 TORONTO, Nov. 18, 2020 GLOBE NEWSWIRE -- Omai Gold Mines Corp. TSXV: OMG Omai or the Company announces that in connection with the resumption of trading of its shares on the TSX Venture Exchange following the closing of its transaction with Avalon Investment Holdings Inc. as disclosed in its press release of October 1, 2020, that pursuant to National Instrument 62-103 - The Early Warning System and Related Take Over Bid and Insider Reporting Issues, Sandstorm Gold Ltd. Sandstorm is announcing the acquisition of an aggregate of 20,000,000 common shares the Omai Shares of the Company, representing approximately 10.1 of the outstanding common shares of Omai. Prior to the acquisition of the Omai Shares, Sandstorm held 20,000,000 common shares of Avalon Investment Holdings Ltd. Avalon which were exchanged for the Omai Shares upon the completion of the aforementioned business combination of Avalon and Anconia Resources Corp Anconia. 