Gold Royalty Corp. (GROY) Discusses Acquisition of Pedra Branca Royalty and Related Equity Financing Transcript

Core Viewpoint - The acquisition of the Pedra Branca Copper and Gold Royalty is expected to significantly enhance the company's revenue and is a strategic addition to its existing portfolio [3]. Group 1: Acquisition Details - The company acquired the royalty from BlackRock World Mining Trust plc for USD 70 million in cash [3]. - The royalty consists of a 25% gold net smelter return (NSR) and a 2% copper NSR on BHP's Pedra Branca mine, which has been operational since 2020 [3]. - This acquisition is projected to be approximately 10% accretive to the company's net asset value per share [4]. Group 2: Strategic Fit - The Pedra Branca acquisition complements the company's gold-focused portfolio while also enhancing its exposure to copper in low-risk jurisdictions [3].