Royal Gold Announces Closing of Pablo Viejo Stream Transaction

On September 29th, 2015 Royal Gold Inc. announced Precious Metals Purchase and Sale Agreement with Barrick Gold Corporation to purchase an amount of gold and silver linked to production from Barrick’s 60% interest in the Pueblo Viejo mine in the Dominican Republic. (Pablo Viejo, Dominican Republic).

In agreeing to this deal, Royal Gold Inc. made a whopping $610 million.Royal Gold will sell the gold and silver after receiving each quarterly delivery, and will recognize revenue from the sale of delivered gold and silver after the sale has occurred.

Barrick Gold Corporation located in Pablo Viejo, Dominican Republic

http://www.businesswire.com/news/home/20150929006881/en/Royal-Gold-Announces-Closing-Pueblo-Viejo-Stream