VANCOUVER, BC, Dec. 19, 2023 /CNW/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that, further to its news release dated December 5, 2023, it has completed its investment, consisting of a 2% net smelter return royalty on the Borborema gold project (the "Royalty") and a royalty-convertible gold-linked loan, with Borborema Inc., a wholly-owned subsidiary of Aura Minerals Inc. (the "Transaction"). Pursuant to the Transaction, Gold Royalty acquired the Royalty for US$21.0 million and the royalty-convertible gold-linked loan for US$10.0 million in cash consideration.
Read more at newswire.caGold Royalty Completes Investment in Aura's Borborema Project and Strategic Convertible Debenture Financing
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