Prnewswireยท2025-11-06 02:55Core Viewpoint - Gold Royalty Corp. has adopted a shareholder rights plan to protect and maximize shareholder value in the event of unsolicited takeover bids or attempts to acquire control of the company [2][3]. Summary by Sections Shareholder Rights Plan - The plan was adopted to ensure equal and fair treatment of all shareholders during unsolicited takeover attempts [2]. - It is not a response to any specific takeover bid, and the company is not aware of any pending proposals [2]. Rights Issuance - One right will be issued for each outstanding common share on the record date of November 17, 2025, and will attach to each new common share issued thereafter [3]. - Rights become exercisable if a person acquires 15% or more of the outstanding shares without complying with the plan's provisions, allowing holders to purchase additional shares at a discount [3]. - A higher threshold of 20% applies to entities not party to any standstill or similar arrangement with the company [3]. Plan Duration and Ratification - The plan has an initial term of three years, contingent upon ratification by shareholders within twelve months [4]. - If not ratified, the plan and any rights issued will terminate [4]. Company Overview - Gold Royalty Corp. focuses on providing financing solutions in the metals and mining industry, aiming to build a diversified portfolio of precious metals royalty and streaming interests [6]. - The company's portfolio primarily consists of net smelter return royalties on gold properties located in the Americas [6].