Gold Royalty Announces Agreement to Acquire Vares Copper Stream
Gold Royalty Corp. Common Shares (GROY)
Company Research
Source: GlobeNewswire
VANCOUVER, British Columbia, May 28, 2024 (GLOBE NEWSWIRE) -- Gold Royalty Corp. (“Gold Royalty” or the “Company”) (NYSE American: GROY) is pleased to announce that it has entered into a binding purchase and sale agreement (the “PSA”) with OMF Fund III (Cr) Ltd., an entity managed by Orion Mine Finance Management LP (“Orion”) to acquire a copper stream (the “Stream”) on the Vares Silver Project (“Vares”), operated by a subsidiary of Adriatic Metals plc ("Adriatic") located in Bosnia and Herzegovina (the “Transaction”). Under the terms of the PSA, Gold Royalty will pay consideration to Orion of US$50 million to acquire the Stream at closing of the Transaction, consisting of US$45 million payable in cash and US$5 million to be satisfied by the issuance of 2,906,977 Gold Royalty shares. Transaction Highlights: Materially accretive to Gold Royalty’s cash flow The Vares Stream applies to 100% of copper production from the mining area over the Rupice deposit. The Stream has associated
Show less
Read more
Impact Snapshot
Event Time:
GROY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GROY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GROY alerts
High impacting Gold Royalty Corp. Common Shares news events
Weekly update
A roundup of the hottest topics
GROY
News
- GOLD ROYALTY PUBLISHES 2023 SUSTAINABILITY REPORT AND UPDATED ASSET HANDBOOK [Yahoo! Finance]Yahoo! Finance
- GOLD ROYALTY PUBLISHES 2023 SUSTAINABILITY REPORT AND UPDATED ASSET HANDBOOKPR Newswire
- Gold Royalty Corp. (NYSE: GROY) was upgraded by analysts at BMO Capital Markets from a "market perform" rating to an "outperform" rating.MarketBeat
- Gold Royalty Corp. (NYSE: GROY) was upgraded by analysts at Raymond James from a "hold" rating to a "moderate buy" rating.MarketBeat
- Gold Royalty Completes Vares Copper Stream Acquisition [Yahoo! Finance]Yahoo! Finance
GROY
Earnings
- 5/13/24 - In-Line
GROY
Sec Filings
- 6/12/24 - Form CERT
- 6/12/24 - Form 8-A12B
- 6/11/24 - Form 6-K
- GROY's page on the SEC website