Royal Gold (RGLD)

[Talldude]

RGLD's NSR on PGLC/RC mine was reduced from 4% to 2% by former SAGE(now PGLC) Pres David Rector, now CEO of Valor Gold.

In case RGLD-ites need memory refreshing, please check the following from back in 2011 and signed by Rector, Lawyer Alfer's immediate predecessor and now put out to pasture VGLD pres.

Sagebrush Gold Renegotiates Relief Canyon NSR With Royal Gold

Today : Monday 26 September 2011

Sagebrush Gold, Ltd. (OTCBB:SAGE) announced today the Company has renegotiated the existing Net Smelter Royalty ("NSR") on the Company's recently acquired Relief Canyon Gold Project in Pershing County, Nevada (see News Release dated Aug 31, 2011 for details of the Relief Canyon Gold Project). The NSR, held by Royal Gold, is now 2% rather than the original 4%.

Company President David Rector commented, "We are pleased to have negotiated the NSR down and believe that this will be of huge benefit to the shareholders upon commencement of gold production at the Relief Canyon Gold Project by Sagebrush Gold. With the recent additions to staff and management, Sagebrush Gold believes that we will be able to fast-track towards this goal."

About Sagebrush Gold, Ltd. (Now PGLC, and stripped of the uranium props plus misc pugalistic entertainment contracts, et al.)

Sagebrush Gold, Ltd. is a junior gold exploration company focused on searching for world class resources and seeking out potentially significant gold exploration and development targets in Nevada's leading gold districts.


Legal Notice and Safe Harbor Statement--blah blah blah

CONTACT: Sagebrush Gold, Ltd.
1640 Terrace Way
Walnut Creek, CA 94597

David Rector, President
877-705-9357

Barry Honig, Chairman
305-571-1000

email: [e-mail] (obviously now PGLC mailing info)
www.SagebrushGold.com (ditto)