DENVER, Jan. 22 /CNW/ -- ROYAL GOLD, INC. (Nasdaq: RGLD; TSX: RGL), the
leading precious metals royalty company, today announced the expansion of
their Board of Directors from eight to nine members, and the election of
William Hayes to fill the newly created position.
Mr. Hayes spent much of his career with large international companies. He
was with Placer Dome Inc. ("Placer") for 18 years where he first served in
senior operational, corporate and finance roles in Chile and Canada. Later he
served as Placer's Executive Vice President for Latin America and the United
States. Before his service with Placer, he worked at Exxon Corporation in
various domestic and international finance positions. Mr. Hayes received B.A.
and M.A. degrees in International Management from the American Graduate School
of International Management and also completed an undergraduate degree in
Political Science from the University of San Francisco.
Mr. Hayes currently serves as a member of the Board of Directors for
Antofogasta PLC, a large copper mining and rail services and water
distribution company with primary operations in Chile, Bolivia and Peru. He
also serves as a Director for Tethyan Copper Company (Pakistan) and is an
advisor to the Calista Native Corporation in Alaska.
Stanley Dempsey, Executive Chairman of the Board, commented, "We are
pleased to have Bill Hayes join our board. His global background in mining
and finance will be a great complement to the Board as we continue to build a
diversified portfolio of precious metal royalty assets."
Royal Gold is a precious metals royalty company engaging in the
acquisition and management of precious metal royalty interests. Royal Gold is
publicly traded on the NASDAQ Global Select Market under the symbol "RGLD,"
and on the Toronto Stock Exchange under the symbol "RGL." The Company's web
page is located at http://www.royalgold.com.
For further information:
For further information: Karen Gross, Vice President & Corporate
Secretary of Royal Gold, Inc., +1-303-573-1660 Web Site: