On the Record · Royal Gold

Royal Gold acquisitions, on the record

The businesses Royal Gold bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Cortez Complex royalty interests (Idaho Royalty) Word for word“On December 29, 2022, we acquired two portions of a gross smelter return royalty (the “Idaho Royalty”) that together cover a large area including the Cortez mine operational area and the entirety of the Fourmile development project in Nevada (the “Cortez Complex”) from certain holders who are successors in interest to Idaho Mining Corporation for cash consideration of $ 204.1 million.” 10-K for 2023	acquisition	On December 29, 2022	204.1 million
Cactus Project royalty Word for word“On December 31, 2024, RG Royalties, LLC, a wholly-owned subsidiary of Royal Gold, acquired two royalties for cash consideration of $55 million that constitute an aggregate 2.5% net smelter return ("NSR") royalty (the “Cactus Royalty”) on the Cactus Project from a private seller.” 10-K for 2024	acquisition	December 31, 2024	$55 million
Sandstorm Gold Ltd. and Horizon Copper Corp Word for word“We acquired all the issued and outstanding common shares of Sandstorm Gold Ltd. and Horizon Copper Corp for $4.148 billion.” 10-K for 2025	acquisition	—	$4.148 billion

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)
2023-12-31	$0
2024-12-31	$0
2025-12-31	$411.3 million

Deal filings since 2016

2025-10-21 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2025-07-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-03-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-02-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-08-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-07-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-06-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-01-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-06-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-06-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-10-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-07-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-07-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-03-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Royal Gold’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.