DENVER, CO, May 14 /CNW Telbec/ - 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
Other directors re-elected to IRC's board include:
Douglas B. Silver
Douglas J. Hurst
Robert W. Schafer
Gordon J. Fretwell
Rene G. Carrier
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
For further information:
For further information: Jack Perkins, Director of Investor Relations,
(303) 991-9500; Douglas B. Silver, Chairman and CEO, (303) 799-9020;
firstname.lastname@example.org; www.internationalroyalty.com; Renmark Financial
Communications Inc.: Barbara Komorowski, email@example.com;
Christine Stewart, firstname.lastname@example.org; Montreal: (514) 939-3989,
Fax: (514) 939-3717; Toronto: (416) 644-2020, Fax: (416) 644-2021;