VANCOUVER, BC, April 6, 2022 /CNW/ - Gold Royalty Corp. is pleased to announce that it has completed its previously announced transaction with Monarch Mining Corp. . Pursuant to the transaction, Gold Royalty provided C$4.5 million in additional royalty financing to Monarch in exchange for increasing the size of the Company's existing royalties and provided an additional C$1 million in financing to Monarch by participating [...]
Gold Royalty Corp. issued a letter to Elemental Royalties Corp. shareholders reinforcing that a combination with Gold Royalty is the best option available to them. The letter, which can be found here , emphasizes Gold Royalty's belief that the combined company would be well-positioned to grow in a highly competitive royalty landscape, while Elemental on a standalone basis has limited growth prospects. In particular: The [...]
Gold Royalty Corp. is pleased to announce that it has entered into a definitive agreement with Monarch Mining Corp. to provide C$4.5 million in additional royalty financing by increasing the size of the Company's existing gold royalty interests. Gold Royalty will provide a further C$1.0 million in financing by participating in Monarch's C$12.0 million marketed private placement offering. The expanded royalties include [...]
Gold Royalty today issued a reminder to investors of its previously announced inaugural quarterly cash dividend of US$0.01 per common share. The dividend will be paid on March 31, 2022 to shareholders of record as of the close of business on March 15, 2022. David Garofalo, Chairman and CEO of Gold Royalty commented: "Since announcing our inaugural dividend earlier this year, we have continued to execute on our business [...]
Gold Royalty is pleased to announce that, further to its news release dated February 22, 2022, it has completed the acquisition of an existing 0.75% net smelter return royalty from an existing royalty holder on a portion of the Côté Gold Project, located in Canada, and owned by IAMGOLD, as the operator, and Sumitomo Metal Mining. Pursuant to the transaction, Gold Royalty paid total consideration of US$15.875 million at [...]
Gold Royalty Corp. is pleased to provide an update on recent developments from the Company's royalty portfolio. Highlights: IAMGOLD announced construction is 43% complete at the Côté Gold Project, with production expected in the second half of 2023, and average annual production of 489,000 ounces of gold over the first 5 years of the mine life. Gold Royalty recently announced an agreement to acquire a 0.75% net smelter [...]
Gold Royalty Corp. is pleased to announce that it has entered into an agreement to acquire an existing 0.75% net smelter return royalty on a portion of the Côté Gold Project, located in Ontario, Canada and owned by IAMGOLD Corporation , as the operator, and Sumitomo Metal Mining Co., Ltd., for total consideration of US$15.875 million. David Garofalo, Chairman and CEO of Gold Royalty commented: "Together with our royalty [...]
Gold Royalty Corp. is pleased to announce that it will host a Town Hall Meeting on Thursday, February 24 at 8:00 AM PST. David Garofalo, CEO, President & Chairman of Gold Royalty Corp., and John Griffith, Chief Development Officer will be providing an update to interested stakeholders on the Company's royalty portfolio including key recent catalysts that have been announced on the assets underlying the Company's [...]
Gold Royalty Corp. is pleased to announce that Karri Howlett has been appointed to the board of directors of the Company effective immediately. "On behalf of the Board, I would like to welcome Karri to the Gold Royalty team. With over 20 years of experience in ESG, financial diligence and risk management, she brings a valuable and unique additional perspective to our Board. We look forward to working with Karri as we [...]
Gold Royalty Corp. is pleased to announce that at its annual general meeting held on February 9, 2022, all nominees listed in its management information circular dated December 14, 2021 were elected as directors of the Company. A quorum of 39.722% of the votes attached to the outstanding shares of the Company was present in person or by proxy at the Meeting. Each of the following six nominees proposed by management was [...]
Gold Royalty Corp. wishes to provide notice that the Company will be implementing an additional virtual option to its Annual General Meeting of Shareholders, which will be held at 1000-925 West Georgia Street, Vancouver, British Columbia, Canada at 4:00 p.m. on February 9, 2022. The virtual option will allow shareholders to attend and participate in the Meeting via the internet. To ensure the health and safety of all [...]
Gold Royalty Corp. is pleased to provide an update on its growth plans, and its proposed acquisition of Elemental Royalties Corp. . Continuing its trajectory of disciplined expansion and growth over the past year, Gold Royalty has offered to acquire all of the issued and outstanding Elemental common shares for consideration of 0.27 of a Gold Royalty common share per Elemental Share as set forth in Gold Royalty's Offer and [...]