Gold Royalty Corp. is pleased to report the signing of a commitment letter with the Bank of Montreal for a fully underwritten US$10 million revolving credit facility with an accordion feature allowing for an additional US$15 million subject to certain conditions. The Facility will be available for general corporate purposes, acquisitions and investments. Josephine Man, Chief Financial Officer of GRC, commented, "We are [...]
Gold Royalty Corp. is pleased to announce a private placement in and strategic alliance with Prospector Royalty Corp. and the addition of Timothy Young to GRC's Advisory Board. GRC has made a C$2 million investment for a 12.5% interest in PRC. The founders of PRC include Timothy Young, Bill Rand, Zach Flood, Francis MacDonald and Kenorland Minerals Ltd. In conjunction with the investment, GRC has entered into a royalty [...]
Gold Royalty Corp. is pleased to announce that it will host a Town Hall Meeting on Tuesday, August 31 at 11:00 am EST. David Garofalo, CEO & Chairman of Gold Royalty, and John Griffiths, Chief Development Officer will be providing shareholders and interested stakeholders a final update on the Gold Royalty and Ely Gold Business Transaction and will provide an overview of Gold Royalty and recent portfolio acquisitions. The [...]
Gold Royalty Corp. and Ely Gold Royalties Inc. are pleased to announce the completion of the previously announced business combination between GRC and Ely Gold by way of a plan of arrangement under the Business Corporations Act . David Garofalo, CEO, President and Chairman of GRC, stated: "We are delighted to have completed our acquisition of Ely Gold, which is an important milestone as we execute our business strategy [...]
Ely Gold Royalties Inc. and Gold Royalty Corp. are pleased to announce that, at a special meeting of Ely Gold shareholders held August 17, 2021, the Ely Gold Shareholders overwhelmingly approved a special resolution authorizing the previously announced business combination between Ely Gold and GRC to be completed by way of statutory plan of arrangement under the British Columbia Business Corporations Act. The Arrangement [...]
Gold Royalty Corp. and Ely Gold Royalties Inc. are pleased to announce that they will once again jointly host a Town Hall Meeting on Tuesday, August 10, 2021 at 11:00 am EST. Trey Wasser President & CEO of Ely Gold Royalties and David Garofalo, CEO & Chairman of Gold Royalty Corp, will be providing shareholders and interested stakeholders a final update on the recent transaction announced June 21, 2021; "Gold Royalty and [...]
Gold Royalty Corp. is pleased to announce that, further to its news release dated July 23, 2021, it has completed the acquisition of five gold royalty interests on properties managed by Monarch Mining Corp. . The royalty interests acquired consist of: a C$2.50 per tonne royalty on material processed through Monarch's Beacon mill originating from the Beaufor mine operations; a 2.5% net smelter return royalty on each of [...]
Gold Royalty Corp. is pleased to announce that Monarch Mining Corp. has disclosed an updated Mineral Resource estimate at the Beaufor Mine gold project in Quebec, Canada. As announced on July 23, 2021, Gold Royalty has entered into an agreement to acquire a 1% NSR Royalty on the Beaufor property as well as a C$2.50 per tonne royalty on the Beacon Mill which will process the material mined from Beaufor. Highlights from [...]
Gold Royalty Corp. is pleased to announce that it has entered into a definitive agreement with Monarch Mining Corp. to acquire the following gold royalty interests : a C$2.50 per tonne royalty on material processed through Monarch's Beacon mill originating from the Beaufor mine operations; a 2.5% net smelter return royalty on each of Monarch's Croinor Gold, McKenzie Break and Swanson properties, each located in Quebec [...]
Gold Royalty Corp. is pleased to announce the appointment of Samuel Mah as Vice President, Evaluations of the Company. John Griffith, Chief Development Officer of GRC commented: "With over two decades of industry experience, including leadership roles with both royalty and streaming as well as operating companies, Samuel will have an immediate impact at GRC. Samuel adds to the already unparalleled technical depth of our [...]
Gold Royalty Corp. and Ely Gold Royalties Inc. are pleased to announce that they will jointly host a Town Hall Meeting on Friday, June 25, 2021 at 11:00 am EST. Trey Wasser President & CEO of Ely Gold Royalties and David Garofalo, CEO & Chairman of Gold Royalties Corp, will be providing shareholders and interested stakeholders an update on the recent transaction announced June 21, 2021: "Gold Royalty and Ely Gold to [...]
Gold Royalty Corp. is pleased to announce that it is has been added to the VanEck Vectors Junior Gold Miners ETF as of June 11, 2021. David Garofalo, CEO, President, and Chairman of GRC, stated: "Our path to creating an exciting high growth, diversified public royalty company began with our successful IPO in March this year. At that time, we knowingly entered a congested arena that has seen a proliferation of new public [...]