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Sandstorm Gold Royalties Provides Asset Update, Reports 85.3 Metres of 84.3 g/t Gold and 6.8% Copper at Hod Maden Main Zone

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Sandstorm Gold Ltd. (Sandstorm Gold Royalties, Sandstorm or the Company) (NYSE: SAND, TSX: SSL) is pleased to provide an asset update and announce the Company has filed the prospectus supplement for the previously announced at-the-market equity program.

Hod Maden Drill Results

Recent infill drill results have been reported by Lidya Madencilik San. ve Tic. A.S. (Lidya), Sandstorms 70% partner at Hod Maden. A total of 2,864 metres in 24 drill holes have been completed in 2020 and once travel and work restrictions are lifted in Turkey, Lidya plans on continued infill, geotechnical, hydrological and exploration drilling on the project.

Highlighted drill results include:

  • HTG-002: 85.3 metres at 84.3 grams per tonne (g/t) gold and 6.8% copper from 19.0 metres, (using a 2.4 g/t cut-off grade, uncut) including:
    • 32.0 metres at 209.4 g/t gold and 7.4% copper from 19.0 metres (using a 100 g/t cut-off grade, uncut); or
    • 32.0 metres at 164.5 g/t gold and 7.4% copper (using a top-cut grade of 240 g/t); and
  • HTG-003: 169.3 metres of 39.0 g/t gold and 1.7% copper from 20.8 metres (cut-off grade 2.4 g/t, uncut), including:
    • 13.0 metres at 147.0 g/t gold and 2.0% copper from 63.0 metres.

Drill holes HTG-002 and HTG-003 are infill drill holes within the main deposit at Hod Maden. The holes were drilled oblique to the strike, testing the continuity of the high-grade mineralization. Assay results show excellent, uniform grade distributions within the deposit, which has an estimated true thickness of about 65 meters.

For QA/QC information see the appendix of this news release. Sandstorm has a 30% interest and a 2% NSR royalty on the Hod Maden project.

Sandstorm Receives First Delivery From Relief Canyon

In May, Sandstorm received its first gold delivery from Americas Gold and Silver Corporation (Americas Gold) under the Relief Canyon stream agreement. Americas Gold announced that the Relief Canyon mine, which achieved first gold pour in mid-February 2020, expects to reach commercial production by the third quarter of 2020.

For more information, refer to www.americas-gold.com and see the press releases dated February 18, 2020 and May 4, 2020.

Under the terms of the stream agreement, Sandstorm is entitled to receive 32,022 ounces of gold over a 5.5 year period (the Fixed Deliveries). After the Fixed Deliveries, the Company is entitled to purchase 4.0% of the gold and silver produced at the Relief Canyon mine for the life of the mine and will pay Americas Silver 30%“65% of the spot price of gold and silver for each ounce of gold and silver delivered.

Equinox Gold Releases PEA for Underground Mine at Aurizona and Updates Mineral Resource and Mineral Reserve Estimates

Equinox Gold Corp. (Equinox Gold) announced a positive Preliminary Economic Assessment (PEA) for development of an underground mine at the Aurizona project in Brazil. The underground mine could be operated concurrently with the existing open-pit mine. The PEA outlines total underground production of 740,500 ounces of gold over a ten-year mine life. Production from the underground mine would provide 2,800 tonnes per day to be processed through the existing 8,000 tonnes per day plant and uses other existing surface infrastructure at site. The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves.

Equinox Gold intends to advance studies focused on underground development and expects to complete a Pre-Feasibility Study for the Piaba underground mine in 2021. They have commenced a 17,000 metre drill program aimed primarily at converting underground Inferred Resources to Indicated Resources in support of the Pre-Feasibility Study. Future drilling is planned to also target expansion of the Piaba underground deposit at depth and along strike.

Equinox Gold recently completed an updated Mineral Reserve and Mineral Resources estimates for the Aurizona mine. Exploration success offset 2019 mining depletion with Mineral Reserves largely unchanged at 19.8 million tonnes (Mt) grading 1.51 g/t gold for 958,000 ounces of contained gold, with Proven Reserves of 12.4 Mt grading 1.51 g/t gold and Probable Reserves of 7.4 Mt grading 1.51 g/t gold. The Mineral Reserve estimate has an effective date of December 31, 2019 based on a cut-off grade of 0.6 g/t gold for Piaba and Piaba East and 0.41 g/t gold for Boa Esperan§a.

The Aurizona Measured and Indicated Resources (exclusive of reserves) increased 22% to a total of 844,000 ounces of contained gold from 16.0 Mt grading 1.64 g/t gold, with Measured Resources of 2.7 Mt grading 1.25 g/t gold and Indicated Resources of 13.2 Mt grading 1.73 g/t gold. The increase was from exploration success at the Tatajuba deposit resulting in a maiden open pit Indicated Resource at Tatajuba of 2.1 Mt grading 1.62 g/t gold for 112,000 ounces of contained gold.

The Tatajuba Mineral Resource estimate has an effective date of January 24, 2020 and the Mineral Resources from the Piaba open-pit, Piaba underground and Boa Esperan§a have an effective date of December 31, 2019. The open-pit Mineral Resources are reported using a cut-off grade of 0.6 g/t gold and the underground Mineral Resources are reported using a cut-off grade of 1.0 g/t gold. The Tatajuba open-pit Mineral Resources were not included in the current Mineral Reserve update. A total of 6,662 metres of core were drilled in 2019 in the Tatajuba area, bringing the total to 14,072 metres in support of the maiden Mineral Resource estimate.

For more information visit the Equinox Gold website at www.equinoxgold.com and see the press releases dated May 7, 2020 and May 12, 2020.

Sandstorm has a 3.0%“5.0% sliding scale net smelter returns (NSR) royalty on the Aurizona project. At gold prices less than or equal to $1,500 per ounce, the royalty is a 3.0% NSR. At gold prices between $1,500 and $2,000 per ounce, the royalty is a 4% NSR. Above $2,000 per ounce, the royalty is a 5% NSR. In addition, Sandstorm holds a 2.0% NSR royalty on the Aurizona Greenfields property, a package of exploration ground adjacent to the Aurizona project.

Initiation of ATM Program

As previously announced, Sandstorm has established an at-the-market equity program (the ATM Program) that allows the Company to issue up to US$140 million (or the equivalent in Canadian dollars) of common shares (Common Shares) from treasury to the public from time to time, at the Companys discretion and subject to regulatory requirements.

Any Common Shares sold in the ATM Program will be sold by way of (i) ordinary brokers transactions that meet the definition of an at-the-market offering under the rules and regulations of the Securities and Exchange Commission (the SEC) under the Securities Act of 1933, as amended, (ii) ordinary brokers transactions that constitute an at-the-market distribution as described in Part 9 of National Instrument 44-102 “ Shelf Distributions and made in compliance with the exemptive relief decision dated April 22, 2020 obtained by the Company pursuant to National Policy 11-203 “ Process for Exemptive Relief Applications in Multiple Jurisdictions providing relief from certain Canadian securities laws with respect to the sale of the Common Shares in connection with the ATM Program, including, without limitation, sales made directly on the New York Stock Exchange and the Toronto Stock Exchange (the TSX), or any other Canadian marketplace or United States marketplace, or (iii) such other sales of Common Shares by an Agent (as defined herein) on behalf of the Company in its capacity as agent of the Company as shall be agreed by the Company and the applicable Agent in writing, at prevailing market prices. Since the Common Shares will be distributed at the prevailing market prices at the time of the sale, prices may vary among purchasers and during the period of distribution.

Sandstorm does not currently have any plans to use the ATM Program. Sandstorm intends to use the net proceeds from the ATM Program, if any, to finance future gold and other metal purchase agreements and the purchase of royalties and/or for other general corporate purposes, including the repayment of indebtedness.

Sales of Common Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated May 14, 2020 entered into among the Company, BMO Nesbitt Burns Inc., Scotiabank, National Bank Financial Inc., CIBC Capital Markets, RBC Dominion Securities Inc. and Cormark Securities Inc. (the Canadian Agents) and BMO Capital Markets Corp. and Scotiabank (the US Agents and, together with the Canadian Agents, the Agents). The ATM Program will be effective until the earliest of the date that all Common Shares available for issue under the ATM Program have been issued, May 20, 2022 or the ATM Program is terminated prior to such date by the Company or the Agents.

The ATM Program is being established pursuant to a prospectus supplement dated May 14, 2020 (the Canadian Prospectus Supplement) to the Companys Canadian base shelf prospectus dated April 20, 2020 (the Canadian Shelf Prospectus) filed with the securities commissions in each of the provinces and territories of Canada and pursuant to a prospectus supplement dated May 14, 2020 (the U.S. Prospectus Supplement) to the Companys U.S. base shelf prospectus dated April 20, 2020 (the U.S. Shelf Prospectus) included in its registration statement on Form F-10 (the Registration Statement) and filed with the SEC. Before you invest, you should read the Canadian Prospectus Supplement, the U.S. Prospectus Supplement, the Canadian Shelf Prospectus, the U.S. Shelf Prospectus and the Registration Statement, as applicable, and all other documents the Company has filed with the Canadian securities regulatory authorities and the SEC for more complete information about the Company and the ATM Program. The Canadian Prospectus Supplement and the Canadian Shelf Prospectus may be downloaded for free from SEDAR at www.sedar.com, and the U.S. Prospectus Supplement, the U.S. Shelf Prospectus and the Registration Statement are available for free via EDGAR on the SEC website at www.sec.gov.

Alternatively, any of the following Agents participating in the ATM Program will arrange to send you these documents if you request it by contacting (i) in Canada: BMO Nesbitt Burns Inc. by mail at Brampton Distribution Centre, 9195 Torbram Road, Brampton, Ontario, L6S 6H2, attn: The Data Group of Companies, by email at [email protected] or by telephone at 905-791-3151 ext. 4312, or Scotiabank by mail at Scotia Plaza, 62nd Floor, 40 King Street West, Toronto, Ontario M5H 3Y2, attn: Equity Capital Markets, by email at [email protected] or by telephone at 416-863-7704; and (ii) in the United States: BMO Capital Markets Corp. by mail at 3 Times Square, 25th Floor, New York, NY 10036, attn: Equity Syndicate, by email at [email protected] or by telephone at 800-414-3627, or Scotiabank by mail at 250 Vesey Street, 24th Floor, New York, New York, 10281, attn: Equity Capital Markets, by email at [email protected] or by telephone at 212-225-6853.

This news release does not constitute an offer to sell or the solicitation of an offer to buy the Common Shares, nor shall there be any sale of the Common Shares in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Appendix

Prospect

Hole ID

Hole Type

Max Depth

Dip

Azimuth

UTM Zone

Easting

Northing

Elevation

HOD MADEN

HTG-002

GEO

195

-68

15

37

740657.354

4542197.88

860.1

HOD MADEN

HTG-003

GEO

190.1

-73

210

37

740656.94

4542198.77

860.2

All drill hole assay data for Hod Maden was provided to Sandstorm from Lidya. Hod Maden mineralized intervals presented in this press release are drill intersection widths and may not represent true widths of mineralisation. Standard sampling protocol involved the halving of all drill core and sampling over generally 1 metre intervals in clearly mineralized sections or 2.0 metre intervals elsewhere, with one half of the core being placed in a sealed sample bag and dispatched to the analytical laboratory for analysis. Samples have been analysed at ALS Laboratories facility in Izmir, western Turkey. All samples have been analysed for gold using a 30 gram Fire Assay with AAS finish (or Screen Fire Assay for higher grade samples), in addition to a 32 element ICP-AES analysis of an aqua regia digest. Samples in which ICP analyses returned greater than the maximum detection limit for the elements Ag (10 ppm), Cu (10,000 ppm), Fe (15%), Pb (10,000 ppm), and Zn (10,000 ppm) were reanalysed using the AAS analytical technique. Standards and blanks were inserted into the analytical sequence on the basis of one standard for every 20 samples, 2 blanks in every batch, and one duplicate every 40 samples. The drill intercepts were calculated using the previously stated cut-off grades. Intercepts may include one sample interval of internal dilution and one interval of adjacent dilution.

QP

Qualified Person

Keith Laskowski (MSc), Sandstorms Vice President, Technical Services is a Qualified Professional (#01221QP) of the Mining and Metallurgical Society of America and a Qualified Person as defined by Canadian National Instrument 43-101. He has reviewed and approved the technical information in this press release.

 

CONTACT Information

For more information about Sandstorm Gold Royalties, please visit our website at www.sandstormgold.com or email us at [email protected].

ABOUT SANDSTORM GOLD ROYALTIES

Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. Sandstorm has acquired a portfolio of 191 royalties, of which 20 of the underlying mines are producing. Sandstorm plans to grow and diversify its low cost production profile through the acquisition of additional gold royalties. For more information visit: www.sandstormgold.com.

CAUTIONARY STATEMENTS TO U.S. SECURITYHOLDERS

The financial information included or incorporated by reference in this press release or the documents referenced herein has been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board, which differs from US generally accepted accounting principles (US GAAP) in certain material respects, and thus are not directly comparable to financial statements prepared in accordance with US GAAP.

Information contained or referenced in this press release or in the documents referenced herein concerning the properties, technical information and operations of Sandstorm has been prepared in accordance with requirements and standards under securities laws, which differ from the requirements of US securities laws. The terms mineral resource, measured mineral resource, indicated mineral resource and inferred mineral resource used in this or in the documents incorporated by reference herein are mining terms as defined in accordance with NI 43-101 under guidelines set out in the Definition Standards for Mineral Resources and Mineral Reserves adopted by the Canadian Institute of Mining, Metallurgy and Petroleum Council on 11 December 2005. While the terms mineral resource, measured mineral resource, indicated mineral resource and inferred mineral resource are recognized and required by securities laws other than the requirements of US securities laws, they are not recognized by the SEC. Disclosure of contained ounces are or may be permitted disclosure under regulations applicable to Sandstorm; however, the SEC normally only permits issuers to report resources as in place tonnage and grade without reference to unit of production measures. As such, certain information contained in this document or in the documents incorporated by reference herein concerning descriptions of mineralization and mineral resources under these standards may not be comparable to similar information made public by US companies subject to reporting and disclosure requirements of the SEC.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This press release contains “forward-looking statements”, within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Sandstorm. Forward-looking statements include, but are not limited to, the future price of gold, the estimation of mineral reserves and resources, realization of mineral reserve estimates, the timing and amount of future production, the offer and sale of Common Shares under the ATM Program, including the timing and amounts thereof, and the use of any proceeds from the ATM Program. 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 statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performances or achievements of Sandstorm to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Sandstorm will operate in the future, including the price of gold and anticipated costs. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, amongst others, changes in business plans and strategies, market conditions, share price, best use of available cash, gold and other commodity price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks relating to the parties which produce the gold Sandstorm will purchase, regulatory restrictions, activities by governmental authorities (including changes in taxation), currency fluctuations, the global economic climate, dilution, share price volatility and competition.

Forward-looking statements are subject to known and unknown risks, uncertainties and other important 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 such forward-looking statements, including but not limited to: the impact of general business and economic conditions, the absence of control over mining operations from which Sandstorm will purchase gold, other commodities or receive royalties from, and risks related to those mining 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, risks in the marketability of minerals, fluctuations in the price of gold and other commodities, fluctuation in foreign exchange rates and interest rates, stock market volatility, as well as those factors discussed in the section entitled Risks to Sandstorm in Sandstorms annual report for the financial year ended December 31, 2019 and the section entitled Risk Factors contained in the Companys annual information form dated March 30, 2020 available at www.sedar.com and most recent annual report filed on Form 40-F with the SEC on www.sec.gov. Although Sandstorm has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Sandstorm does not undertake to update any forward-looking statements that are contained or incorporated by reference, except in accordance with applicable securities laws.

ERFAN KAZEMI

CHIEF FINANCIAL OFFICER

604 689 0234

KIM BERGEN

INVESTOR RELATIONS

604 628 1164

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Lument Provides $21.5 Million in Freddie Mac Financing for Affordable Housing in El Paso

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NEW YORK, Dec. 2, 2020 /PRNewswire/ — Lument, a national leader in commercial real estate finance,   announced today that it provided a $21.5 million Freddie Mac unfunded forward commitment loan to facilitate the substantial renovation of Jackie Robinson Memorial Apartments, an affordable multifamily property in El Paso, Texas.  Lument is the combined organization of legacy industry experts Hunt Real Estate Capital, Lancaster Pollard, and RED Capital Group.

“By combining the Freddie Mac unfunded forward loan with tax credit equity and other soft funding sources, we were able to put in place an attractive debt structure to help improve these much-needed affordable apartments,” said Josh Reiss, director at Lument.

Originally built in 1975, Jackie Robinson is a 186-unit, 4% low-income housing tax credit (LIHTC) community in the Housing Authority of the City of El Paso (HACEP) portfolio. As part of the transaction, the property will receive Section 8 assistance that will facilitate the conversion to long-term, project-based voucher (PBV) rental assistance. Subsequently, all 186 units will be restricted to tenants earning income at or below 60% area median income (AMI).

The $21.5 million Freddie Mac loan features a low, fixed interest rate, 18-year term with three years of interest only, and a 35-year amortization schedule. The forward commitment term will be 30 months with one six-month extension.

Jackie Robinson will undergo substantial interior and exterior construction, including a gut renovation of all residential units, from new drywall to new kitchen appliances. In addition, exteriors will be improved with new windows and doors, repaired or replaced roofs, and new stair towers.

Construction began in October 2020 and is expected to be complete within 24 months.

Mr. Reiss and the Lument team have financed over 960 units in partnership with HACEP, totaling $41 million. Since 2015, the team has financed over $565 million in RAD transactions for a total of approximately 6,500 units.

About Lument
ORIX Real Estate Capital Holdings, LLC, d/b/a Lument, is a subsidiary of ORIX Corporation USA. Lument is a national leader in commercial real estate finance. As the combined organization of legacy industry experts Hunt Real Estate Capital, Lancaster Pollard, and RED Capital Group, Lument delivers a comprehensive set of capital solutions customized for investors in multifamily, affordable housing, and seniors housing and healthcare real estate. Lument is a Fannie Mae DUS®, Freddie Mac Optigo®, FHA, and USDA lender. In addition, Lument offers a suite of proprietary commercial lending, investment banking, and investment management solutions. Lument has approximately 600 employees in over 25 offices across the United States. Securities, investment banking, and advisory services are provided through OREC Securities, LLC, d/b/a Lument Securities. Member FINRA/SIPC. For more information, visit www.lument.com.

MEDIA CONTACT                                                                                                           
Michael Ratliff | Marketing Director
212-588-2163 | [email protected]

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IPC Partners with Greenprint Capital to expand the Solar PPA offer throughout the United States

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ROCKY HILL, Conn., Dec. 2, 2020 /PRNewswire-PRWeb/ — Inclusive Prosperity Capital, Inc. (IPC), a mission-driven specialty finance organization working at the intersection of community development, clean energy finance, and climate impact is pleased to announce the closing of a tax equity partnership with San Diego-based Greenprint Capital, as well as a debt facility with the Connecticut Green Bank. Having launched these two partnerships, IPC is now able to acquire, develop, construct, and operate distributed solar projects throughout the United States. IPC's solar Power Purchase Agreement (PPA) provides direct financial savings to customers in underserved markets – small-scale commercial properties, houses of worship, affordable multifamily housing, and non-profits. IPC can be flexible to accommodate most commercial or community-scale customers.

“Launching a solar PPA platform has been a major component of IPC's strategy since our formation in 2018. Building on the many years in which our staff supported the Connecticut Green Bank's solar PPA program in Connecticut, IPC is well-positioned to deliver energy-saving solar PPAs to customers who might otherwise be overlooked by traditional financiers. We are thrilled to be partnering with Greenprint Capital and Connecticut Green Bank to achieve this major milestone in IPC's growth,” said Kerry O'Neill, IPC's Chief Executive Officer.

IPC's first four solar projects are in Connecticut, acquired from the Connecticut Green Bank, and include two schools, an Islamic center and a Boys and Girls Club. The projects total 495 kW and are anticipated to save the customers approximately $20,000 in their first year of operation. IPC's first four solar customers include:

  • Boys and Girls Club of the Lower Naugatuck Valley – 127 kW Rooftop Project
  • Bridgeport Islamic Community Center – 75 kW Rooftop Project
  • The Country School – 107 kW Rooftop Project
  • Washington Montessori School – 186 kW Rooftop Project

Bert Hunter, Connecticut Green Bank's Chief Investment Officer noted, “IPC will be one of our key partners in continuing to serve the Connecticut solar market. With this latest round of financing, we are confident IPC has the tools needed to manage the solar PPA partnership throughout the state of Connecticut and beyond. We are eager to see IPC replicate and expand upon the success the Connecticut Green Bank has had in creatively de-risking projects to provide access to previously credit-challenged potential solar customers.”

Antoine Bishara, Principal at Greenprint Capital, said, “IPC's focus on de-risking solar projects in underserved markets is a great fit for Greenprint's approach to tax equity investment. We see Greenprint's role in the market as leveraging our efficiency to lower financing costs and unlock the small and medium scale distributed solar market for tax investors. That efficiency is even more important when it results in lower PPA prices for important community organizations like IPC's customers.”

John D'Agostino, Director of Financing Programs at IPC said, “we are very excited about our first four projects in Connecticut and are grateful for the opportunity to serve four organizations whose missions align with our own. The Solar PPA projects will help these customers continue to provide a wide array of services to their communities. Greenprint's nimble and efficient approach to tax equity financing is a major reason we're able to make this possible. This partnership will allow IPC to provide financing solutions to commercial and community solar developers as well as energy savings to their customers. We hope to remain long-term partners and bring the success we've achieved with Greenprint in Connecticut to IPC's pipeline of solar projects throughout the country.”

About Greenprint Capital:
Greenprint is a professional advisory and consulting firm focused on structured tax credit and preferred equity investments in renewable energy projects. Greenprint and its financial partners invest in and support infrastructure development activities and seeks to serve all stakeholders involved

About the Connecticut Green Bank:
The Connecticut Green Bank was established by the Connecticut General Assembly on July 1, 2011 as a part of Public Act 11-80. As the nation's first full-scale green bank, its mission is to confront climate change and provide all of society a healthier, more prosperous future by increasing and accelerating the flow of private capital into markets that energize the green economy. This is accomplished by leveraging limited public resources to scale-up and mobilize private capital investment into Connecticut. In 2017, the Connecticut Green Bank received the Innovations in American Government Award from the Harvard Kennedy School Ash Center for Democratic Governance and innovation for their “Sparking the Green Bank Movement” entry. For more information about the Connecticut Green Bank, please visit http://www.ctgreenbank.com.

About Inclusive Prosperity Capital:
Inclusive Prosperity Capital, Inc. (“IPC”) is a not-for-profit investment fund scaling clean energy financing solutions that channels investment capital to program partners in communities that need it most. As a spin-out and strategic partner of the Connecticut Green Bank, IPC is focused on scaling its work in Connecticut and expanding its successful model nationwide by accessing mission-driven capital and partnerships. IPC operates at the intersection of community development, clean energy finance, and climate impact. We believe everyone should have access to the benefits of clean energy, helping to deliver Inclusive Prosperity.

Media Contact

Madeline Priest, Inclusive Prosperity Capital, +1 860-257-2891, [email protected]

 

SOURCE Inclusive Prosperity Capital

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Edward Jones Named One of the 2020 Best Workplaces for Parents™ by Great Place to Work® and FORTUNE Magazine

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ST. LOUIS, Dec. 2, 2020 /PRNewswire/ — Financial-services firm Edward Jones has been named one of the 2020 Best Workplaces for Parents by Great Place to Work® and FORTUNE Magazine. The firm, ranked No. 7 on the list of 100 companies, earned this award for creating consistently positive experiences for working parents.

Great Place to Work determined the Best Workplaces for Parents by gathering and analyzing employee experience feedback representing 4.8 million U.S. employees across more than 20 industries – the largest annual study of working parents to date.

“Edward Jones is extremely proud of this recognition that spotlights the work environment we've built, and evolved, to support our parents. This is particularly significant in light of the difficult and novel challenges facing parents this year,” said Kristin Johnson, Edward Jones Chief Human Resources Officer. “We strive to create a people-first culture for all associates that allows them to effectively manage their commitment both to our clients and to their families.”

Since forming in Spring 2020, the Edward Jones Parental/COVID-19 Taskforce has acted as a key listening post and strategy team advocating for the needs of associates, their families and working in a remote environment. The 20-member taskforce, with representatives from multiple areas of the firm, has created critical policies, programs and solutions that provide support for navigating pandemic-related issues in five areas: workplace flexibility, time off, dependent care and educational support for children, health and wellness, and financial support.

Support for parents and families includes:

  • Associates in distress due to COVID-related financial challenges can look to help from the Edward Jones Disaster Relief Fund. Associates and retirees donated $930,000 to the fund this summer to assist colleagues.
  • To help ease family concerns around health expenses, the Edward Jones medical plan provides no-cost care for COVID-related testing and treatment through the end of 2020. And to remove barriers to care and the burden of costs, the firm waived the deductible for the treatment of COVID-19 from both in- and out-of-network providers.
  • Associates have 10 extra personal days this year, and we've revised our sick/safe time policy, allowing associates to use sick time for any COVID-related reason, including childcare needs, through the end of the year.
  • Many associates have worked remotely since mid-March, allowing parents to be with children and other dependents as schools and care centers closed.
  • The firm's Investing in You website contains a wealth of information for families struggling to balance childcare, at-home learning and work. There are 60-plus resources for working parents. The firm also offers free online webinars on subjects such as helping kids cope with pandemic anxiety as they return to school, how working parents can structure their day, and how to manage their workspace and teaching space.

Rankings are based primarily on parents' scores of trust and fairness across the company culture, including levels of trust, pride, management effectiveness, innovation, diversity and equity. The analysis focused on how parents' workplace experiences compare to those of their non-working colleagues and determining whether their job level, race/ethnicity or any personal characteristic changed the level of support they received as a working parent. Finally, each company's parental leave, adoption, flexible schedule, childcare and dependent health care benefits were evaluated.

“Best workplaces like Edward Jones have built dynamic, flexible, and transparent workplaces built on trust,” said Michael C. Bush, CEO of Great Place to Work. “This gives companies on this list a powerful opportunity not just to do well for their people, but also to do well for their businesses.”

About Edward Jones

Edward Jones, a FORTUNE 500 firm headquartered in St. Louis, provides financial services in the U.S. and, through its affiliate, in Canada. Every aspect of the firm's business, from the investments its financial advisors offer to the location of its branch offices caters to individual investors. The firm's 19,000-plus financial advisors serve more than 7 million clients and care for $1.3 trillion in assets under management.  The Edward Jones website is at www.edwardjones.com, and its recruiting Web site is www.careers.edwardjones.com. Member SIPC.

About Great Place to Work®

Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees around the world and used those deep insights to define what makes a great workplace: trust. Great Place to Work helps organizations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Emprising®, their culture management platform, empowers leaders with the surveys, real-time reporting, and insights they need to make data-driven people decisions. Their unparalleled benchmark data is used to recognize Great Place to Work-Certified™ companies and the Best Workplaces™ in the US and more than 60 countries, including the 100 Best Companies to Work For® and World's Best Workplaces list published annually in Fortune. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.

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SOURCE Edward Jones

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News19 mins ago

Lument Provides $21.5 Million in Freddie Mac Financing for Affordable Housing in El Paso

NEW YORK, Dec. 2, 2020 /PRNewswire/ — Lument, a national leader in commercial real estate finance,   announced today that it...

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Most Americans Ill-Equipped in Financial Retirement Planning: MoneyRates Survey

FOSTER CITY, Calif., Dec. 2, 2020 /PRNewswire/ — Many Americans may be steering the Titanic without a map when it comes to...

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Former SEC Senior Counsel Strengthens McDermott's Investigation & Litigation Bench

BOSTON, Dec. 2, 2020 /PRNewswire/ — International law firm McDermott Will & Emery continues to grow its litigation footprint with the addition...

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Edward Jones Named One of the 2020 Best Workplaces for Parents™ by Great Place to Work® and FORTUNE Magazine

ST. LOUIS, Dec. 2, 2020 /PRNewswire/ — Financial-services firm Edward Jones has been named one of the 2020 Best Workplaces for...

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IPC Partners with Greenprint Capital to expand the Solar PPA offer throughout the United States

ROCKY HILL, Conn., Dec. 2, 2020 /PRNewswire-PRWeb/ — Inclusive Prosperity Capital, Inc. (IPC), a mission-driven specialty finance organization working at the...

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Synergetics' OpenFLIS Prioritized To Go Through The JAB Authorization Process

FORT COLLINS, Colo., Dec. 2, 2020 /PRNewswire/ — The Joint Authorization Board (JAB), consisting of the Chief Information Officers from...

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Sole Source Capital-Backed Supply Chain Services Acquires Coridian Technologies, Inc.

SANTA MONICA, Calif., Dec. 2, 2020 /PRNewswire/ — Sole Source Capital LLC (“Sole Source” or the “Firm”), an industrial-focused private...

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Private equity remains resilient in the face of pandemic-induced volatility

NEW YORK, Dec. 2, 2020 /PRNewswire/ — Published today, 2021 Global Private Equity Outlook, a report produced by global law...

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Deep Water Point Identified as one of the National Capital Region's “Best Places To Work”

ANNAPOLIS, Md., Dec. 2, 2020 /PRNewswire/ — Deep Water Point, a management consulting firm in the Washington DC National Capital Region (NCR) has been...

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Port Logistics Group Announces New Northeast Regional Office Opening

LOS ANGELES, Dec. 2, 2020 /PRNewswire/ — Port Logistics Group, one of the nation's leading providers of omnichannel logistics services, announced...