International Royalty Corporation - Annual General & Special Meeting of Shareholders Conference Call & Webcast

    DENVER, CO, May 16 /CNW Telbec/ - International Royalty Corporation
(TSX: IRC; AMEX: ROY) ("the Company" or "IRC") invites you to participate in
its Annual General and Special Meeting of Shareholders conference call and
webcast.

    The Company will host this conference call Wednesday, May 21, 2008 at
9 AM EDT, 7 AM MDT.

    To participate in the conference call, please dial (647) 427-3411 or toll
free (888) 241-0326, conference ID 4473 0213. To ensure your participation,
please call approximately five minutes prior to the scheduled start of the
call.

    To participate via webcast, go to
http://events.snwebcastcenter.com/internationalroyalty/20080521

    Replay archive: Please dial 1-800-395-0363, passcode 44730213. The
conference call will be replayed from Wednesday, May 21, 2008 3:00 PM EDT to
Saturday, June 21, 2008 11:59 PM EDT.

    The conference call will feature Mr. Douglas B. Silver, Chairman & Chief
Executive Officer, and Ray Jenner, Chief Financial Officer & Secretary.

For further information: Jack Perkins, Investor Relations, (303)
991-9500; Douglas B. Silver, Chairman and CEO, (303) 799-9020,
info@internationalroyalty.com, www.internationalroyalty.com; Renmark Financial
Communications Inc.: Barbara Komorowski: bkomorowski@renmarkfinancial.com; Jen
Power: jpower@renmarkfinancial.com, (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com