VANCOUVER, BC, Dec. 21,
2023 /PRNewswire/ - Gold Royalty Corp. ("Gold
Royalty" or the "Company") (NYSE American: GROY) 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.
View original
content:https://www.prnewswire.com/news-releases/gold-royalty-completes-acquisition-of-quebec-royalty-portfolio-302021372.html
SOURCE Gold Royalty Corp.