11:48 AM EST - Royal Gold Inc. : said the company and International Royalty Corp. or IRC obtained an Interim Order from the Ontario Superior Court of Justice approving the calling, holding and conducting of a special meeting of the IRC shareholders to consider the Plan of Arrangement between Royal Gold and IRC as announced on December 18, 2009, whereby Royal Gold would purchase all of the issued and outstanding shares of IRC. Under the Arrangement, IRC shareholders may elect to receive either $7.45 in cash or 0.1385 Royal Gold common shares or a combination of both, subject to a maximum of $350 million U.S. in cash and a maximum of 7.75 million Royal Gold shares. Also, the company added that it has entered into voting deals with IRC directors, senior officers, and several significant IRC shareholders who collectively represent about 34% of IRC Common Shares on a fully-diluted basis. Royal Gold Inc.
shares T.RGL are trading even at $48.50.
