Royal Gold, Inc. 1,000,000 Shares of 7.25% Mandatory Convertible Preferred Stock (par value $0.01 per share) Underwriting Agreement New York, New York November 5, 2007Underwriting Agreement • November 6th, 2007 • Royal Gold Inc • Mineral royalty traders • New York
Royal Gold, Inc., a corporation organized under the laws of Delaware (the “Company”), proposes to sell to the several underwriters named in Schedule I to this Agreement (the “Underwriters”), for whom you are acting as representative (the “Representative”), 1,000,000 shares of 7.25% mandatory convertible preferred stock, par value $0.01 per share (the “Preferred Stock”), of the Company convertible into common shares, par value $0.01 per share (the “Common Stock”) of the Company (said shares to be issued and sold by the Company being hereinafter called the “Underwritten Securities”). The Company also proposes to grant to the Underwriters an option to purchase up to 150,000 additional shares of Preferred Stock to cover over-allotments (the “Option Securities”; the Option Securities, together with the Underwritten Securities, being hereinafter called the “Securities”). Any reference herein to the Registration Statement, the Base Prospectus, any Preliminary Prospectus or the Final Prospectu
