Gold Royalty Reports Significant Quarterly Revenue Growth and Record Revenues in Q1-Q3 2024

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Insight into Revenue Growth

160% increase in revenue and 90% increase in Total Revenue, Land Agreement Proceeds and Interest reflects the Company’s successful strategy of leveraging cash flowing royalties and benefiting from strong commodity prices. The recent acquisitions also play a significant role in delivering further revenue growth, setting the stage for sustained financial success in the fourth quarter of 2024.

Preliminary Third Quarter 2024 Results

The substantial increase in Total Revenue, Land Agreement Proceeds and Interest* by 90% in the third quarter of 2024 showcases the Company’s financial strength and growth momentum. The revenue generated from royalties on key mines, such as the Côté Gold Mine, highlights the effectiveness of the Company’s revenue model.

2024 Revenue Outlook

With a forecast of between 6,500 and 7,000 GEOs translating to approximately $13 million to $14 million in Total Revenue, Land Agreement Proceeds and Interest, Gold Royalty Corp. remains on track to achieve its stated financial goals for 2024. The Company’s robust revenue projections indicate a promising future ahead.

Webcast Details and Financial Results Release

Gold Royalty Corp. will release its third and ninth-month financial and operational results on November 4, 2024, following which a conference call will be held on November 5, 2024. This transparent approach to financial reporting emphasizes the Company’s commitment to keeping stakeholders informed about its performance and strategic direction.

About Gold Royalty Corp.

Gold Royalty Corp. stands out as a gold-focused royalty company that offers creative financing solutions to the metals and mining industry. By investing in sustainable and responsible mining operations, the Company aims to build a robust portfolio of precious metals royalty and streaming interests that deliver superior long-term returns to shareholders. This commitment to sustainable growth underscores the Company’s dedication to financial excellence and environmental responsibility.

Qualified Person

Alastair Still, P.Geo., Director of Technical Services at the Company, plays a crucial role as the “qualified person” overseeing the technical aspects of Gold Royalty Corp.’s operations. His expertise ensures that the technical information disclosed by the Company meets regulatory standards and provides stakeholders with reliable and accurate data.