Business
Gold Royalty Declares Third Quarter Cash Dividend
VANCOUVER, BC, Aug. 24, 2022 /CNW/ - Gold Royalty Corp. (NYSE: GROY) ("Gold Royalty" or the "Company") is pleased to announce that its board of directors has ap
About this update from Gold Royalty Corp.
[{"type":"text","content":" VANCOUVER, BC, Aug. 24, 2022 /CNW/ - Gold Royalty Corp. (NYSE: GROY) (\"Gold Royalty\" or the \"Company\") is pleased to announce that its board of directors has approved and declared the Company's third quarterly cash dividend of US$0.01 per common share. The dividend will be paid on September 30, 2022 to shareholders of record as of the close of business on September 20, 2022. The dividend qualifies as an \"eligible\" dividend as defined in the Income Tax Act (Canada). The dividend is subject to customary Canadian withholding tax for shareholders that are not resident in Canada. The dividend program contemplates quarterly dividends, the declaration, timing, amount and payment of which will be subject to the discretion and approval of the board of directors of the Company based on relevant factors, including, among others, the Company's financial condition and capital allocation plans. About Gold Royalty Corp. Gold Royalty is a gold-focused royalty company offering creative financing solutions to the metals and mining industry. Its mission is to acquire royalties, streams and similar interests at varying stages of the mine life cycle to build a balanced portfolio offering near, medium and longer-term attractive returns for its investors. Gold Royalty's diversified portfolio currently consists primarily of royalties on gold properties located in the Americas. Cautionary Statement on Forward-Looking Information: Certain of the information contained in this news release constitutes 'forward-looking information' and 'forward-looking statements' within the meaning of applicable Canadian and U.S. securities laws (\"forward-looking statements\") and involve known and unknown risks, uncertainties and other factors that may cause Gold Royalty's actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. The words \"believe\", \"expect\", \"will\", \"propose\" and derivatives thereof and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters, identify the above mentioned and other forward-looking statements. Such forward-looking statements, include, among other things, statements regarding: the payment of the dividend and declaration of future dividends, including the ti...