---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-014545"
form_type: "8-K"
ticker: "RGLD"
cik: "0000085535"
company_name: "ROYAL GOLD INC"
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T20:54:35.502086+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-23-014545
- form_type: 8-K
- ticker: RGLD
- cik: 0000085535
- company_name: ROYAL GOLD INC
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/85535/000155837023014545/0001558370-23-014545-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/85535/000155837023014545/rgld-20230810x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-014545
- JSON: https://secwatch.observer/filing/0001558370-23-014545.json
- Plain text: https://secwatch.observer/filing/0001558370-23-014545.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.