Royal Gold Files Proxy Statement for Annual Meeting

TL;DR

Royal Gold's proxy statement is out - time to vote on directors & pay.

AI Summary

Royal Gold, Inc. filed a Definitive Proxy Statement (DEFA14A) on September 3, 2025, for its annual meeting. The filing outlines the company's governance and shareholder matters, including the election of directors and executive compensation. Shareholders will vote on proposals presented by the company's board.

Why It Matters

This filing is crucial for shareholders as it details the proposals they will vote on, including director elections and executive compensation, directly impacting the company's leadership and financial structure.

Risk Assessment

Risk Level: low — This is a routine proxy filing detailing annual meeting matters and does not present new financial risks.

Key Players & Entities

• ROYAL GOLD INC (company) — Registrant
• 0000085535-25-000134.txt (document) — Filing document name
• 20250903 (date) — Filing date

FAQ

Filing Documents

• recordandmeetingdatereleas.htm (DEFA14A) — 29KB
• a06pro013410_logoxroyalgola.jpg (GRAPHIC) — 67KB
• image_0a.jpg (GRAPHIC) — 49KB
• 0000085535-25-000134.txt ( ) — 190KB

From the Filing

Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) x Filed by the Registrant o Filed by a Party other than the Registrant CHECK THE APPROPRIATE BOX o Preliminary Proxy Statement o Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) o Definitive Proxy Statement x Definitive Additional Materials o Soliciting Material Under Rule 14a-12 Royal Gold, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) PAYMENT OF FILING FEE (CHECK ALL BOXES THAT APPLY) x No fee required o Fee paid previously with preliminary materials o Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 Royal Gold Announces Filing of Proxy Statement for the Acquisition of Sandstorm Gold Ltd. DENVER, COLORADO. September 3, 2025 ROYAL GOLD, INC. (NASDAQ RGLD) (together with its subsidiaries, "Royal Gold" or the "Company," "we" or "our") announced today that it has filed a definitive proxy statement with the United States Securities and Exchange Commission (the "SEC") for the Company's previously announced strategic business combination transaction with Sandstorm Gold Ltd. ("Sandstorm"). Pursuant to an arrangement agreement entered into among Royal Gold, International Royalty Corporation, and Sandstorm on July 6, 2025, Royal Gold has agreed to acquire all of the issued and outstanding Sandstorm common shares and Sandstorm will become a wholly owned subsidiary of Royal Gold (the "Sandstorm Transaction"). All holders of record of Royal Gold common stock as of the close of business on Friday, August 29, 2025, will be entitled to vote their shares at the special meeting of stockholders (the "Special Meeting") to approve the issuance of shares of Royal Gold common stock in connection with the Sandstorm Transaction. The Special Meeting is scheduled to take place on Thursday, October 9, 2025. The Royal Gold Board of Directors unanimously recommends that Royal Gold stockholders vote "FOR" the proposals as described in detail in the definitive proxy statement. Sandstorm will hold a separate shareholder meeting to obtain the required approval of its shareholders, which is currently expected to be held on October 9, 2025. In addition, Horizon Copper Corp. ("Horizon") is expected to hold a meeting of its securityholders on October 9, 2025 to seek approval of Royal Gold's proposed acquisition of Horizon (the "Horizon Transaction" and together with the Sandstorm Transaction, the "Transactions"). The completion of the Sandstorm Transaction is subject to customary closing conditions, including, without limitation, the approvals by Royal Gold's stockholders and Sandstorm's shareholders described above, the approval of the Supreme Court of British Columbia, certain conditions to the completion of the Horizon Transaction having been satisfied or waived by Royal Gold, the listing of shares of Royal Gold's stock to be issued in the transaction on Nasdaq, and receipt of certain regulatory clearances or approvals, including under competition laws in Canada and South Africa (which approvals have been received) and under the Investment Canada Act (which review remains ongoing). Subject to the satisfaction or waiver of the closing conditions, it is anticipated that the Sandstorm Transaction will close in the fourth quarter of 2025. Corporate Profile Royal Gold is a high margin, mid-capitalization company that generates strong cash flows from a large and well-diversified portfolio of precious metal streams, royalties and similar production-based interests located in mining-friendly jurisdictions. Royal Gold shares trade under the symbol "RGLD" and provide growth, value and income investors with exposure to the metals and mining industry. The Company's website is located at www.royalgold.com . For further information, please contact Alistair Baker Senior Vice President, Investor Relations and Business Development (303) 573-1660 Forward-Looking Statements This press release includes "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from these statements. Forward-looking statements are often identified by words like "will," "may," "could," "should," "would," "believe," "estimate," "expect," "anticipate," "plan," "forecast," "potential," "intend," "continue," 1 "project," or negatives of these words or similar expressions. Forward-looking statements include, among others, statements regarding the following the timing of the Sandstorm shareholder meeting and Horizon securityholder meeting the sat

View Full Filing

View this DEFA14A filing on SEC EDGAR