Capital Markets Day 2025 June 12, 2025 goldroyalty.com / NYSE: GROY Disclaimer Cautionary Note Regarding Forward-Looking Statements The information contained herein includes "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws (collectively, "forward-looking statements") concerning the business, operations and financial performance of Gold Royalty Corp. ("GRC" or the "Company") and, in some instances, the business, mining operation ...

Gold Royalty (GROY) 2025 Investor Day June 12, 2025 09:00 AM ET Speaker0 want to welcome everybody here that's live today and also many online participants that are here for the gold royalty presentation. Our Capital Markets Day, as we like to call it, it's our Investor Day, if you will. And it's an auspicious time because we are approaching all time highs in the gold price again. We're approaching a little over $3,400 an ounce and not far from the all time highs we achieved earlier in the year. And gold ha ...

Summary of Gold Royalty Conference Call Company Overview - **Company**: Gold Royalty - **Industry**: Mining and Royalty Sector - **IPO**: March 2021 with an initial collection of 18 royalties, now expanded to over 240 royalties [4][6] Key Points Portfolio Growth and Strategy - Gold Royalty has significantly diversified its portfolio, now holding royalties on three of the five largest gold mines in North America [5][6] - The company has transitioned from 18 royalties at IPO to over 240, with seven currently cash flowing and 14 in various stages of construction [6][7] - The focus has been on acquiring cash-flowing and near cash-flowing royalties to enhance revenue growth [5][6] Financial Performance - The company achieved positive operating cash flow for the first time last year and is now entering a phase of positive free cash flow [6][7] - Expected revenue growth of 367% from 2024 to 2029, with 85% of this growth coming from mature operations [68][69] - The company is currently in a "harvest mode," focusing on deleveraging and generating free cash flow per share [14][68] Market Conditions and Challenges - The gold sector has faced devaluation due to rising interest rates, impacting acquisition strategies [10][14] - The market is currently waiting for proof of concept on large-scale mines that are expected to achieve design production rates this year [13][14] - Exploration activities have slowed due to a lack of capital access for junior miners, affecting earlier stage royalties [39][40] Competitive Landscape - The royalty sector is characterized by a few large players (mega-cap companies) and many small-cap companies struggling for relevance [24][25] - Gold Royalty aims to capture the mid-cap space, which is seen as a "Goldilocks zone" for growth and institutional relevance [28][30] - The company has absorbed smaller competitors to eliminate redundant costs, achieving significant G&A savings [31][33] Future Outlook - The company is optimistic about several projects, including Cote, Varus, and Boubarema, which are expected to contribute to revenue growth [68][69] - The management team has extensive industry experience, which is leveraged for growth through M&A, royalty financing, and organic royalty generation [15][16][18] - The company is focused on maintaining a strong portfolio in top-rated mining jurisdictions, with over 80% of its assets located in Nevada, Quebec, and Ontario [19][23] Additional Insights - The company has a unique model that allows it to generate new royalties organically without significant capital outlay [18][37] - The correlation between gold prices and all-in sustaining costs remains strong, with current market conditions affecting producer valuations [100][105] Conclusion Gold Royalty is positioned for significant growth with a diversified portfolio and a focus on cash-flowing assets. The company is navigating market challenges while maintaining a strong outlook for future revenue and operational success.

VANCOUVER, BC, June 9, 2025 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce the release of its inaugural Integrated Report, which consolidates the annually published Asset Handbook and Sustainability Reports into a single comprehensive document.David Garofalo, Chairman and CEO of Gold Royalty commented "Our new Integrated Report combines the previously published Asset Handbook and Sustainability Report to offer a comprehensive overview of Gold ...

Gold Royalty (GROY) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Company Participants David Garofalo - CEO, President, Chairman & DirectorAndrew Gubbels - CFOJackie Przybylowski - Vice President - Capital MarketsPeter Behncke - Director of Corporate Development & Investor Relations Conference Call Participants Heiko Ihle - MD & Mining Analyst Operator Welcome to the Gold Royalty Corp. First Quarter twenty twenty five Results Conference Call. All participants will be in listen only mode. After today's pres ...

Financial Data and Key Metrics Changes - The company reported total revenue of $3.6 million for the quarter, translating to 1,249 gold equivalent ounces [5] - Operating cash flow reached a record of $2.5 million, an increase of over 180% compared to the previous quarter [5] - Adjusted EBITDA was $1.7 million, representing an increase of over 30% compared to the previous quarter [5] - General and administrative costs were $1.8 million during the quarter, indicating effective cost management [5] Business Line Data and Key Metrics Changes - Production in Q1 represented approximately 20% of the midpoint of the full-year guidance range of 5,700 to 7,000 gold equivalent ounces [6] - The ramp-up of the Verus, Cote, and Bobarima mines is expected to contribute significantly to production growth throughout the year [6][10] Market Data and Key Metrics Changes - Spot gold prices reached record highs, recently exceeding $3,300 per ounce, which positively impacted revenue and cash flow [3] - The company assumes a gold price of $2,212 per ounce and a copper price of $4.24 per pound in its five-year outlook [7] Company Strategy and Development Direction - The company is focused on debt reduction while considering capital returns to shareholders and pursuing strategic growth opportunities [4] - Capital allocation remains a strategic priority, with an emphasis on maintaining a scalable business model that keeps costs flat [4] - The company aims to report positive free cash flows later this year for the first time [4] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in a transformative year ahead, driven by strong gold prices and increased production from key mines [3] - The company anticipates steady improvement in production as projects ramp up and derisk [6] - Management highlighted the potential for a significant increase in production volumes, projecting a 360% increase over the next five years [14] Other Important Information - The company maintains a clear focus on capital discipline and is exploring opportunities for new royalties and streams, particularly in earlier-stage assets [30] - The upcoming Capital Markets Day on June 12 is expected to provide further insights into the company's portfolio and strategic direction [14] Q&A Session Summary Question: What should be modeled for ounces in the second quarter? - Management indicated that Q1 production was lighter than expected, and a significant step-up in Q2 is anticipated as assets ramp up towards commercial production [22] Question: Where do you see the most variability in the long-term outlook? - Management noted variability could stem from Canadian Malartic and Odyssey, with potential upside from Bulbarema due to ongoing developments [24][26] Question: How has the market for new transactions changed with high gold prices? - The company is seeing more opportunities for new royalties on earlier-stage assets, emphasizing a disciplined capital allocation strategy [30]

First Quarter 2025 Results May 8, 2025 goldroyalty.com / NYSE: GROY Disclaimer Cautionary Note Regarding Forward-Looking Statements This presentation includes information and statements that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws (collectively, "forward-looking statements"), including but not limited to statements regarding: the estimated future GEOs and contractual payments of Gold Royalty Corp. (the "Comp ...

Core Viewpoint - Gold Royalty Corp. reported continued year-over-year revenue growth and positive operating cash flow for Q1 2025, driven by advancements in key assets within its portfolio, including the Borborema mine which achieved initial production [2][5]. Financial Highlights - Total revenue for Q1 2025 was $3.138 million, up from $2.894 million in Q1 2024, representing an increase of approximately 8.4% [5]. - The net loss decreased to $1.255 million in Q1 2025 from $1.405 million in Q1 2024, indicating improved financial performance [5]. - Cash provided by operating activities was $2.487 million, a significant increase from $336,000 in the same quarter of the previous year [5]. - Adjusted EBITDA for Q1 2025 was $1.663 million, down from $2.020 million in Q1 2024 [5]. Portfolio Update - The Borborema Project is expected to produce between 33,000 to 40,000 ounces of gold in 2025, with initial production achieved in Q1 2025 [7][8]. - The company anticipates achieving a total of 5,700 to 7,000 Gold Equivalent Ounces (GEOs) in 2025, with production weighted towards the second half of the year [34][35]. - The Côté Gold Mine has achieved record throughput, with IAMGOLD targeting to reach nameplate capacity by the end of 2025 [14][35]. Operational Efficiency - The company maintains low operating costs, with only approximately $0.02 million spent on maintaining mineral interests in Q1 2025 [33]. - The royalty generator model has successfully added two new royalties in the first quarter of 2025, contributing to the overall growth strategy [32]. Future Outlook - The company expects to achieve positive free cash flow in 2025 as several cash-flowing projects ramp up, including the Côté Gold mine and Vareš mine [35]. - The forecast for 2025 includes an assumed gold price of $2,668 per ounce and a copper price of $4.23 per pound, supporting the growth outlook [34].

Core Viewpoint - Gold Royalty Corp. reported preliminary results for Q1 2025, indicating total revenue of $3.6 million, with expectations for revenue growth throughout the year due to strong commodity prices supporting cash flowing royalties [2][3]. Financial Performance - Total revenue for Q1 2025 was $3.6 million, which includes $3.1 million in revenue, equating to 1,249 gold equivalent ounces (GEOs) [2]. - Royalty, stream, pre-production, and loan interest all saw increases in 2025, while land agreement proceeds decreased by $1.5 million compared to Q1 2024 due to higher one-time payments in the previous year [2]. - The company maintains its full-year production guidance of 5,700 - 7,000 GEOs, with production expected to be more heavily weighted in the second half of the year as new mining operations ramp up [3]. Upcoming Events - Gold Royalty plans to release its financial and operating results for the quarter ending March 31, 2025, after market close on May 7, 2025, followed by a conference call on May 8, 2025 [4]. - The company will host its 2025 capital markets day on June 12, 2025, in Toronto, with both in-person and virtual attendance options available [5]. Company Overview - Gold Royalty Corp. focuses on providing creative financing solutions to the metals and mining industry, aiming to build a diversified portfolio of precious metals royalty and streaming interests [6].

Core Insights - The article emphasizes a versatile investment strategy suitable for various investor profiles, including dividend investors, value seekers, and those looking for growth opportunities [1]. Summary by Categories Investment Strategy - The investment strategy described is adaptable, catering to different types of investors, whether they focus on dividends, value propositions, or growth opportunities [1].