Welcome to our dedicated page for RLGD news (Ticker: RLGD), a resource for investors and traders seeking the latest updates and insights on RLGD stock.
The RLGD news page on Stock Titan aggregates coverage where Royal Gold Inc. (NASDAQ: RLGD) is referenced in connection with its subsidiary RG Royalties, LLC and that entity’s royalty interest in Arizona Sonoran Copper Company Inc.’s Cactus Project. In the supplied Business Wire releases, RG Royalties, LLC is described as a subsidiary of Royal Gold Inc. that holds a net smelter returns royalty on portions of this brownfield copper project.
News items linked to RLGD in this context focus on transactions where Arizona Sonoran Copper Company exercises contractual rights to buy down a portion of the net smelter returns royalties held by RG Royalties, LLC and another royalty holder. These articles describe agreed cash payments, the resulting reduction in the royalty percentages, and how those changes affect the aggregate net smelter returns royalty on the Cactus Project.
Investors following RLGD-related news can use this page to monitor references to Royal Gold Inc. in connection with the Cactus Project royalty structure, including announcements of royalty purchases, buy‑down options, and completed buy‑downs involving RG Royalties, LLC. Because the available materials center on Arizona Sonoran’s disclosures, the news flow here is primarily about how those royalty arrangements evolve over time and how RG Royalties, LLC is positioned within them.
Bookmark this page to see new articles where Royal Gold Inc. or RG Royalties, LLC are mentioned in relation to the Cactus Project and its royalty terms, as additional corporate or project updates are released by Arizona Sonoran Copper Company or other parties.
Arizona Sonoran Copper Company (OTCQX:ASCUF) has completed a strategic 0.64% buy-down of net smelter returns (NSR) royalties on its Cactus Project for a total of US$8.91 million. The transaction reduces the aggregate NSR percentage from 3.18% to 2.54%.
The buy-downs were executed through two separate transactions: US$7.0 million paid to Royal Gold to reduce their NSR from 2.5% to 2.0%, and US$1.91 million paid to Elemental Altus to reduce their NSR from 0.68% to 0.54%. According to management, this strategic move aims to enhance shareholder value and reduce economic encumbrance as the company progresses toward project financing.
Arizona Sonoran Copper (OTCQX:ASCUF) has announced the exercise of rights to buy-down 0.64% of net smelter returns royalties on its Cactus Project for a total payment of US$8.91 million. The transaction reduces the aggregate NSR percentage from 3.18% to 2.54%.
The buy-downs involve payments of US$7.0 million to Royal Gold to reduce their royalty from 2.5% to 2.0%, and US$1.91 million to Elemental Altus to reduce their royalty from 0.68% to 0.54%. The transaction is expected to close around August 12th, 2025.
This strategic move follows other recent royalty reductions, including the vacation of two historic ASARCO royalties and a January buydown of the BCE Property royalty. The company recently completed a $51.75 million bought deal financing and aims to reach Final Investment Decision by Q4 2026.
Arizona Sonoran Copper Company (ASCUF) announces that Royal Gold's subsidiary RG Royalties has acquired a 2.5% net smelter royalty (NSR) on part of the Cactus Project from Tembo Capital for US$55 million. ASCU maintains the right to buy back 0.5% of this NSR for US$7 million by July 10, 2025.
The company also holds a buyback option for 0.14% of Elemental Altus' 0.68% NSR for US$1.9 million by July 10, 2025, which could reduce the overall combined NSR to 2.54%. The original NSR arrangement was established in 2020 when Tembo Capital fund purchased the 2.5% NSR as part of a larger 3.18% NSR financing with Resource Capital Funds.