#Canada #Vancouver #Gold Royalty #Pedra Branca #Borborema

Gold Royalty Corp Achieves Significant Milestones in 2025

Gold Royalty Corp (NYSE American: GROY) has unveiled exceptional financial results marking a pivotal year in its history. With record annual revenue and positive cash flows, the company confidently shares its ambitious growth outlook through 2030.

Record Financial Performance

In a recent press release, Gold Royalty reported a remarkable total revenue of $15.6 million for the full year of 2025, complemented by an operating cash flow of $6.2 million. The fourth quarter alone showcased a record revenue of $4.5 million, driven by notable sales of gold equivalent ounces (GEOs). The company sold 5,173 GEOs over the year, reflecting its strategic efforts in portfolio expansion and operational optimization.

Key Highlights of 2025

• - Record annual revenue reached $15.6 million.
• - Operating cash flow stood at $6.2 million, a significant leap from 2024.
• - The company ended the fiscal year with over $12 million in cash, zero debt, and an undrawn credit facility increased to $150 million.
• - Strong quarterly performance featured the sale of 1,255 GEOs in Q4 2025.

David Garofalo, Chairman and CEO of Gold Royalty, expressed pride in the company's evolution over the last five years and emphasized 2025 as a critical inflection point. He attributed the financial success to an increased balance sheet strength and the addition of prestigious royalties, notably from BHP's Pedra Branca mine in Brazil.

Growth Outlook for 2026 and Beyond

Gold Royalty's forecasts indicate a robust upward trajectory, projecting total GEOs to rise between 7,500 to 9,300 in 2026 alone, showcasing an anticipated growth rate of over 60% year-on-year. This ambitious target includes contributions from newly acquired royalties and ongoing projects.

Five-Year Vision

Looking towards 2030, Gold Royalty aims for an impressive increase in GEO production, expecting numbers to range between 28,000 and 34,000 GEOs, which signifies a staggering expansion of over 490% based on the mid-point of 2025 results. This forecast positions Gold Royalty as a leader in growth potential within the gold sector.

Strategic Investments and Future Projects

Gold Royalty continues to capitalize on its diversified portfolio of royalty interests, which includes milestones from several developing assets:

• - Borborema Mine: The recent feasibility updates have significantly increased the Probable Reserves at Borborema, enhancing Gold Royalty’s future earning potentials.
• - Côté Gold Mine: The company expects production improvements with ongoing evaluations set to optimize operations.
• - Granite Creek Project: This project is now under development with moderately successful preliminary production levels, indicating promising future outputs.

These developments enable Gold Royalty to reinforce its position in the gold industry while prioritizing sustainable operations and responsible mining practices. The strategic acquisitions, such as Pedra Branca and Borborema, signify the company's commitment to adding value through high-quality assets.

Conclusion

With an impressive track record in 2025 and a strong outlook heading towards 2030, Gold Royalty Corp is set to continue establishing itself as a leader in gold royalties. The alignment of operational strengths with strategic growth initiatives highlights the company's promising nature for current and future investors. The upcoming conference call on March 19, 2026, will further detail these developments and investor insights, providing stakeholders with a comprehensive understanding of the company's path forward.

In a dynamic market landscape, Gold Royalty stands ready to leverage its capabilities in the exploration and royalty sectors, fostering long-term, sustainable growth and value creation for its shareholders.