Gold royalty completes previously announced acquisition of royalty portfolio from nevada gold mines

Vancouver, bc , sept. 28, 2022 /prnewswire/ - gold royalty corp. ("gold royalty" or the "company") (nyse american: groy) is pleased to announce the completion of its previously announced acquisition from nevada gold mines llc ("ngm"), a joint venture between barrick gold corporation and newmont corporation, of a royalty portfolio consisting of: a 10% net profits interest royalty on the producing granite creek mine operated by i-80 gold corp., payable after 120,000 oz of gold or equivalent is cumulatively produced from the project; a 2.00% net smelter return royalty on the bald mountain mine operated by kinross gold corporation (" kinross "), payable after 10 million ounces of gold have been produced from the properties; and a 1.25% nsr on the bald mountain joint venture zone also operated by kinross.
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