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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) December 13, 1995
ROYAL GOLD, INC.
(exact name of registrant as specified in its charter)
Delaware 0-5664 84-0835164
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(State of (Commission (IRS Employer
incorporation) File Number) Identification No.)
1660 Wynkoop Street, Suite 1000, Denver, CO 80202-1132
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 303-573-1660
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Item 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT
On December 7, 1995, the stockholders of Royal Gold, Inc.
(the "Registrant"), ratified the Board of Directors recommendation
from the Registrant's Audit Committee that the Registrant would
engage Coopers & Lybrand, rather than Williams Richey & Co., as the
principal accountants to audit the Registrant's financial
statements as of June 30, 1995, for fiscal year 1996. The primary
reason for the Registrant's change in auditors is because of the
Company's international exploration programs. In addition to audit
services, Coopers & Lybrand will render certain non-audit services
to the Company, including tax advice. For the past four fiscal
years, and during the interim period up to the date of dismissal,
Williams Richey & Co. had been engaged as the principal accoun
tants to audit the Registrant's financial statements, and in each
of those past fiscal years, Williams Richey & Co.'s report on the
financial statements of the Registrant contained no adverse opinion
or disclaimer of opinion nor was it qualified as to uncertainty,
audit scope, or accounting principles.
During the Registrant's past three fiscal years, and during
the intermim period up to the date of dismissal, there were no
disputes, disagreements, or discrepancies between the Registrant
and Williams Richey & Co. on any matter of accounting principles or
practices, fiancnial statement disclosure, or auditing scope or
procedure.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
1. Letter from Williams Richey & Co., dated
December 11, 1995.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
ROYAL GOLD, INC.
(Registrant)
Date: December 13, 1995 By: //s//
Stanley Dempsey
Chairman
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WILLIAMS RICHEY & CO.
December 11, 1995
Mr. Stanley Dmepsey
Chief Executive Officer
Royal Gold, Inc.
1660 Wynkoop Street, Suite 1000
Denver, CO 80202
This is to confirm that the client-auditor relationship between
Royal Gold, Inc. (Commission File Number 0-5664) and Williams,
Richey & Co., P.C. has ceased.
Yours very truly,
WILLILAMS, RICHEY & CO., P.C.
//s//
Keith May
Certified Public Accountant
cc: Office of the Chief Accountant
SECPS Letter File
Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street, N.W.
Washington, D.C. 20549
950 SOUTH CHERRY STREET, SUITE 918, DENVER, COLORADO 80202
303/759-3733, FAX: 303/759-1168