PTG STUDIOS "In-Flight Entertainment Network" to highlight developments in mineral royalties featuring International Royalty Corporation
July 11, 2007, Deerfield Beach, FL – Platinum Television Group is pleased to announce that
International Royalty Corporation, will be featured on its innovative and educational In-Flight Entertainment Network program.
With the booming economies in China and India, there is an ever-increasing need for precious metals to build infrastructure. Unfortunately funding for advanced exploration, feasibility studies, mine development and mine site capital is often a major problem for many small and mid-size mining companies.
Royalty-based financing is a specialized technical and financial niche in the mining industry, which provides custom tailored methods for mining companies to acquire mine development and production expansion capital. One of the main benefits of royalty based financing is that a production royalty allows the miner to maintain 100-percent ownership in the mine. Royalty companies can provide the miner or exploration company with capital for improvement, expansion or purchase while also providing the necessary return on investment to both the miner or exploration company and the royalty group.
There are only a handful of mineral royalty companies in the world. Colorado-based International Royalties is currently the second largest based on market capitalization. They currently hold 60 royalties on more than 9 million acres of prospective ground, including large positions in some of the world's best mining districts.
Chairman and CEO of International Royalties says the firm is poised to provide a tremendous opportunity to investors. "Our quest to buy or create large, long-life royalties provides our investors with multiple opportunities for positive surprised over the next several decades, but without the headaches of large capital and operating costs. Our intention to pay a dividend and grow it over time provides an interesting investment for investors who believe in the long-term bull market for metals."
For more information on International Royalties, visit www.internationalroyalty.com.