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