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GOLD ROYALTY FORGES STRATEGIC ALLIANCE WITH TAURUS MINING ROYALTY FUND

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Gold Royalty Corp. (GROY) has formed a strategic alliance with Taurus Mining Royalty Fund L.P., enabling both parties to coinvest in precious metals royalties and streams. The agreement allows for investments in asset transactions valued at US$30 million or more, with rights of first offer for future dispositions. This partnership expands Gold Royalty's investment opportunities and geographic reach, enhancing their M&A capabilities.
Gold Royalty Corp. (GROY) ha formato un'alleanza strategica con Taurus Mining Royalty Fund L.P., consentendo ad entrambe le parti di co-investire in royalties e flussi sui metalli preziosi. L'accordo prevede investimenti in operazioni patrimoniali valutate 30 milioni di dollari americani o più, con diritti di prima offerta per future disposizioni. Questa partnership amplia le opportunità di investimento e la portata geografica di Gold Royalty, potenziando le loro capacità di fusione e acquisizione.
Gold Royalty Corp. (GROY) ha formado una alianza estratégica con Taurus Mining Royalty Fund L.P., lo que permite a ambas partes co-invertir en regalías y flujos de metales preciosos. El acuerdo permite inversiones en transacciones de activos valoradas en 30 millones de dólares estadounidenses o más, con derechos de primera oferta para futuras disposiciones. Esta asociación expande las oportunidades de inversión de Gold Royalty y su alcance geográfico, mejorando sus capacidades de fusiones y adquisiciones.
골드 로열티 코퍼레이션(GROY)은 타우러스 마이닝 로열티 펀드 L.P.와 전략적 제휴를 맺었으며, 양측이 귀금속 로열티 및 스트림에 공동 투자할 수 있게 되었습니다. 이 협정은 미화 3천만 달러 이상으로 평가되는 자산 거래에 대한 투자를 허용하며, 미래의 처분에 대한 우선 제공 권리를 부여합니다. 이 파트너십은 골드 로열티의 투자 기회와 지리적 범위를 확장하며, 그들의 인수 합병 능력을 강화시킵니다.
Gold Royalty Corp. (GROY) a formé une alliance stratégique avec Taurus Mining Royalty Fund L.P., permettant aux deux parties de co-investir dans des royalties et des flux sur les métaux précieux. L'accord autorise les investissements dans des transactions d'actifs évaluées à 30 millions de dollars américains ou plus, avec des droits de première offre pour les cessions futures. Ce partenariat élargit les opportunités d'investissement et la portée géographique de Gold Royalty, améliorant leurs capacités en matière de fusions et acquisitions.
Gold Royalty Corp. (GROY) hat eine strategische Allianz mit Taurus Mining Royalty Fund L.P. gebildet, die es beiden Parteien ermöglicht, gemeinsam in Edelmetall-Royalties und -Streams zu investieren. Die Vereinbarung erlaubt Investitionen in Vermögensgeschäfte im Wert von 30 Millionen US-Dollar oder mehr, mit Vorkaufsrechten für zukünftige Veräußerungen. Diese Partnerschaft erweitert die Investitionsmöglichkeiten und die geografische Reichweite von Gold Royalty und stärkt ihre Fähigkeiten in Mergers & Acquisitions.
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VANCOUVER, BC, April 24, 2024 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce it has entered into a three-year mutual cooperation agreement with Taurus Mining Royalty Fund L.P. ("Taurus") that provides each party the ability to coinvest in certain precious metals royalties and streams sourced by the other party. The agreement provides a framework for cooperation and communication amongst the parties in the identification and evaluation of potential co-investment opportunities. The agreement grants each party the right but not the obligation to invest between 25% and 50% in select asset transactions with a value of US$30 million or more. Future dispositions of interests acquired by a co-investment partner through the arrangement will be subject to rights of first offer to the other co-investment partner.

John Griffith, Chief Development Officer noted: "We are pleased to have entered into this mutually beneficial strategic partnership with Taurus, a leading financier to the global mining industry. The partnership not only expands our reach in terms of identifying potential opportunities, but also allows us to pursue larger high-quality investments than we may be able to consider on a standalone basis. The agreement also offers Gold Royalty enhanced access to new and complementary geographic regions. It is a very exciting boost to our M&A capabilities and we look forward to working with the Taurus team going forward."

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 invest in high-quality, sustainable, and responsible mining operations to build a diversified portfolio of precious metals royalty and streaming interests that generate superior long-term returns for our shareholders. Gold Royalty's diversified portfolio currently consists primarily of net smelter return royalties on gold properties located in the Americas.

About Taurus Mining Royalty Fund L.P.

Taurus Mining Royalty Fund L.P. is managed by Taurus Funds Management Pty Limited, a global resource sector financier providing bespoke financing solutions to global mid-tier and junior mining companies. The fund is focused on acquiring high quality and sustainable royalty assets across a range of commodities and stages of development.

Forward-Looking Statements:

Certain of the information contained in this news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws (collectively, "forward-looking statements"), including but not limited to statements regarding the Company's plans and strategies and its expectations regarding, including the expected benefits of, the co-investment arrangement with Taurus. Such statements can be generally identified by the use of terms such as "may", "will", "expect", "intend", "believe", "plans", "anticipate" or similar terms. Forward-looking statements are based upon certain assumptions and other important factors, including the Company's ability to finance future growth and acquisitions and the parties' ability to identify and complete investment opportunities. Forward-looking statements are subject to a number of risks, uncertainties and other factors which may cause the actual results to be materially different from those expressed or implied by such forward-looking statements including, among others, the influence of macroeconomic developments,  the ability of the Company to carry out its growth plans and other factors set forth in the Company's Annual Report on Form 20-F for the year ended December 30, 2023 and its other publicly filed documents under its profiles at www.sedarplus.ca and www.sec.gov. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

Cision View original content:https://www.prnewswire.com/news-releases/gold-royalty-forges-strategic-alliance-with-taurus-mining-royalty-fund-302125538.html

SOURCE Gold Royalty Corp.

FAQ

What is the name of the company forming the strategic alliance with Taurus Mining Royalty Fund?

Gold Royalty Corp. (GROY)

What is the duration of the mutual cooperation agreement between Gold Royalty Corp. and Taurus Mining Royalty Fund?

Three years

What percentage range can each party invest in select asset transactions under the agreement?

Between 25% and 50%

What is the minimum value required for asset transactions eligible for co-investment under the agreement?

US$30 million

Who is the Chief Development Officer of Gold Royalty Corp.?

John Griffith

What does the agreement grant each party in terms of future dispositions of interests acquired through co-investment?

Rights of first offer to the other co-investment partner

What are the benefits of the strategic partnership between Gold Royalty Corp. and Taurus Mining Royalty Fund?

Expansion of investment opportunities, access to new geographic regions, and enhanced M&A capabilities

Gold Royalty Corp.

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