Gold Royalty Corp. Showcases Pedra Branca Royalty Acquisition and Growth Strategy in Latest Presentation
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Gold Royalty Corp. has acquired a royalty over the Pedra Branca mine in Brazil for $70 million from BlackRock World Mining Trust plc. The acquisition includes a 25% NSR on gold and a 2% NSR on copper, enhancing cash flow. Supported by a $90 million equity raise, the company strengthens its balance sheet with nearly $100 million in cash and credit facilities.
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