Sept 30 (Reuters) - Contango ORE Inc CTGO.PK :
* ROYAL GOLD INC - ENTERED INTO AGREEMENT TO SELL OWNERSHIP INTEREST IN PEAK GOLD PROJECT IN TOK, ALASKA & COMMON SHARE POSITION IN CONTANGO ORE
* ROYAL GOLD INC - DEAL FOR TOTAL CASH CONSIDERATION OF $61.3 MILLION AND INCREASED ROYALTY INTERESTS
* ROYAL GOLD INC - AFTER COMPLETION OF TRANSACTIONS PEAK GOLD PROJECT WILL BE OWNED 70% BY KINROSS AND 30% BY CONTANGO, WITH KINROSS AS PROJECT OPERATOR