Conyers Dill & Pearman provided Cayman law advice to Royal Gold, Inc.’s wholly-owned subsidiary, RGLD Gold AG on its US$130 million Gold Streaming Agreement with Golden Star Resources Ltd. to finance underground development projects at the Wassa and Prestea gold mines in Ghana.
Royal Gold, Inc. acquires and manages precious metal royalties and streams, with a primary focus on gold. RGLD Gold AG operates as a subsidiary of Royal Gold, Inc.
Charlie Pywell of Conyers’ Cayman office advised on the transaction alongside RGLD’s Canadian counsel, McCarthy Tétrault.