Royal Gold, Inc. · NASDAQ:RGLD
Royal Gold — Merger or Acquisition (July 2022)
10 slides from Royal Gold's merger presentation, Jul 11, 2022
Slide 1: Royal Gold to Acquire Great Bear Royalties Corp.
Royal Gold to Acquire Great Bear Royalties Corp. High quality royalty on emerging Great Bear Project adds long-term duration, scale and optionality to the Royal Gold portfolio July 11, 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: Acquisition Meets Royal Gold's Investment Criteria
Acquisition Meets Royal Gold’s Investment Criteria The Great Bear Royalty is a unique opportunity to add an emerging world-class project to the Royal Gold portfolio • Kinross is a well-capitalized, reputable and top tier operator with deep technical resources People • Royal Gold and Kinross have f
Slide 4: Transaction Overview
Transaction Overview Proposed • International Royalty Corporation (“IRC”), a wholly-owned subsidiary of Royal Gold, Inc., to acquire Transaction 100% of Great Bear Royalties Corp. (“GBR”) common shares • The sole material GBR asset is a 2.0% NSR Royalty (the “Royalty”) on the Great Bear Project • To
Slide 5: Royalty Overview
Royalty Overview NSR royalty provides straightforward life of mine exposure to the entire Great Bear Project 2.0%1 Net Smelter Return royalty: • Life of mine without stepdowns or caps (except for Kinross option1) • Covers entirety of 9,140 ha Great Bear Project land package • Will be payable quarter
Slide 6: Great Bear Project Overview
Great Bear Project Overview Kinross has identified multiple zones of high-grade mineralization across the property • 5 high-grade gold discoveries identified • > 340,000m of drilling in 794 drill holes prior to the acquisition by Kinross in early 2022 • Kinross expects to complete a further 200,000m
Slide 7: Kinross Development Plan for Great Bear Project
Kinross Development Plan for Great Bear Project LP Fault Zone to form the basis of the conceptual development plan Kinross conceptual development plan: • LP Fault Zone drilling has identified gold mineralization along 10.8km of strike length to a depth of 786m in some areas • High-grade open pit fol
Slide 8: Great Bear Project Long Term Potential
Great Bear Project Long Term Potential Kinross is conducting a comprehensive exploration and development program to support its vision of a large, long- life mining complex Kinross 3-pronged plan to demonstrate overall longer- term potential: i. 200,000m of planned drilling in 2022 at the LP Fault Z
Slide 9: The Great Bear Royalty is a High-Quality Acquisition
The Great Bear Royalty is a High-Quality Acquisition The Great Bear Royalty layers in long term duration, scale and optionality to the Royal Gold portfolio Kinross is a top tier operator with a record of responsibly and People sustainably developing projects Ontario is a low-risk and stable jurisd
Slide 10: Contact details
Tel. 303.573.1660 investorrelations@royalgold.com www.royalgold.com