officer

Sandstorm Gold Ltd. ("Sandstorm" or the "Company") (TSX-V: SSL) is pleased to announce the appointment of Erfan Kazemi as Chief Financial Officer.

Mr. Kazemi is a former Senior Manager with PricewaterhouseCoopers. In that role, he worked primarily in the mining and forestry sectors where he assisted clients in areas such as public financings, mergers and acquisitions, US/SEC securities filings, and various other areas. He has managed the audits of billion dollar multinational entities and also co-authored several publications including the annual BC Mining Industry Survey. Mr. Kazemi articled with PricewaterhouseCoopers where he obtained the Chartered Accountant designation and is a graduate of the University of British Columbia where he received a Bachelor of Science (Mathematics).

In the Community, Mr. Kazemi serves as Vice-Chair of the Vancouver Public Library Board, is an officer of the Vancouver Branch of the Canadian Institute of Mining, Metallurgy and Petroleum and is a former member of the University Of British Columbia Board of Governors. He has received numerous awards including the Institute of Chartered Accountants of British Columbia's Community Service Award and the University of British Columbia Alumni Association's Outstanding Future Alumnus Award.

"We are thrilled to have someone of Erfan's calibre join the Sandstorm team," said President and CEO Nolan Watson. "He is an exceptional addition to an already dynamic and talented team who are excited to continue to grow the company."

Krysta Rehaag, who has been a consultant to the Company and served as part-time CFO, has been hired on a full-time basis as Sandstorm's Corporate Treasurer.

In addition, Sandstorm's board of directors has approved the issuance of 455,000 stock options. The options will have a five year term and will be issued after market close on August 25, 2011, with an exercise price based on the closing price on that day. The stock options are being granted pursuant to Sandstorm's stock option plan and will be issued to new employees and an officer of the Company.

ABOUT SANDSTORM GOLD

Sandstorm Gold Ltd. is a growth focused resource based company that seeks to complete gold purchase agreements with companies that have advanced stage development projects or operating mines. A gold purchase agreement involves Sandstorm making an upfront cash payment to its partners and in exchange, Sandstorm receives the right to purchase a percentage of the gold produced for the life of the mine, at a fixed price per ounce. Sandstorm helps other companies in the resource industry grow their business, while acquiring attractive assets in the process.

Sandstorm is focused on low cost operations with excellent exploration potential and strong management teams. Sandstorm has completed gold purchase agreements with Luna Gold Corp., SilverCrest Mines Inc., Santa Fe Gold Corp., Rambler Metals and Mining plc, Brigus Gold Corp., Metanor Resources Inc. and Donner Metals Ltd.

For more information visit: http://www.sandstormgold.com.