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DENVER-(BUSINESS WIRE)-Royal Gold, Inc. (NASDAQ:RGLD)(TSX:RGL) announced today it has consented to sell 4.0 million common shares of Royal Gold to Goldman, Sachs & Co. within an underwritten at-the-market public offering. The last reported sale cost of Royal Gold’s common stock on the NASDAQ Global Select Market on January 9, 2012 was $70.34 per share. The offering is predicted to close on January 13, 2012, be subject to customary closing conditions. Goldman, Sachs & Co. is in the role of the sole underwriter for your offering. mining company news
Royal Gold offers to use the net proceeds of the offering for that acquisition of additional royalty or similar interests, to invest in near-term obligations as a result of the recent Mt. Milligan acquisition also to repay debt, including debt incurred to invest in the acquisition of your additional property desire for the gold creation of the Mt. Milligan project in December 2011. gold mining The offering will probably be made pursuant on the Company’s effective shelf registration statement filed with all the Securities and Exchange Commission along with a shelf prospectus filed with Canadian securities regulatory authorities in every provinces other than Quebec beneath the Multijurisdictional Disclosure System (“MJDS”). A preliminary prospectus supplement relating to the offering continues to be filed while using Securities and Exchange Commission. A shelf prospectus has been filed using the securities regulatory authorities in Canadian Provinces besides Quebec as well as a preliminary prospectus supplement is going to be filed with your regulatory authorities under the MJDS. Once filed, copies of the preliminary prospectus supplement along with the base shelf prospectus amongst the offering may be obtained by either contacting these underwriter or by accessing the Filing website, www.sec.gov: Goldman, Sachs & Co. Attn: Prospectus Dept. 200 West St. The big apple, NY 10282-2198 Phone: 212-902-1171 or Toll-free: 866-471-2526 Fax: 212-902-9316 Email: Prospectus-ny@ny.email.gs.com In Canada, a replica of the prospectus and prospectus supplement could possibly be obtained by either contacting these underwriter or by accessing the SEDAR website atwww.sedar.com. www.iron-ore-crusher.net This news release shall not constitute a proposal to sell or perhaps the solicitation of an offer to buy, nor shall there be any sale of those securities in almost any state or jurisdiction in which the offer, solicitation or sale will be unlawful before registration or qualification under the securities laws of the such state or jurisdiction. The securities to be had have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the precision or adequacy from the prospectus supplement, the prospectus or Company’s shelf registration statement. CORPORATE PROFILE Royal Gold is really a precious metals royalty company engaged in the acquisition and treatments for precious metal royalties and other alike interests. The Company’s portfolio includes 187 properties on six continents, including interests on 37 producing mines and 22 development stage projects. Royal Gold is publicly traded on the NASDAQ Global Select Market underneath the symbol “RGLD,” and also on the Toronto Currency markets under the symbol “RGL.” Cautionary “Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995: Aside from historical matters, the matters discussed with this press release include forward-looking statements that entail risks and uncertainties which could cause actual leads to differ materially from projections or estimates contained herein. Such forward-looking statements include statements regarding future sales of common stock along with the use of hails from such sales. Factors that could cause actual results to differ materially from such forward looking statements include, and others, precious metals prices, economic and market conditions and the availability of attractive acquisition opportunities, along with other factors described in your Annual Report on Form 10-K, as well as other filings with the Registration. Most of these factors are at night Company’s ability to predict or control. The corporation disclaims any obligation to update any forward-looking statement made herein. Readers are cautioned never to put undue reliance on forward-looking statements. Tags: Royal Gold Announces 4000000 Share Common Stock Offering
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