SND Sandstorm Metals And Energy Ltd

Sandstorm Metals & Energy Ltd. ("Sandstorm" or the "Company") (TSX VENTURE:SND)
is pleased to announce that Thunderbird Energy Corp. ("Thunderbird") (TSX
VENTURE:TBD) has substantially completed the infrastructure build-out at the
Gordon Creek property located in Utah, USA. The well sites are prepared and
equipped and the process of bringing the first 8 wells online has begun through
Thunderbird's upgraded compression facility. Although issues with certain
suppliers have caused minor delays in recent weeks, Thunderbird and Sandstorm
are encouraged by the progress of the operations and anticipate providing a
further update in December once all of the wells are online and initial
production rates have begun to stabilize. 


Thunderbird has also acquired four sections of new mineral leases in the Gordon
Creek area representing a 20% increase in the Gordon Creek land position. This
new acreage adds up to 18 new locations and brings the undrilled location
inventory to approximately 85 (based on a 4 well per section density). Of the 85
locations, 47 are surveyed and in the advanced stages of surface acquisitions,
permitting and licensing. 


Sandstorm has a natural gas stream agreement with Thunderbird to purchase 35% of
all natural gas produced from the first 50 wells drilled at Gordon Creek with an
option to participate in additional wells. Sandstorm will purchase the natural
gas at US$1.00 per Mcf of gas delivered plus 20% of the market price received
above US$4.00 per Mcf.


ABOUT SANDSTORM METALS & ENERGY

Sandstorm Metals & Energy Ltd. is the world's first diversified streaming
company. Sandstorm provides upfront financing to resource companies that are
looking for capital and in return, receives a commodity streaming agreement.
This agreement gives Sandstorm the right to purchase a percentage of the
commodity produced, for the life of the asset, at a fixed price. Sandstorm has
acquired a portfolio of seven commodity streams in copper, palladium, oil,
natural gas and coal. Sandstorm plans to grow its production base through the
acquisition of additional commodity streams.


Sandstorm Metals & Energy is focused on low cost operations with excellent
exploration potential and strong management teams. Sandstorm has completed
commodity purchase agreements with Colossus Minerals Inc., Donner Metals Ltd.,
Novadx Ventures Corp., Terrex Energy Inc., and Thunderbird Energy Corp. 


For more information visit: www.sandstormmetalsandenergy.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

Except for the statements of historical fact contained herein, the information
presented constitutes "forward-looking information" or "forward-looking
statements" within the meaning of applicable Canadian securities legislation.
Forward-looking statements can generally be identified by the use of
forward-looking terminology such as "may", "will", "expect", "intend",
"estimate", "anticipate", "believe", "continue", "plans", or similar
terminology. Forward-looking information is based on reasonable assumptions that
have been made by Sandstorm as at the date of such information and is subject to
known and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of Sandstorm to
be materially different from those expressed or implied by the forward-looking
information, including but not limited to: the impact of general business and
economic conditions; the absence of control over operations from which Sandstorm
will purchase commodities and risks related to those operations, including risks
related to international operations, government and environmental regulation,
actual results of current exploration activities, conclusions of economic
evaluations and changes in project parameters as plans continue to be refined;
problems inherent to the marketability of commodities; industry conditions,
including fluctuations in the price of commodities, fluctuations in foreign
exchange rates and fluctuations in interest rates; stock market volatility;
competition; as well as those factors discussed in the section entitled "Risks
to Sandstorm" in Sandstorm's annual report for the financial year ended December
31, 2011. Although Sandstorm has attempted to identify important factors that
could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. 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.
Sandstorm does not undertake to update any forward-looking information that is
contained or incorporated by reference herein, except in accordance with
applicable securities laws. Sandstorm does not provide any representation as to
its comparability with other companies in its industry including, but not
limited to, Franco-Nevada Corporation, BHP Billiton and Rio Tinto.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sandstorm Metals & Energy Ltd.
Nolan Watson
President & Chief Executive Officer
(604) 689-0234


Sandstorm Metals & Energy Ltd.
Denver Harris
Investor Relations Contact
(604) 628-1178
www.sandstormmetalsandenergy.com

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