Royal Gold restructures Hod Maden project with reduced equity, new royalty
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Royal Gold Announces Restructuring of Hod Maden Project Interests
May 18, 2026 5:00 PM EDTDENVER--(BUSINESS WIRE)-- Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, Royal Gold, the Company, we, us, or our) announced today the restructuring of our ownership in Artmin Madençilik (Artmin), the joint venture company that owns 100% of the Hod Maden Project (the Project). The restructuring includes a 50% reduction in Royal Golds direct equity ownership in Artmin (from 30% to 15%), the grant to Royal Gold of a new effective 2.5% net smelter return (NSR) royalty interest over the Project (the New RG Royalty), and certain rights pertaining to a new royalty interest being granted to SSR Mining, Inc. (SSR) over the... More
