Gold Royalty Corp 6-K, filed Aug 6, 2021
Gold Royalty Corp. (GROY)
About this 6-K
Gold Royalty Corp filed this 6-K on August 6, 2021.
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 August 2021
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 [X] 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.
| GOLD ROYALTY CORP. | ||
|---|---|---|
| Date:<br> August 5, 2021 | By: | /s/ David Garofalo |
| Name: | David<br> Garofalo | |
| Title: | Chief<br> Executive Officer, President and Chairman |
EXHIBITINDEX
| Exhibit | Description of Exhibit |
|---|---|
| 99.1 | Press Release dated August 5, 2021 |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Gold RoyaltyCORP. Completes Acquisition of Five Gold Royalties on Properties Managed by Monarch Mining Corporation
Vancouver, British Columbia – August 5, 2021– Gold Royalty Corp. (“Gold Royalty” or the “Company”) (NYSE American: GROY) is pleased to announce that, further to its news release dated July 23, 2021, it has completed the acquisition of five gold royalty interests on properties managed by Monarch Mining Corporation (“Monarch”) (TSX: GBAR) (OTCQX: GBARF).
The royalty interests acquired consist of:
| ● | a C$2.50 per tonne royalty on material processed through Monarch’s Beacon mill originating from the Beaufor mine operations; |
|---|---|
| ● | a 2.5% net smelter return (“NSR”) royalty on each of Monarch’s Croinor Gold, McKenzie Break and Swanson properties, each located in Quebec, Canada; and |
| ● | a 1% NSR on Monarch’s Beaufor property, located in Quebec Canada (the “Beaufor NSR”) held by Caisse de dépôt et placement du Québec, |
Pursuant to the transaction, Gold Royalty paid total consideration of C$11.25 million at closing and will pay an additional C$3.75 million upon the six month anniversary of closing.
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 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