0001144204-16-074502.txt : 20160107 0001144204-16-074502.hdr.sgml : 20160107 20160106192411 ACCESSION NUMBER: 0001144204-16-074502 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20160106 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160107 DATE AS OF CHANGE: 20160106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROYAL GOLD INC CENTRAL INDEX KEY: 0000085535 STANDARD INDUSTRIAL CLASSIFICATION: MINERAL ROYALTY TRADERS [6795] IRS NUMBER: 840835164 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13357 FILM NUMBER: 161328430 BUSINESS ADDRESS: STREET 1: 1660 WYNKOOP STREET STREET 2: SUITE 1000 CITY: DENVER STATE: CO ZIP: 80202-1132 BUSINESS PHONE: 303-573-1660 MAIL ADDRESS: STREET 1: 1660 WYNKOOP STREET STREET 2: SUITE 1000 CITY: DENVER STATE: CO ZIP: 80202-1132 FORMER COMPANY: FORMER CONFORMED NAME: ROYAL GOLD INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ROYAL RESOURCES CORP DATE OF NAME CHANGE: 19870517 FORMER COMPANY: FORMER CONFORMED NAME: ROYAL RESOURCES EXPLORATION INC DATE OF NAME CHANGE: 19810716 8-K 1 v428498_8k.htm FORM 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of

the Securities Exchange Act of 1934

 

 

Date of Report (Date of earliest event reported): January 6, 2016

 

 

ROYAL GOLD, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware   001-13357   84-0835164
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

 

 

1660 Wynkoop Street, Suite 1000, Denver, CO   80202-1132
(Address of principal executive offices)   (Zip Code)

 

 

Registrant’s telephone number, including area code: 303-573-1660

 

 

 (Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

  


 

 

 

Item 7.01     Regulation FD Disclosure.

 

On January 6, 2016, the Company announced stream sales for its fiscal 2016 second quarter ended December 31, 2015.

 

The Company also announced its fiscal 2016 second quarter earnings call on February 4, 2016 at noon Eastern Standard Time.

 

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information furnished under this Item 7.01, including the exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by reference to such filing.

 

Item 9.01     Financial Statements and Exhibits.

 

(d)Exhibits

 

Exhibit
No.
  Description
99.1   Press Release dated January 6, 2016 Providing an Update on Q2 2016 Stream Sales.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Royal Gold, Inc.

 

(Registrant)

     
Dated:  January 7, 2016 By: /s/ Bruce C. Kirchhoff
    Name: Bruce C. Kirchhoff
    Title: Vice President, General Counsel and Secretary
         

 

EXHIBIT INDEX

 

Exhibit
No.
  Description
99.1   Press Release dated January 6, 2016 Providing an Update on Q2 2016 Stream Sales.

 

 

 

 

EX-99.1 2 v428498_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

 

 

 

 

Royal Gold Provides Update on Fiscal 2016 Second Quarter Stream Sales and Announces Earnings Call

 

 

DENVER, COLORADO.  JANUARY 6, 2016:  ROYAL GOLD, INC(NASDAQ:RGLD; TSX: RGL) (together with its subsidiaries, “Royal Gold” or the “Company”) today announced stream sales for its fiscal 2016 second quarter ended December 31, 2015. Sales from Royal Gold’s stream segment contributed more than half of Royal Gold’s total revenue in its first fiscal quarter 2016.

 

The Company reports that its wholly owned subsidiary RGLD Gold AG sold approximately 61,500 ounces of gold related to its streaming agreements, at an average realized gold price of $1,094 per ounce in the second fiscal quarter. The Company had approximately 25,700 ounces of gold in inventory at December 31, 2015. RGLD Gold AG’s average cost of sales for the second fiscal quarter was approximately $370 per stream ounce. Cost of sales is specific to our stream agreements and is the result of the Company’s purchases of gold for a cash payment of a set contractual price, or the prevailing market price of gold when purchased.

 

Stream Segment (does not include royalties) Gold Ounces Sold Average Realized Gold Price/Ounce   Gold Ounces In Inventory
Three Months Ended September 30, 2015 33,758 $1,121 As of September 30, 2015 11,481
Three Months Ended December 31, 2015 61,500 $1,094 As of December 31, 2015 25,700

 

Royal Gold’s second quarter results will be released before the market opens for trading on Thursday, February 4, 2016, followed by a conference call that day at noon Eastern Standard Time (10:00 a.m. Mountain Standard Time).  The call will be webcast and archived on the Company’s website for a limited time.

 

Fiscal 2016 Second Quarter Earnings Call Information:

 

  Dial-In Numbers: 855-209-8260 (U.S.); toll free
    855-669-9657 (Canada); toll free
    412-542-4106 (International)
  Conference Title: Royal Gold
  Webcast URL: www.royalgold.com under Investors, Events & Presentations 

 

 

 

About Royal Gold

 

Royal Gold is a precious metals royalty and stream company engaged in the acquisition and management of precious metal royalties, streams and similar production based interests.  The Company owns interests on 197 properties on six continents, including interests on 39 producing mines and 23 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.” The Company’s website is located at www.royalgold.com.

 

For further information, please contact:

 

Karli Anderson

Vice President Investor Relations

(303) 575-6517

 

 

 

GRAPHIC 3 image_002.jpg GRAPHIC begin 644 image_002.jpg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end