NYSE-A:ROY TSX:IRC
IRC has provided written notice today to the NYSE Amex of the anticipated closing date of the Arrangement and requested NYSE Amex to file a Form 25 "Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934" with the SEC within a reasonable time after the Company has provided evidence of the closing. IRC anticipates that NYSE Amex will make this filing on or about
The decision by IRC to seek a delisting of its Common Shares from the NYSE Amex and a deregistration from the SEC is due to the anticipated closing of the previously announced Arrangement. IRC has not arranged for the listing and/or registration of its Common Shares on another national securities exchange or for quotation of its Common Shares in any other quotation medium following the delisting from the NYSE Amex, because it anticipates that
International Royalty Corporation ---------------------------------
IRC is a global mineral royalty company. IRC holds 85 royalties including an effective 2.7% NSR on the Voisey's Bay mine, a sliding scale NSR on the Chilean portion of the Pascua-Lama project, a 1.5% NSR on the Las Cruces project and a 1.5% NSR on approximately 3.0 million acres of gold lands in
On behalf of the Board of Directors, INTERNATIONAL ROYALTY CORPORATION Douglas B. Silver Chairman and CEO
Cautionary Statement Regarding Forward-Looking Statements
Some of the statements contained in this release are forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, such as statements regarding delisting of the Company's common shares from NYSE Amex, deregistering from the U.S. Securities and Exchange Commission and ceasing reporting under the Securities Exchange Act of 1934. In certain cases, forward-looking statements can be identified by the use of words or phrases such as "plans", "expects", "anticipates", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", or "does not anticipate", or "believes" or variations of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Since forward-looking statements are not statements of historical fact and address future events, conditions and expectations, forward-looking statements inherently involve unknown risks, uncertainties, assumptions and other factors well beyond IRC's ability to control or predict, including, without limitation, the risk that the Arrangement may not be completed or, if the Arrangement is completed, uncertainties regarding the combinationof IRC and
SOURCE INTERNATIONAL ROYALTY CORPORATION