Royal Gold Announces the Closing of Its Public Offering of Common Stock
14 Abril 2009 - 1:23PM
PR Newswire (US)
DENVER, April 14 /PRNewswire-FirstCall/ -- ROYAL GOLD, INC.
(Nasdaq: RGLD; TSX: RGL), a leading precious metals royalty
company, announced today the closing of its public offering of
common stock pursuant to the Company's shelf registration statement
filed with the Securities and Exchange Commission and a shelf
prospectus filed with certain Canadian securities regulatory
authorities. The Company sold 6,500,000 shares of common stock at a
price of $38.00 per share and has granted the underwriters a 30-day
option to purchase up to 975,000 additional shares of common stock
to cover over-allotments, if any. The over-allotment period ends
May 14, 2009. Proceeds to the Company from the offering, net of
commission and expenses, are expected to be approximately $235.3
million, assuming the underwriters' over-allotment option is not
exercised. The proceeds from the offering will be used primarily to
pay the cash component of the Andacollo transaction that was
announced on April 6, 2009. If the transaction does not close, the
net proceeds will be used for general corporate purposes and to
fund future acquisitions. HSBC Securities (USA) Inc. acted as the
global coordinator and as the joint book-runner for the offering
with Goldman, Sachs & Co. and Scotia Capital (USA) Inc. Merrill
Lynch & Co. and NBF Securities (USA) Corp. were co-managers for
the offering. Copies of the final prospectus supplement and the
base shelf prospectus relating to the offering may be obtained
either by contacting any of the following underwriters or by
accessing the Securities and Exchange Commission's website,
http://www.sec.gov/ HSBC Securities (USA) Inc. Attn: Prospectus
Dept. 452 Fifth Avenue New York, NY 10018 Phone: 212-525-0860 Toll
free: 866-811-8049 Fax: 646-366-3165 Email: Goldman, Sachs &
Co. Attn: Prospectus Dept. 85 Broad Street New York, NY 10004
Phone: 212-902-1171 or Toll free: 866-471-2526 Fax: 212-902-9316
Email: Scotia Capital (USA) Inc. Attn: Equity Capital Markets One
Liberty Plaza, 25th Floor New York, NY 10006 Phone: 212-225-6853
Fax: 212-225-6852 Email: Copies of the final Canadian MJDS
prospectus supplement and the base shelf prospectus relating to the
offering may be obtained by either contacting the following
underwriters or by accessing the System for Electronic Document
Analysis and Retrieval (SEDAR) established by the Canadian
Securities Administrators: HSBC Securities (Canada) Inc. Attn:
Equity Capital Markets (Stephanie Pridmore) 70 York Street, 4th
Floor Toronto, Ontario M5J 1S9 Canada Phone: 416-868-7765 Fax:
416-868-3060 Email: Goldman, Sachs & Co. Attn: Prospectus Dept.
85 Broad Street New York, NY 10004 Phone: 212-902-1171 or Toll
free: 866-471-2526 Fax: 212-902-9316 Email: Scotia Capital Inc.
Attn: Equity Capital Markets (Paul Angelopoulos) 40 Kings Street
West, 65th Floor Toronto, Ontario M5X 2X6 Canada Phone:
416-862-5837 Fax: 416-863-7420 Email: This news release and the
prospectus obtained from the website established by the Canadian
Securities Administrators, http://www.sedar.com/, as the case may
be, shall not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of these securities in
any state or jurisdiction in which the offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction. The securities
being offered have not been approved or disapproved by any
regulatory authority, nor has any such authority passed upon the
accuracy or adequacy of the prospectus supplement, the prospectus
or the Company's shelf registration statement. Royal Gold is a
precious metals royalty company engaged in the acquisition and
management of precious metal royalty interests. The Company owns
royalties on 117 properties on five continents, including royalties
on 25 producing mines and 10 development stage projects. Royal Gold
is publicly traded on the NASDAQ Global Select Market under the
symbol "RGLD" and on the Toronto Stock Exchange under the symbol
"RGL." Cautionary "Safe Harbor" Statement Under the Private
Securities Litigation Reform Act of 1995: With the exception of
historical matters, the matters discussed in this press release
include forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially
from projections or estimates contained herein. Such
forward-looking statements include statements regarding the use of
proceeds from the offering and the closing of the Andacollo
transaction. Factors that could cause actual results to differ
materially from projections or estimates include, among others,
precious metals prices, economic and market conditions, and other
factors described in the Company's Annual Report on Form 10-K/A,
and other filings with the Securities and Exchange Commission. Most
of these factors are beyond the Company's ability to predict or
control. The Company disclaims any obligation to update any
forward-looking statement made herein. Readers are cautioned not to
put undue reliance on forward-looking statements. DATASOURCE: Royal
Gold, Inc. CONTACT: Karen Gross, Vice President and Corporate
Secretary of Royal Gold, Inc., +1-303-575-6504 Web Site:
http://www.royalgold.com/
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