Gold royalty completes investment in aura's borborema project and strategic convertible debenture financing

Vancouver, bc , dec. 19, 2023 /prnewswire/ - gold royalty corp. ("gold royalty" or the "company") (nyse american: groy) is pleased to announce that, further to its news release dated december 5, 2023, it has completed its investment, consisting of a 2% net smelter return royalty on the borborema gold project (the "royalty") and a royalty-convertible gold-linked loan, with borborema inc., a wholly-owned subsidiary of aura minerals inc. (the "transaction"). pursuant to the transaction, gold royalty acquired the royalty for us$21.0 million and the royalty-convertible gold-linked loan for us$10.0 million in cash consideration.
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