Gold royalty enters into additional royalty financing agreement with monarch mining corporation

Vancouver, bc , march 29, 2022 /prnewswire/ -  gold royalty corp. ("gold royalty" or the "company") (nyse: groy) is pleased to announce that it has entered into a definitive agreement (the "agreement") with monarch mining corporation (" monarch ") (tsx: gbar) (otcqx: gbarf) to provide c$4.5 million in additional royalty financing by increasing the size of the company's existing gold royalty interests. gold royalty will provide a further c$1.0 million in financing by participating in monarch's c$12.0 million marketed private placement offering.
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