Royal Gold, Inc. · NASDAQ:RGLD
Royal Gold — Merger or Acquisition (August 2022)
10 slides from Royal Gold's merger presentation, Aug 2, 2022
Slide 1: Royal Gold Acquires Additional Cortez Royalty
Royal Gold Acquires Additional Cortez Royalty Further exposure to the world-class Cortez Complex provides multi-decade gold revenue potential August 2, 2022
Slide 2: Cautionary Statements
Cautionary Statements Forward-Looking Statements: This presentation includes “forward-looking statements” within the meaning of U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements are not guarantees of futur
Slide 3: Cortez Royalty Acquisition Meets Royal Gold's Investment Criteria
Cortez Royalty Acquisition Meets Royal Gold’s Investment Criteria The Cortez Royalty is a world-class royalty interest covering a world-class gold mining complex • Nevada Gold Mines LLC (“NGM”) is a joint venture between Barrick Gold Corporation (“Barrick”) People (61.5% ownership and operator) an
Slide 4: Royalty Transaction Overview
Royalty Transaction Overview Transaction • Royal Gold, Inc., acquired an effective 1.2% gross royalty on the Cortez Complex from a wholly- Details owned subsidiary of Rio Tinto European Holdings Limited (“Rio Tinto”) Consideration • $525 million paid in cash from available resources including a draw
Slide 5: Cortez Complex Royalty Overview
Cortez Complex Royalty Overview Gross royalty provides life of mine exposure to a large, established and prospective mining complex 1.2%1 gross royalty: • Life of mine without stepdowns or caps • Royalty covers areas within the Cortez JV AOI and includes: • Operating mines: Crossroads, Pipeline and
Slide 6: The Cortez Complex has a History of Resource and Production Growth
The Cortez Complex has a History of Resource and Production Growth Resource additions through deposit expansions and new discoveries have consistently replaced mining depletion • Production commenced in 1969, >26M oz of gold has been produced to date • Resource replacement has been significant from
Slide 7: Royal Gold has a Long and Profitable History at Cortez
Royal Gold has a Long and Profitable History at Cortez Cortez is a cornerstone asset for Royal Gold and since 1995 has contributed significant royalty revenue that has provided capital to reinvest, grow and diversify Royal Gold’s portfolio 1987: 1992: 1999: 2016: Royal Gold forms Royal Gold acquires
Slide 8: Further Exploration Potential Exists within the Cortez Complex
Further Exploration Potential Exists within the Cortez Complex Excellent potential within Royalty area for new discoveries in both near-mine and regional settings • Near mine targets include: • Strike extensions of Goldrush and Fourmile • Depth potential of repeating stratigraphy • District scale ta
Slide 9: Recent Transactions Enhance Royal Gold Portfolio
Recent Transactions Enhance Royal Gold Portfolio Our strategic objective is to add high quality precious metals assets with significant growth potential that further strengthen and diversify the Royal Gold portfolio • Since June 30, 2021, Royal Attributes of Recent Acquisitions Enhance Royal Gold Po
Slide 10: Tel. 303.573.1660 investorrelations@royalgold.com www.royalgold.com
Tel. 303.573.1660 investorrelations@royalgold.com www.royalgold.com