EX-21.1 2 a2225603zex-21_1.htm EX-21.1
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EXHIBIT 21.1

Royal Gold, Inc. and its Subsidiaries
As of June 30, 2015

Name |  | State/Country of Incorporation |  | Ownership Percentage
--- | --- | --- | --- | ---
Royal Gold, Inc. |  | Delaware, USA |  |
Denver Mining Finance Company, Inc.* |  | Colorado, USA |  | 100%
Crescent Valley Partners LP |  | Colorado, USA |  | Limited Partner
High Desert Mineral Resources, Inc. |  | Delaware, USA |  | 100%
DFH Co. of Nevada |  | Nevada, USA |  | 100%
Gold Ventures, Inc. |  | Nevada, USA |  | 100%
RG Finance (Barbados) Limited |  | Barbados |  | 100%
RG Mexico, Inc. |  | Delaware, USA |  | 100%
RGLD Gold AG |  | Switzerland |  | 100%
RGLD Holdings, LLC |  | Delaware, USA |  | 100%
RGLD Gold (Canada) Inc. |  | Canada |  | 100%
RG Exchangeco Inc. |  | Canada |  | 100%
International Royalty Corporation |  | Canada |  | 100%
4324421 Canada Inc. |  | Canada |  | 100%
Voisey's Bay Holding Corporation |  | Newfoundland |  | 100%
Canadian Minerals Partnership |  | Canada |  | 100%
Labrador Nickel Royalty Limited Partnership |  | Canada |  | 90%
McWatters Mining Inc. |  | Canada |  | 100% common shares
Sigma-Lamaque Management Inc. |  | Canada |  | 100%
Sigma-Lamaque LP |  | Canada |  | 100%
1809391 Alberta ULC |  | Alberta |  | 100%
RGLD Precious Metals GmbH |  | Switzerland |  | 100%
Royal Crescent Valley, Inc. |  | Nevada, USA |  | 100%
Royal Gold Chile Limitada |  | Chile |  | 100%
Royal Alaska, LLC |  | Delaware, USA |  | 100%

*
  Denver Mining Finance Company, Inc. is the General Partner of the Crescent Valley Partners LP

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EXHIBIT 21.1

Royal Gold, Inc. and its Subsidiaries As of June 30, 2015