Gold royalty completes acquisition of quÉbec royalty portfolio

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.
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