ROYAL RESOURCES &lt;RRCO> SETS VOTE ON SALE

  Royal Resources Corp said its board set
  an April 21 a shareholders' meeting to vote on the sale of its
  oil and gas properties for 3,650,000 dlrs, an increase in
  authorized common to 20 mln shares from 15 mln and the change
  of the company's name to Royal Gold Inc.
      The company has agreed to sell its oil and gas properties
  to &lt;Victoria Exploration N.L.> of Perth, Western Australia.
      Royal Resources also said the sale of its interest in two
  gold properties -- the Colosseum Mine in San Bernardino County,
  Calif., and the Camp Bird mine near Ouray, Colo. -- was closed
  on February 27. The company said it received 4.4 mln dlrs and
  cancellation of the remaining balance due on the acquisition of
  the interest, adding this represents 2.5 mln dlrs more than it
  paid for the interest.
  

