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ROYAL GOLD INC Director's Dealing 2011

Nov 14, 2011

30473_dirs_2011-11-14_850b8483-322f-4127-bd67-8781e43fc8e5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL GOLD INC (RGLD)
CIK: 0000085535
Period of Report: 2011-11-09

Reporting Person: DEMPSEY STANLEY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-09	Common Stock	S	5000	$80.1	Disposed	118988	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2293	Indirect
Common Stock	4100	Indirect

Footnotes

F1: Sale made pursuant to a 10b5-1 trading plan.

F2: The range of the weighted average sale price was: 3,100 shares were sold from $79.20 to $80.12, 1,500 shares were sold from $80.23 to $80.75, and 400 shares were sold from $81.12 to $81.35.

F3: Includes 2,000 shares of restricted stock that have not yet vested.