Royal Gold to Sell Versamet Shares and Apply Proceeds to Debt Repayment
Core Viewpoint - Royal Gold has announced the decision to sell its shares in Versamet and intends to use the proceeds for debt repayment [1] Group 1 - The sale of Versamet shares is part of Royal Gold's strategy to manage its financial obligations [1] - The company aims to strengthen its balance sheet by applying the proceeds from the sale towards reducing debt [1] - This move reflects Royal Gold's commitment to maintaining financial stability and optimizing its capital structure [1]