GOLD ROYALTY ANNOUNCES RECORD TOTAL REVENUE, LAND AGREEMENT PROCEEDS AND INTEREST AND GEOS
First Quarter Results to be Released on May 13, 2024
- First Quarter Results to be Released on May 13, 2024
VANCOUVER, BC, April 22, 2024 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce record quarterly Total Revenue, Land Agreement Proceeds and Interest*, driven by the Company's cornerstone royalties, recent royalty acquisitions and its unique royalty generator model. - Gold Royalty recorded Total Revenue, Land Agreement Proceeds and Interest* of $4.2 million (Revenue of $2.9 million), equating to 2,019 gold equivalent ounces ("GEOs")*, in the first quarter of 2024, representing an increase of 112% from the first quarter of 2023.
- The Company's royalty generator model added $2.1 million in land agreement proceeds in the quarter.
- * Total GEOs and Total Revenue, Land Agreement Proceeds and Interest are non-IFRS financial measures.