Royal Gold Provides US$60M Funding to Chieftain Metals Inc.

Acted for Royal Gold, Inc. and its Swiss subsidiary RGLD Gold AG, in its negotiation of a gold and silver purchase agreement with Chieftain Metals Inc.

Matter Value: US 60,000,000

Davis LLP acted for Royal Gold, Inc. and its Swiss subsidiary RGLD Gold AG, in its negotiation of a gold and silver purchase agreement with Chieftain Metals Inc. relating to gold and silver to be produced from Chieftain Tulsequah Chief Mine in northern British Columbia. Under the gold and silver purchase agreement, which closed December 22, 2011, Royal Gold will be entitled to a portion of the gold and silver produced from the mine for a total consideration of $US60 million. The Davis team was led by Robert Groves with the assistance of Robert Swift and Macauley Deck.

Related Lawyers

Macauley Deck
604.643.6323

Robert Groves
604.643.2927

Robert Swift
604.643.2974

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  • Canada