DENVER, July 6 /CNW/ -- ROYAL GOLD, INC.
(Nasdaq: RGLD; Toronto: RGL), the world's leading precious metals royalty
company, today announced its inclusion in the new NASDAQ Global Select Market.
According to NASDAQ, the Global Select Market ("NGS") has the highest initial
listing standards of any exchange in the world based on financial and
liquidity requirements. Prior to the change, the company had been listed on
the NASDAQ National Market.
"I am extremely pleased to announce that Royal Gold has met the high
standards for inclusion in the NASDAQ Global Select Market. This acknowledges
our strong operating model and solid financial position," stated Tony Jensen,
President and Chief Executive Officer of Royal Gold. "We are the leader in
our industry and our inclusion in the NGS is further validation of our solid
position in the broader marketplace."
Beginning July 3, NASDAQ-listed companies will be classified under three
listing tiers: NASDAQ Global Select Market; NASDAQ Global Market; and NASDAQ
Capital Market. NASDAQ also plans to launch indexes based on these new tiers.
"Royal Gold is an industry leader that has achieved superior listing
standards, making them a perfect fit for the NASDAQ Global Select Market,"
said Bruce Aust, Executive Vice President, Corporate Client Group.
Royal Gold, Inc. is a precious metals royalty company engaging in the
acquisition and management of precious metals royalty interests. Royal Gold
is publicly traded on NASDAQ (Global Select Market), under the symbol "RGLD,"
and on the Toronto Stock Exchange under the symbol "RGL." The Company's web
page is located at www.royalgold.com.
