EX-21.1 15 rgld-20251231xex211royalgo.htm EX-21.1
EXHIBIT 21.1
Royal Gold, Inc. and its Subsidiaries
As of December 31, 2025

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 |  | 93.077 | %
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(1) |  | Alberta |  | 100 | %
International Royalty Corporation |  | Canada |  | 100 | %
4324421 Canada, Inc. |  | Canada |  | 100 | %
Labrador Nickel Royalty Limited Partnership |  | Ontario |  | 90 | %
1368445 B.C. Ltd |  | British Columbia |  | 100 | %
Inversiones Mineras Australes Holdings (BVI) Inc. |  | British Virgin Islands |  | 100 | %
Inversiones Mineras Australes S.A.(2) |  | Argentina |  | 100 | %
S.A. Targeted Investing Corp |  | Canada |  | 100 | %
Compania Minera Caserones |  | Chile |  | 67.5 | %
1363013 B.C. Ltd |  | British Columbia |  | 100 | %
Hod Maden Holdings Ltd |  | British Columbia |  | 100 | %
Mariana Resources Limited |  | Guernsey |  | 100 | %
Mariana Turkey Limited |  | Guernsey |  | 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 | %
Premier Royalty (U.S.A.) LLC |  | Delaware |  | 100 | %
Coral Resources, LLC |  | Nevada |  | 100 | %
Bridgeport Gold, LLC |  | Nevada |  | 100 | %
Sandstorm Metals & Energy (U.S.) LLC |  | Delaware |  | 100 | %

(1)Royal Gold, Inc. owns approximately 20.7078% and RGLD Holdings, LLC owns approximately 79.2922% of RGLD Gold (Canada) ULC.
(2)International Royalty Corporation owns approximately 5% and Inversiones Mineras Australes Holdings (BVI) Inc. owns approximately 95% of Inversiones Mineras Australes S.A.