Gold Royalty(US:GROY) Prnewswire·2026-02-19 22:00Core Viewpoint - Gold Royalty Corp. has amended and increased its revolving credit facility to up to US$150 million, which will lower its interest costs and support future growth strategies [1][2]. Group 1: Credit Facility Details - The amended facility includes a US$125 million secured revolving credit line with an accordion feature for an additional US$25 million, subject to conditions [1]. - The interest rate is based on SOFR plus a margin of 2.25%-3.25%, reflecting a 25-basis points reduction [1]. - The facility is set to mature in November 2028 [1]. Group 2: Portfolio Asset Updates - Vareš (100% copper stream) reported production recommencement in January 2026, with improved production expectations for the year [1]. - Tonopah West (3.0% NSR) closed a C$15 million financing to fund exploration and pre-development activities, with a mineral resource estimate expected in February 2026 [1]. - South Railroad (0.44% NSR) is advancing through federal and state approvals, with a feasibility study reaffirming its robust economics [1]. - Ren (1.5% NSR & 3.5% NPI) is nearing completion of ventilation shaft excavation, with full production expected in 2027 [1]. - Odyssey (0.5% - 3.0% NSR) is ahead of schedule, with initial production anticipated in 2033 [1]. - Jerritt Canyon (0.5% NSR) completed significant drilling in 2025, with results expected in early 2026 [1]. - Granite Creek (10% NPI) reported high-grade assay results, supporting its geological model [1]. - County Line (3% NSR) commenced operations and made its first shipment of mineralization [1]. - Côté Gold (0.75% NSR) is focusing on mining and milling efficiency, with plans for additional infrastructure [2]. Group 3: Management Commentary - The CEO expressed satisfaction with the development progress of operators in 2025 and anticipates significant revenue and cash flow growth from cash-flowing assets in 2026 and beyond [2].