UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of December 2023
Commission File Number 001-40099
GOLD ROYALTY CORP.
(Registrant’s name)
1188 West Georgia Street, Suite 1830
Vancouver, BC V6E 4A2
(604) 396-3066
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ | Form 40-F ☐ |
INCORPORATION BY REFERENCE
EXHIBIT 99.1 AND, INCLUDED WITH THIS REPORT, IS HEREBY INCORPORATED BY REFERENCE AS AN EXHIBIT TO THE REGISTRANT’S REGISTRATION STATEMENTS ON FORM F-3, AS AMENDED AND SUPPLEMENTED (FILE NOS. 333-265581, 333-267633, 333-270682) AND FORM S-8 (FILE NO. 333-267421), AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS SUBMITTED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
GOLD ROYALTY CORP. | ||
Date: December 19, 2023 | By: | /s/ David Garofalo |
Name: | David Garofalo | |
Title: | Chief Executive Officer, President and Chairman |
EXHIBIT INDEX
Exhibit | Description of Exhibit | |
99.1 | Press Release dated December 19, 2023 |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Gold Royalty Completes Investment in Aura’s Borborema Project and Strategic Convertible Debenture Financing
Vancouver, British Columbia – December 19, 2023 – 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.
In connection with the Transaction, the Company also completed its previously announced private placement of $40 million aggregate principal amount of unsecured convertible debentures with Queen’s Road Capital Investment Ltd. and Taurus Mining Royalty Fund L.P., a fund managed by Taurus Funds Management Pty Limited.
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 acquire royalties, streams and similar interests at varying stages of the mine life cycle to build a balanced portfolio offering near, medium and longer-term attractive returns for its investors. Gold Royalty’s diversified portfolio currently consists primarily of net smelter return royalties on gold properties located in the Americas.
For additional information, please contact:
Gold Royalty Corp.
Telephone: (833) 396-3066
Email: info@goldroyalty.com