EX-21.1 3 rgld-20231231xex21d1.htm EX-21.1

EXHIBIT 21.1

Royal Gold, Inc. and its Subsidiaries

As of December 31, 2023

​ | ​ | ​ | ​ | ​ | ​
Name |  | State / Province / Country of Incorporation |  | Ownership Percentage | ​
Royal Gold, Inc. | ​ | Delaware | ​ | ​ |
Denver Mining Finance Company, Inc. | ​ | Colorado | ​ | 100 | %
Crescent Valley Partners, L.P. | ​ | Colorado | ​ | 93.08 | %
Royal Crescent Valley, LLC | ​ | Delaware | ​ | 100 | %
RG Royalties, LLC | ​ | Delaware | ​ | 100 | %
RG Goldrush, LLC | ​ | Delaware | ​ | 100 | %
RGLD Holdings, LLC | ​ | Delaware | ​ | 100 | %
RGLD Gold (Canada) ULC | ​ | Alberta | ​ | (1) | ​
International Royalty Corporation | ​ | Canada | ​ | 100 | %
4324421 Canada Inc. | ​ | Canada | ​ | 100 | %
Labrador Nickel Royalty Limited Partnership | ​ | Ontario | ​ | 90 | %
Great Bear Royalties Corp. (2) | ​ | British Columbia | ​ | 100 | %
​ | ​ | ​ | ​ | ​ | ​
Royal Gold International Holdings, Inc. | ​ | Delaware | ​ | 100 | %
RGLD UK Holdings Limited | ​ | United Kingdom | ​ | 100 | %
RGLD Gold AG | ​ | Switzerland | ​ | 100 | %
Royal Gold Corporation | ​ | Canada | ​ | 100 | %

​

(1) | Royal Gold, Inc. owns approximately 20.71% and RGLD Holdings, LLC owns approximately 79.29% of RGLD Gold (Canada) ULC.

(2) | On September 9, 2022, 1370553 B.C. Ltd., a newly created wholly owned subsidiary of International Royalty Corporation, acquired 100% of Great Bear Royalties Corp. On January 1, 2023, Great Bear Royalties Corp. was amalgamated into 1370553 B.C. Ltd., and the name of 1370553 B.C. Ltd. was changed to Great Bear Royalties Corp (the “Surviving GBR”). On January 1, 2024, Surviving GBR was amalgamated into International Royalty Corporation.