RGLD Royal Gold Inc

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of

the Securities Exchange Act of 1934

 

 

Date of Report (Date of earliest event reported): January 6, 2016

 

 

ROYAL GOLD, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware		001-13357		84-0835164
(State or other jurisdiction		(Commission		(IRS Employer
of incorporation)		File Number)		Identification No.)

 

 

1660 Wynkoop Street, Suite 1000, Denver, CO		80202-1132
(Address of principal executive offices)		(Zip Code)

 

 

Registrant’s telephone number, including area code: 303-573-1660

 

 

 (Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

  

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Item 7.01     Regulation FD Disclosure.

 

On January 6, 2016, the Company announced stream sales for its fiscal 2016 second quarter ended December 31, 2015.

 

The Company also announced its fiscal 2016 second quarter earnings call on February 4, 2016 at noon Eastern Standard Time.

 

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information furnished under this Item 7.01, including the exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by reference to such filing.

 

Item 9.01     Financial Statements and Exhibits.

 

(d)

Exhibits

 

Exhibit No.		Description
99.1		Press Release dated January 6, 2016 Providing an Update on Q2 2016 Stream Sales.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

	Royal Gold, Inc.
	(Registrant)
Dated:  January 7, 2016	By:	/s/ Bruce C. Kirchhoff
		Name:	Bruce C. Kirchhoff
		Title:	Vice President, General Counsel and Secretary

 

EXHIBIT INDEX

 

Exhibit No.		Description
99.1		Press Release dated January 6, 2016 Providing an Update on Q2 2016 Stream Sales.

 

 

 

Exhibit 99.1

 

 

 

 

 

Royal Gold Provides Update on Fiscal 2016 Second Quarter Stream Sales and Announces Earnings Call

 

 

DENVER, COLORADO.  JANUARY 6, 2016:  ROYAL GOLD, INC.  (NASDAQ:RGLD; TSX: RGL) (together with its subsidiaries, “Royal Gold” or the “Company”) today announced stream sales for its fiscal 2016 second quarter ended December 31, 2015. Sales from Royal Gold’s stream segment contributed more than half of Royal Gold’s total revenue in its first fiscal quarter 2016.

 

The Company reports that its wholly owned subsidiary RGLD Gold AG sold approximately 61,500 ounces of gold related to its streaming agreements, at an average realized gold price of $1,094 per ounce in the second fiscal quarter. The Company had approximately 25,700 ounces of gold in inventory at December 31, 2015. RGLD Gold AG’s average cost of sales for the second fiscal quarter was approximately $370 per stream ounce. Cost of sales is specific to our stream agreements and is the result of the Company’s purchases of gold for a cash payment of a set contractual price, or the prevailing market price of gold when purchased.

 

Stream Segment (does not include royalties)	Gold Ounces Sold	Average Realized Gold Price/Ounce		Gold Ounces In Inventory
Three Months Ended September 30, 2015	33,758	$1,121	As of September 30, 2015	11,481
Three Months Ended December 31, 2015	61,500	$1,094	As of December 31, 2015	25,700

 

Royal Gold’s second quarter results will be released before the market opens for trading on Thursday, February 4, 2016, followed by a conference call that day at noon Eastern Standard Time (10:00 a.m. Mountain Standard Time).  The call will be webcast and archived on the Company’s website for a limited time.

 

Fiscal 2016 Second Quarter Earnings Call Information:

 

	Dial-In Numbers:	855-209-8260 (U.S.); toll free
		855-669-9657 (Canada); toll free
		412-542-4106 (International)
	Conference Title:	Royal Gold
	Webcast URL:	www.royalgold.com under Investors, Events & Presentations

 

About Royal Gold

 

Royal Gold is a precious metals royalty and stream company engaged in the acquisition and management of precious metal royalties, streams and similar production based interests.  The Company owns interests on 197 properties on six continents, including interests on 39 producing mines and 23 development stage projects. Royal Gold is publicly traded on the NASDAQ Global Select Market under the symbol “RGLD,” and on the Toronto Stock Exchange under the symbol “RGL.” The Company’s website is located at www.royalgold.com.

 

For further information, please contact:

 

Karli Anderson

Vice President Investor Relations

(303) 575-6517