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Royal Gold completes C$700 million cross-border purchase of International Royalty

Date Closed

February 22, 2010

Lead Office

Toronto

Value

700.00 Million CAD

On February 22, 2010, Royal Gold, a precious metals royalty company, completed its acquisition of all of the outstanding common shares of International Royalty, a global mineral royalty company, for a combination of cash and share consideration valued at approximately C$700 million.

McCarthy Tétrault LLP represented Royal Gold, the acquirer, with a team led by Graham Gow.

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