6-K

UNITEDSTATES

SECURITIESAND EXCHANGE COMMISSION

WASHINGTON,DC 20549

Form6-K

REPORTOF FOREIGN PRIVATE ISSUER

PURSUANTTO RULE 13a-16 OR 15d-16 OF THE

SECURITIESEXCHANGE ACT OF 1934

Forthe month of May 2022

CommissionFile Number 001-40099

GOLD ROYALTY CORP.

(Registrant’s name)

1030 West Georgia Street, Suite 1830

Vancouver, BC V6E 2Y3

(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 ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

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.

EXHIBITINDEX

Exhibit99.1

FORIMMEDIATE RELEASE

GoldRoyalty ANNOUNCES EXPIRY OF eLEMENTAL OFFER

Vancouver,British Columbia – May 12, 2022 – Gold Royalty Corp. (“GRC”) (NYSE American: GROY) today announced the expiry of its previously announced offer (the “Offer”) to acquire all of the outstanding common shares of Elemental Royalties Corp. (“Elemental”) (TSXV: ELE). The Offer is now terminated and no longer open for acceptance by any Elemental shareholders. As the conditions of the Offer were not satisfied, GRC will not take up any shares deposited under the Offer and will return such securities to the holders thereof.

David Garofalo, Chairman and CEO, commented: “While we strongly believe in the merits of a combination with Elemental, we were ultimately unable to obtain the engagement and accord required to reach a board-supported, mutually-beneficial transaction. Gold Royalty will not waiver from its disciplined pursuit of value-enhancing acquisitions, and we remain focused on our existing high-quality portfolio, which is poised to deliver sector-leading cash flow growth over the coming years.”

AboutGold 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 of net smelter return royalties on gold properties located in the Americas.

CautionaryStatement on Forward-Looking Information:

Certainof 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 (“forward-looking statements”) and involve known and unknownrisks, uncertainties and other factors that may cause Gold Royalty’s actual results, performance and achievements to be materiallydifferent from the results, performance or achievements expressed or implied therein. The words “believe”, “expect”,“will”, “propose” and derivatives thereof and other expressions which are predictions of or indicate future events,trends or prospects and which do not relate to historical matters, identify the above mentioned and other forward-looking statements.Such forward-looking statements, including among others, statements regarding = the Company’s future acquisition strategy and expectationsregarding the Company’s portfolio, involve risks, uncertainties and other factors which may cause the actual results to be materiallydifferent from those expressed or implied by such forward-looking statements. Such factors include, among others, the impact of generaleconomic and market conditions; any inability of the operators of the properties underlying the parties’ royalty and other intereststo execute proposed plans for such properties, risks related to such operators or the exploration, development and mining operationsof the properties underlying the parties’ royalty and other interests; impacts of macroeconomic developments; and the impact ofand the responses of relevant governments to the COVID-19 pandemic and the effectiveness of such responses and the other important risksand uncertainties set out in Gold Royalty’s Annual Report on Form 20-F for the year ended September 30, 2021 and its other publicfilings available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Although the Company has attempted to identify important factorsthat could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors thatcause 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 notplace undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except inaccordance with applicable securities laws.

AdditionalInformation

For additional information, please contact:

Gold Royalty Corp.

Telephone: (833) 396-3066

Email: [email protected]