Royal Gold Files Definitive Proxy Statement

TL;DR

Royal Gold filed its proxy statement - time to vote on company matters.

AI Summary

Royal Gold, Inc. filed a Definitive Proxy Statement (DEFA14A) on September 29, 2025. This filing is related to the company's annual meeting and shareholder matters. The company is headquartered in Denver, Colorado, and operates in the mineral royalty trading sector.

Why It Matters

This filing provides shareholders with important information regarding the company's governance, executive compensation, and voting matters for the upcoming annual meeting.

Risk Assessment

Risk Level: low — A DEFA14A filing is a routine disclosure document for public companies and does not inherently represent a change in risk for the company.

Key Players & Entities

• ROYAL GOLD INC (company) — Registrant
• 0000085535-25-000140 (filing_id) — Accession Number
• 20250929 (date) — Filing Date
• Denver, CO (location) — Company Headquarters

FAQ

Filing Documents

• receiptofregulatoryapprova.htm (DEFA14A) — 31KB
• a06pro013410_logoxroyalgol.jpg (GRAPHIC) — 67KB
• image_0.jpg (GRAPHIC) — 49KB
• 0000085535-25-000140.txt ( ) — 192KB

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 Receipt of Governmental Approvals and Provides an Update on the Timing for the Acquisitions of Sandstorm Gold Ltd. and Horizon Copper Corp. DENVER, COLORADO. September 29, 2025 ROYAL GOLD, INC. (NASDAQ RGLD) (together with its subsidiaries, "Royal Gold" or the "Company," "we" or "our") announced today that it has now received all governmental regulatory approvals required for the Company's previously announced acquisitions of Sandstorm Gold Ltd. ("Sandstorm" and the "Sandstorm Transaction") and Horizon Copper Corp. ("Horizon" and the "Horizon Transaction," and the Sandstorm Transaction and Horizon Transaction together, the "Transactions"). With respect to the Sandstorm Transaction, required approvals have been obtained under the Investment Canada Act , the Canadian Competition Act and the South African Competition Act . With respect to the Horizon Transaction, required approval has been obtained under the Canadian Competition Act . There are no further governmental regulatory approvals required for either Transaction. All holders of record of Royal Gold common stock as of the close of business on Friday, August 29, 2025, are 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. Leading proxy advisory firms, including Institutional Shareholder Services Inc. ("ISS"), have recommended that Royal Gold stockholders vote "FOR" the proposals related to the Sandstorm Transaction. Sandstorm is scheduled to hold a shareholder meeting on October 9, 2025 to seek approval of the Sandstorm Transaction. The Board of Directors of Sandstorm unanimously (with a director having a disclosable interest abstaining from voting) recommends that Sandstorm shareholders vote "FOR" the special resolution approving the proposed arrangement with Royal Gold, and Sandstorm has reported that ISS and other similar advisory firms recommend that Sandstorm shareholders vote "FOR" the special resolution approving the Sandstorm Transaction. 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, and the listing of shares of Royal Gold's stock to be issued in the Transaction on Nasdaq. Subject to the satisfaction or waiver of the closing conditions, it is anticipated that the Sandstorm Transaction will close early in the fourth quarter of 2025. Horizon is scheduled to hold a meeting of its securityholders on October 9, 2025 to seek approval of the Horizon Transaction. The Board of Directors of Horizon unanimously (with two directors having disclosable interests abstaining from voting) recommends that Horizon securityholders vote "FOR" the special resolutions approving the proposed arrangement with Royal Gold, and Horizon has reported that ISS and other similar advisory firms recommended that Horizon securityholders vote "FOR" the special resolution approving the Horizon Transaction. The completion of the Horizon Transaction is subject to customary closing conditions, including, without limitation, the approvals by Horizon's securityholders described above and the approval of the Supreme Court of British Columbia. Subject to the satisfaction or waiver of the closing conditions, it is anticipated that the Horizon Transaction will close early 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, roy

View Full Filing

View this DEFA14A filing on SEC EDGAR