Gold Royalty Corp. Expands Credit Facility and Updates on Key Portfolio Assets

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Gold Royalty Corp. Expands Credit Facility and Updates on Key Portfolio Assets

TPT Global Tech ( (TPTW) ) has provided an update.

On February 24, 2025, Gold Royalty Corp. announced an amendment and expansion of its revolving credit facility with the Bank of Montreal and the National Bank of Canada, increasing the facility’s maximum to $75 million while reducing interest costs and extending the maturity date to March 31, 2028. This strategic financial adjustment is expected to enhance the company’s balance sheet flexibility and support its capital allocation initiatives, focusing on debt repayment and revenue growth. The company also provided updates on several key assets in its portfolio, highlighting significant progress and expected revenue contributions from projects like Côté Gold, Vares, and REN, positioning Gold Royalty for substantial growth in the coming years.

More about TPT Global Tech

Gold Royalty Corp. is a gold-focused royalty company that provides creative financing solutions to the metals and mining industry. The company aims to invest in high-quality, sustainable, and responsible mining operations, building a diversified portfolio of precious metals royalty and streaming interests primarily in the Americas.

Current Market Cap: $1.47M

For detailed information about TPTW stock, go to TipRanks’ Stock Analysis page.

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