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Gold Royalty Announces Amended and Upsized Revolving Credit Facility to Maximum $75 Million at Reduced Interest Cost and Extended Maturity and Provides an Update on Selected Portfolio Assets
GROYGold Royalty(GROY) Prnewswire·2025-02-24 11:45

VANCOUVER, BC, Feb. 24, 2025 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that it has entered into an amendment agreement with the Bank of Montreal and the National Bank of Canada to amend and upsize its existing revolving credit facility (the "Facility"). The changes reduce Gold Royalty's borrowing costs and improve balance sheet flexibility.The amended and upsized Facility will bear a reduced interest rate based on SOFR plus a margin of 3 ...