Royal Gold updates on Serrote/Santa Rita royalty acquisition; ACG deal may not close by Aug 18

ROYAL GOLD INC

ACG continues discussing transaction structure improvements with anchor investors and Appian, but no agreement reached yet.
If no agreement, ACG's acquisition of entities owning Serrote and Santa Rita mines will not complete.
Long-stop date is August 18, 2023; after which either ACG or Appian may terminate the acquisition agreement.
Royal Gold's potential acquisition of royalties on these mines is contingent on completion of the ACG deal.

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