Business
Gold Royalty Announces Amended and Upsized Revolving Credit Facility of up to US$150 Million at Reduced Interest Cost and Provides an Update on Selected Portfolio Assets
Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that it has entered into an agreement to upsize and amend its existing credit facility ("the Facility") to up to US$150 million with a syndicate of banks consisting of the Bank of Montreal, National Bank Capital Markets, and the Royal Bank of Canada.
About this update from Gold Royalty Corp.
[{"type":"text","content":"VANCOUVER, BC, Feb. 19, 2026 /CNW/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that it has entered into an agreement to upsize and amend its existing credit facility ("the Facility") to up to US$150 million with a syndicate of banks consisting of the Bank of Montreal, National Bank Capital Markets, and the Royal Bank of Canada.","length":415,"tagName":"p"},{"type":"text","content":"The amended and upsized Facility now consists of a US$125 million secured revolving credit line with an accordion feature allowing for an additional US$25 million, subject to certain conditions, for total borrowing capacity of US$150 million. The Facility will bear a reduced interest rate based on SOFR plus a margin of 2.25%-3.25%, reflecting a 25-basis points interest rate reduction. The Facility matures in November 2028.","length":431,"tagName":"p"},{"type":"text","content":"Andrew Gubbels, Chief Financial Officer, commented: "Following our recent acquisitions, we are pleased to announce this increased Facility with a growing syndicate of supportive lenders. In addition to reducing our cost of capital, the Facility positions us to execute our growth strategy efficiently in the future."","length":326,"tagName":"p"},{"type":"text","content":"Gold Royalty is also pleased with recent positive progress updates disclosed by the owners and operators of assets on which it holds royalties or streams. These include:","length":169,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Borborema (2.75% NSR) – Aura Minerals announced on January 12, 2026 that production totalled 15,777 gold equivalent ounces ("GEO") in the fourth quarter, up 54% quarter-over-quarter reflecting progress as the operation continues to ramp up to its full production run rate. In a December 2025 investor presentation, available on its website, Aura disclosed that it expected to complete studies to approximately double plant capacity to 4 million tonnes per annum ("Mtpa") and water system upgrades in the second quarter of 2026.","length":547,"tagName":"p"}]},{"val":[{"type":"text","content":"Borden (0.5% NSR, partial coverage) – Discovery Silver announced on February 10, 2026 that it continues to get encouraging results from underground drilling alo...