UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| ||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Options (right to buy) | 03/05/2007 | 03/04/2008 | Common Stock | 16,774,192 | $ (1) | D | Â |
Stock Options (right to buy) | 03/05/2007 | 09/05/2007(2) | Common Stock | 16,582,940 | $ (3) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ROYAL GOLD INC 1660 WYNKOOP STREET SUITE 1000 DENVER, CO 80202-1132 |
 |  X |  |  |
Royal Gold, Inc. By: Karen Gross, Vice President and Corporate Secretary | 03/15/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The exercise price is equal to 0.016925 shares of Royal Gold common stock, par value $0.01 per share. |
(2) | The options may expire at an earlier date. See Remarks below. |
(3) | The minimum exercise prise is equal to 0.016925 shares of Royal Gold common stock, par value $0.01 per share. See Remarks below. |
 Remarks: Remarks: On 3/5/07, Royal Gold, Inc. entered into a Support and Option Agreement with Mark D. Kucher ("Kucher Support Agreement") in connection with the Acquisition Proposal.  Pursuant to the Kucher Support Agreement, Kucher granted Royal Gold an irrevocable option to purchase his Common Stock at an exercise price per share of 0.016925 shares of Royal Gold common stock.  Royal Gold's option to purchase Kucher's shares will terminate upon the twelve-month anniversary of the Support Agreement.  The Kucher Support Agreement is described in and included as an exhibit to the Schedule 13D filed by Royal Gold with the SEC on 3/15/07. On 3/5/07, Royal Gold, Inc. entered into a Support and Option Agreement with IAMGOLD Corporation ("IAMGOLD Support Agreement") in connection with Royal Gold entering into a letter agreement making a proposal to acquire 100% of the equity of Battle Mountain Gold Exploration Corp. ("Battle Mountain") accepted 2/28/07 ("Acquisition Proposal").   Pursuant to the IAMGOLD Support Agreement, IAMGOLD granted Royal Gold an irrevocable option to purchase its Common Stock at an option price per share equal to the greater of (i) 0.016925 shares of Royal Gold common stock, (ii) the per share consideration offered pursuant to a superior proposal to acquire Battle Mountain and (iii) the highest price paid by Royal Gold to any other shareholder of Battle Mountain at any time during the ninety days prior to the date that the shareholders of Battle Mountain approve the Acquisition Proposal.  Royal Gold's option to purchase IAMGOLD's shares will terminate, unless previously exercised, upon the earlier of (i) 9/5/07, (ii) five business days after Royal Gold is notified of a superior proposal and (iii) the date on which the IAMGOLD Support Agreement with IAMGOLD terminates.  The IAMGOLD Support Agreement is described in and included as an exhibit to the Schedule 13D filed by Royal Gold with the SEC on 3/15/07. |