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The Royal Canadian Mint and Royal Australian Mint Entered into a Collaboration Agreement Ending Dispute on Circulation Coin Colouring Process

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Ottawa, Ontario, September 10, 2018 The Royal Canadian Mint (RCM) and Royal Australian Mint (RAM) are pleased to announce that they have entered into a collaboration agreement and have put an end to the dispute before the Federal Court of Australia relating to the circulation coin colouring process. The collaboration agreement provides for an exchange of licenses, and allows both mints to pursue their respective activities and business interests in a mutually-beneficial manner.

"We are pleased to have reached a cooperative agreement that will support and protect the business interests of both our mints," said Jennifer Camelon, interim President and CEO of the Royal Canadian Mint. "It is very satisfying that we could find common ground that allows us to grow our respective international businesses, with the comfort of knowing our technologies are respected and protected."

"The RCM and RAM have ceased litigation and agreed to enter into a collaborative agreement on the principle of sharing technical knowledge and expertise, said Ross MacDiarmid, CEO of the Royal Australian Mint. "RAM and the RCM have a long-standing relationship defined by several past exchanges of technical data and information. This agreement is integral to current coin release programs, such as our commemoration of the ANZAC (Australian and New Zealand Army Corps) 1914 to 1918 period."

About the Royal Canadian Mint
The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulation coins. An ISO 9001 certified corporation, the Mint is recognized as one of the largest and most versatile mints in the world, offering a wide range of specialized, high quality coinage products and related services on an international scale. For more information on the Mint, its products and services, visit www.mint.ca.

About the Royal Australian Mint
The Royal Australian Mint (RAM) is a world-class mint and Australia's sole producer of circulating coin. It operates within the Treasury portfolio and is a listed entity under the Public Governance, Performance and Accountability ACT 2013. Having been the first mint in the world to be certified to ISO 9001, the Mint has established a long-standing reputation as a reliable supplier of high quality innovative products. For more information on RAM, its products and services visit www.ramint.gov.au.

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For more information, please contact:

Alex Reeves
Senior Advisor, External Communications
Royal Canadian Mint
Tel: (613) 949-5777
reeves@mint.ca

Ross MacDiarmid
Chief Executive Officer
Royal Australian Mint
Tel: +61 2 6202 6826
Ross.MacDiarmid@ramint.gov.au