Gold Royalty Upsizes Credit Facility to $150 Million, Extends to 2028, and Strengthens Funding Flexibility

Gold Royalty Corp. has upsized and amended its credit facility to $150 million with a lower interest rate and extended to November 2028. This strengthens the company's funding flexibility and potential cash flow profile. The investment narrative remains focused on the portfolio's growth and potential setbacks at key assets. The restart at Vareš is a near-term catalyst. Despite the expanded facility, investors should be aware of concentration risk and dilution.