Gold Royalty Announces Agreement to Acquire Vares Copper Stream [Financial Post (Toronto, Ontario, Canada)]
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Gold Royalty Corp. Common Shares (GROY)
Company Research
Source: Financial Post
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 ”). Article content 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. Article content Transaction Highlights: Materially accretive to Gold Royalty's cash flow The Vares Stream applies to 100% of copper production from the mining a
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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