Gold Royalty Corp. is pleased to announce that it has begun to receive royalty payments related to its Borden Lake net smelter return royalty over Newmont Corporation's producing Borden Mine located in Ontario, Canada. Ely Gold Royalties Inc., a wholly owned subsidiary of Gold Royalty, originally purchased the Royalty on May 6, 2020. The Royalty included a five kilometer area of interest with a 0.50% NSR on certain claims [...]
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 10, 2021 to its short form base shelf prospectus dated October 27, 2021. GoldMining Inc. is pleased to announce initial assay results from the first two holes of a six hole 3,600 metre drilling program on the La Garrucha target, located less than one kilometre to the east and immediately [...]
Gold Royalty Corp. is pleased to announce that its board of directors has approved and declared the Company's second quarterly cash dividend of US$0.01 per common share. The dividend will be paid on June 30, 2022 to shareholders of record as of the close of business on June 20, 2022. The dividend qualifies as an "eligible" dividend as defined in the Income Tax Act . The dividend is subject to customary Canadian [...]
Gold Royalty Corp. announces the filing of its operating and financial results for the three and six months ended March 31, 2022 and is pleased to provide an update on recent asset advancements. The Company will be hosting a Town Hall Meeting to discuss these results on Wednesday, May 25 at 10:00 AM EDT. David Garofalo, Chairman and CEO of Gold Royalty, commented, "Our second fiscal quarter of 2022 included several [...]
Gold Royalty Corp. today announced the expiry of its previously announced offer to acquire all of the outstanding common shares of Elemental Royalties Corp. . The Offer is now terminated and no longer open for acceptance by any Elemental shareholders. As the conditions of the Offer were not satisfied, GRC will not take up any shares deposited under the Offer and will return such securities to the holders thereof. David [...]
Gold Royalty Corp. announces that it has extended the expiry date of its previously announced offer to acquire all of the outstanding common shares of Elemental Royalties Corp. to 5:00 p.m. on May 12, 2022, subject to any further abridgement, extension or withdrawal. A Third Notice of Variation and Extension, which sets out consequential amendments to reflect the extended expiry date, will be filed under Elemental's [...]
Gold Royalty Corp. is pleased to announce the conclusion of key regulatory approvals in connection with the conditions of the Company's offer to acquire all of the outstanding common shares of Elemental Royalties Corp. , together with the associated rights issued under Elemental's shareholder rights plan. The Company has received a "no action" letter from the Foreign Investment Review Board of the Government of Australia [...]
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 [...]