Royal Gold, Inc. 4,000,000 Shares Common Stock (par value $0.01 per share) Underwriting Agreement New York, New York January 10, 2012Underwriting Agreement • January 12th, 2012 • 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 Goldman, Sachs & Co. (the “Underwriter”) 4,000,000 shares of common stock, par value $0.01 per share (“Common Stock”), of the Company (said shares to be issued and sold by the Company being hereinafter called the “Securities”). Any reference herein to the Registration Statement, the Base Prospectus, any Preliminary Prospectus or the Final Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed under the Securities Exchange Act of 1934, as amended, on or before the Effective Date of the Registration Statement or the issue date of the Base Prospectus, any Preliminary Prospectus or the Final Prospectus, as the case may be; and any reference herein to the terms “amend,” “amendment” or “supplement” with respect to the Registration Statement, the Base Prospectus, any Preliminary Prospectus or the
