NYSE-A: ROY
    TSX: IRC

DENVER, CO, May 14 /PRNewswire-FirstCall/ - International Royalty Corporation (NYSE-A: ROY, TSX: IRC) (the "Company" or "IRC") announces that Christopher L. Verbiski was appointed and elected to its board of directors at IRC's Annual General Meeting held May 13, 2009.

Mr. Verbiski is President and Chief Executive Officer of Coordinates Capital, a private natural resource investment firm. He is best known for co-discovering the world-class Voisey's Bay orebody, currently operated by Vale Inco. IRC owns an effective 2.7% NSR royalty on the Voisey's Bay project. With the addition of Mr. Verbiski to the board, the management and board of IRC now hold approximately 18% of the total shares outstanding of the Company. Additionally, non-Company insiders hold approximately 6% of the Company's shares.

    Other directors re-elected to IRC's board include:

    Douglas B. Silver
    Douglas J. Hurst
    Robert W. Schafer
    Gordon J. Fretwell
    Rene G. Carrier
    Christopher Daly
    Gordon J. Bogden

International Royalty Corporation

International Royalty Corporation (IRC) is a global mineral royalty company. IRC holds more than 85 royalties including an effective 2.7% NSR on the Voisey's Bay mine, a sliding-scale NSR on the Pascua gold project in Chile, a 1.5% NSR on the Las Cruces copper project in Spain and a 1.5% NSR on approximately 3.0 million acres of gold lands in Western Australia. IRC is senior listed on the Toronto Stock Exchange (TSX: IRC) as well as the NYSE - Amex (NYSE-A: ROY).

    On behalf of the Board of Directors,
    INTERNATIONAL ROYALTY CORPORATION

    Douglas B. Silver
    Chairman and CEO

SOURCE INTERNATIONAL ROYALTY CORPORATION