VANCOUVER, BC, March 14, 2022 /PRNewswire/ – Gold Royalty Corp. (US NYSE: GROY) (“golden royalty“or the”Company“) today issued a reminder to investors of its previously announced first quarterly cash dividend of $0.01 per ordinary share. The dividend will be paid on March 31, 2022 to shareholders of record at the close of business on March 15, 2022.
David GarofaloChairman and CEO of Gold Royalty, said, “Since announcing our inaugural dividend earlier this year, we have continued to execute on our business plan of building a portfolio of precious metal royalty assets High quality. Our recent royalty acquisition on the Côté Gold Project expands our portfolio to include 28 production and development royalties concentrated in Tier 1 jurisdictions. which should be two of from Canada the largest and most sustainable gold mines as part of a portfolio that is positioned to generate reliable long-term income to support future dividend growth. »
The dividend is considered an “eligible” dividend as defined in the income tax law (Canada). The dividend is subject to customary Canadian withholding tax for non-resident shareholders. Canada.
The dividend program provides for quarterly dividends, the declaration, timing, amount and payment of which will be subject to the discretion and approval of the Board of Directors of the Company based on relevant factors, including, among others , the financial situation of the Company and the allocation of the capital of the plans.
About Gold Royalty Corp.
Gold Royalty Corp. is a gold-focused royalty company that provides creative financing solutions to the metals and mining industry. Its mission is to acquire similar royalties, streams and interests at different stages of the mine life cycle in order to build a balanced portfolio offering attractive short, medium and long-term returns for its investors. Gold Royalty’s diversified portfolio currently consists primarily of net smelter return royalties on gold properties located in the Americas.
Caution regarding forward-looking information
Certain of the information contained in this press release constitutes “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian and United States securities laws (“forward-looking statements”) and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Gold Royalty to be materially different from the results, performance or achievements expressed or implied therein. The words “believe”, “expect”, “will”, “propose” and their derivatives, as well as other expressions which predict or indicate future events, trends or prospects and which do not relate to historical matters, identify the items mentioned above and other forward-looking statements. These forward-looking statements include, among other things, statements regarding: future dividends, expectations regarding the plans underlying the Company’s interests, the Company’s expectations regarding its growth profile and the potential of its portfolio to support growth future dividends, involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include, among others, material adverse effects on the parties’ business, property and assets; the impact of general economic and market conditions; any inability of the operators of the properties underlying the royalties and other interests of the parties to execute the plans proposed for these properties, the risks relating to these operators or the exploration, development and mining operations of the properties underlying the royalties and other interests of the parties; the impacts of macroeconomic developments; and the impact and responses of relevant governments to the COVID-19 pandemic and the effectiveness of such responses and other important risks and uncertainties set forth in Gold Royalty’s Annual Report on Form 20-F for the fiscal year ended September 30, 2021 and its other public documents available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause results not to be those anticipated, estimated or expected. 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.
SOURCE Gold Royalty Corp.