Royal Gold Inc. / RGLD (NAS)

    Royal Gold Announces Approval by All Required Securityholders for Sandstorm Gold Ltd. and Horizon Copper Corp. Acquisitions

    https://www.businesswire.com/n…Copper-Corp.-Acquisitions

    Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced the preliminary voting results from the special meeting of Royal Gold stockholders (the “Special Meeting”) held today to approve the issuance of shares of Royal Gold common stock in connection with the previously announced acquisition of Sandstorm Gold Ltd. (“Sandstorm” and the “Sandstorm Transaction”). A total of 52,872,808 shares of Royal Gold common stock were represented at the meeting, being approximately 80.3% of the Company’s issued and outstanding common stock as of the record date, with an overwhelming majority of 99.1% of the votes cast in favor of the issuance of shares of Royal Gold common stock in connection with the Sandstorm Transaction. Royal Gold will file the final voting results on a Current Report on Form 8-K with the U.S. Securities and Exchange Commission within four business days. Separately, both Sandstorm and Horizon Copper Corp. (“Horizon”) announced the voting results received at their respective meetings held today to seek securityholder approval for the Sandstorm Transaction and the acquisition of Horizon by Royal Gold (the “Horizon Transaction”). Sandstorm reported that approximately 98.7% of the votes cast at the Sandstorm meeting were in favor of the Sandstorm Transaction, and Horizon reported that approximately 99.4% of the votes cast at the Horizon meeting were in favor of the Horizon Transaction. The completion of the Sandstorm Transaction is subject to customary closing conditions, including, without limitation, the approval of the Supreme Court of British Columbia, which approval will be sought on October 15, 2025, certain conditions to the completion of the Horizon Transaction having been satisfied or waived by Royal Gold, and the listing of shares of Royal Gold’s stock to be issued in the Sandstorm Transaction on Nasdaq. The completion of the Horizon Transaction is subject to customary closing conditions, including, without limitation, the approval of the Supreme Court of British Columbia, which approval will be sought on October 15, 2025.

    Subject to the satisfaction or waiver of the closing conditions, it is anticipated that both the Sandstorm Transaction and the Horizon Transaction will close on October 20, 2025.

    Royal Gold Completes Sandstorm Gold and Horizon Copper Acquisitions to Create a Premier Growth Company in the Gold Streaming and Royalty Sector

    https://www.royalgold.com/investors/press-releases/press-release-details/2025/Royal-Gold-Completes-Sandstorm-Gold-and-Horizon-Copper-Acquisitions-to-Create-a-Premier-Growth-Company-in-the-Gold-Streaming-and-Royalty-Sector/default.aspx

    • Neu

    Royal Gold Reports Strong Financial Results with Record Revenue and Cash Flow for the Third Quarter of 2025


    Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold,” the “Company,” “we,” “us,” or “our”) reports net income of $126.8 million, or $1.92 per share, for the quarter ended September 30, 2025 ("third quarter"), on revenue of $252.1 million and operating cash flow of $174.0 million. Adjusted net income1 was a record $136.2 million, or $2.06 per share.

    Third Quarter 2025 Highlights:

    • Records for revenue of $252.1 million and operating cash flow of $174.0 million, and strong earnings of $126.8 million
    • Revenue split: 78% gold, 12% silver, 7% copper
    • Sales volume of 72,900 GEOs2
    • Adjusted EBITDA margin1 of 82%
    • Drew $825 million on revolving credit facility and repaid $50 million
    • Paid quarterly dividend of $0.45 per share, a 12.5% increase over the prior year period
    • Acquired gold stream on the Kansanshi mine

    Post Quarter Events:

    • Closed acquisitions of Sandstorm Gold and Horizon Copper
    • 11,111 ounces of gold received for Mount Milligan Cost Support Agreement

    “Royal Gold reported another very solid quarter and we achieved record revenue and cash flow,” commented Bill Heissenbuttel, President and CEO of Royal Gold. "Our portfolio performed very well and allowed us to take full advantage of the materially higher gold and silver prices in the quarter, and the record gold price directly benefited our results."

    “In addition to the strong financial performance, over the last few months we have significantly enhanced the scale, duration and diversification of our portfolio," continued Mr. Heissenbuttel. "Our underlying business continues to produce excellent results, we have seen meaningful value additions from the Mount Milligan mine life extension and Fourmile exploration success, we have acquired the large and long life Kansanshi stream, and have added further scale, diversification and growth with the Sandstorm and Horizon portfolios. We will work hard over the coming months to ensure that the market understands and appreciates the cash flow, growth potential and gold leverage of our expanded business."

    Royal Gold Reports Strong Financial Results with Record Revenue and Cash Flow for the Third Quarter of 2025, by @businesswire
    Royal Gold Reports Strong Financial Results with Record Revenue and Cash Flow for the Third Quarter of 2025' by @businesswire
    ceo.ca

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