Royal Gold, Inc. Announces Resignation of Christopher Thompson from the Board of Directors, Effective on November 18, 2020
September 17, 2020 at 04:17 pm
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Royal Gold, Inc. announced on September 16, 2020 announced that Christopher Thompson notified the company of his intention not to stand for reelection to the Board of Directors at the annual stockholders’ meeting on November 18, 2020, and to retire from the Board on that date. The Board is engaged in a search process and plans to nominate a replacement candidate to the Board for election at the annual stockholders’ meeting.
Royal Gold, Inc. is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. The Company's segments include Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. The Acquisition and Management of Stream Interests segment includes a metal stream, which is a purchase agreement that provides the right to purchase all or a portion of one or more metals produced from a mine, at a price determined for the life of the transaction by the purchase agreement. The Acquisition and Management of Royalty Interests segment includes non-operating interests in mining projects that provide the right to revenue or metals produced from the project after deducting specified costs, if any. The Company owns interests on approximately 178 properties on five continents, including interests on 37 producing mines and 22 development stage projects.