Gold Royalty Completes Acquisition of Québec Royalty Portfolio
Vancouver, British Columbia – December 21, 2023 – Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) - https://www.commodity-tv.com/ondemand/companies/profil/gold-royalty-corp/ - is pleased to announce that, further to its news release dated November 2, 2023, it has completed the acquisition of a portfolio of 21 royalties located in Québec from SOQUEM (Société Québécoise d'exploration minière), a subsidiary of Investissement Québec.
Pursuant to the transaction, the Company acquired the royalty portfolio for consideration C$1.0 million, which was satisfied through the issuance of 496,785 common shares to SOQUEM at a deemed price of approximately US$1.50 per share.
Table 1. SOQUEM Royalty Portfolio
Property
Royalty
Commodities
Operator
Aquilon
1.0% NSR
Au
Sirios Resources
Casault
1.0% NSR
Au
Midland Exploration
Chute-des-Passes
0.5% NSR
Ni
Canada Silver Cobalt Works
Des Meloizes
3.0% NSR
Zn, Ag
Generic Gold Corp
Detour
Milestone Payment
Au
Probe Gold
Dileo Nord
1.0% NSR
Cu, Mo, Au, Ag
Troilus Gold Corp
Duquet
0.75 NSR
Zn, Cu, Pb, Au
Azimut Exploration Inc.
Eastmain Ouest
0.7% NSR
Au
Azimut Exploration Inc.
Fancamp
1.5% NSR
Au
IAMGOLD
Generation Selbaie Bloc 5-6
1.0% NSR
Au, Ag
Midland Exploration
Generation Selbaie Bloc 7
0.5% NSR
Zn
Maple Gold Mines / Agnico Eagle
Gîte Fenton
1.0% NSR
Au, Mo
Cartier Resources Inc
Hazeur
1.0% NSR
Au
BTM Corporation
Jouvex
1.0% NSR
Au
Midland Exploration
La Roncière
1.25% NSR
Au
Imperial Mining Group
Lingwick
1.5% NSR
Cu, Zn, Au, Ag
Midland Exploration
Monique
0.38% NSR
Au
Probe Gold
Noyard
1.0% NSR
Au
Vior
Noyell
1.0% NSR
Au, Zn
Magna Terra Minerals
Pitt Gold
1.0% NSR
Au
Duquesne Gold Mines (First Mining)
Quévillon Nord
1.0-2.0% NSR
Ag
Osisko Mining
Verneuil
0.5% NSR
Au
Vior
About Gold Royalty Corp.
Gold Royalty Corp. is a gold-focused royalty company offering creative financing solutions to the metals and mining industry. Its mission is to acquire royalties, streams and similar interests at varying stages of the mine life cycle to build a balanced portfolio offering near, medium and longer-term attractive returns for its investors. Gold Royalty's diversified portfolio currently consists primarily of net smelter return royalties on gold properties located in the Americas.
For additional information, please contact:
Gold Royalty Corp.
Telephone: (833) 396-3066
Email: info@goldroyalty.com
In Europe:
Swiss Resource Capital AG
Jochen Staiger Marc Ollinger