Blockchain Registration Transaction Record

Gold Royalty Corp CEO David Garofalo Announces Major Acquisition and Anticipates Significant Growth

Gold Royalty Corp CEO David Garofalo announces the completion of a major acquisition and anticipates significant growth. The company has acquired a copper stream in Bosnia and Herzegovina, marking a strategic development for the company. Adriatic Metals plc, the subsidiary operating the copper stream, has provided production guidance, and Gold Royalty Corp is experiencing remarkable growth, expanding its portfolio and enhancing its revenue streams through significant acquisitions and robust growth in its royalty assets.

This news matters as it signifies a strategic development for Gold Royalty Corp, with the acquisition of a copper stream in Bosnia and Herzegovina. The company is experiencing remarkable growth, expanding its portfolio and enhancing its revenue streams through significant acquisitions and robust growth in its royalty assets. The company expects 160% growth in revenue in 2024, anticipates positive free cash flow and earnings for the first time, and projects a 60% compounded annual growth rate in revenue through the end of the decade, driven by royalties on major gold mines in North America.