Gold Royalty Corp. · AMEX:GROY
Gold Royalty — Merger or Acquisition (December 2025)
13 slides from Gold Royalty's merger presentation, December 2025
Slide 1: Building Our Portfolio Through Accretive Acquisitions and Peer-Leading Organic Growth
GoldRoyalty Building Our Portfolio Through Accretive Acquisitions and Peer-Leading Organic Growth December 2025
Slide 2: Disclaimer
Disclaimer Cautionary Note Regarding Forward-Looking Statements Technical Information The information contained herein includes “forward-looking information” and “forward-looking statements” within the meaning of Alastair Still, P.Geo., the Director of Technical Services of the Company, is a qualifi
Slide 3: Pedra Branca Royalty Transaction Highlights
Pedra Branca Royalty Transaction Highlights • Gold Royalty to acquire a royalty over the Pedra Branca mine in Brazil for $70 million in cash from Acquisition Overview BlackRock World Mining Trust plc. • The Royalty terms include a 25% NSR on gold and a 2% NSR on copper. Attractive Royalty • The Roya
Slide 4: Strong Exposure to Gold
Strong Exposure to Gold Premier Assets in Top Jurisdictions with over 90% of our Value in Gold Commodity Jurisdiction (% Book Value) (% Book Value) 8% 6% 12% 57% 24% 92% Canada USA Brazil Gold Copper Other Europe Other Note: Based on Book Value as of the company’s financial statements dated Septembe
Slide 5: Transformative to Gold Royalty
Transformative to Gold Royalty A Value Enhancing Transaction MATERIALLY • For the 12 months ended June 30, 2025, the Royalty paid approximately $7.9 million, ACCRETIVE TO equivalent to approximately 2,800 gold equivalent ounces (“GEOs”)*. GOLD ROYALTY • The Royalty is expected to add significant and
Slide 6: Pedra Branca Royalty Transaction Highlights
Pedra Branca Royalty Transaction Highlights The royalty has been a significant revenue contributor to its previous owner: Pedra Branca Royalty Receipts Received – LTM: Historical Royalty Revenue from Pedra Branca Royalty: Total royalty Average gold revenue GEOs price (US$/oz) (US$M) Q3 2024 $2,475 $
Slide 7: Pedra Branca Gold-Copper Mine
Pedra Branca Gold-Copper Mine Established Cashflowing Mine in Brazil Asset Overview BHP Carajás Assets – Including Pedra Branca: Operator Location Southeastern Pará State, Brazil 25% NSR royalty on gold Gold Royalty Interest 2% NSR royalty on copper Commodities Gold (Au) and copper (Cu) Cash flowing
Slide 8: Pedra Branca Mineral Reserve and Resource Estimate
Pedra Branca Mineral Reserve and Resource Estimate Grade Contained Metal Tonnes Au Cu Au Oz. Cu Lbs AuEq Oz.1 (Mt) (g/t) (%) (koz) (Mlbs) (koz) Proven 1.3 0.48 1.80 20.1 51.6 81.2 Probable 3 0.49 1.85 39.4 102.0 160.1 Total Reserves 4 0.49 1.83 59.9 153.3 241.4 Measured 2.4 0.47 1.68 36.3 88.9 141.5
Slide 9: Expansion Opportunity
Expansion Opportunity Previous Operator Saw Growth Potential Down-Plunge Long Projection Looking North Source: OZ Minerals June 2022 Mineral Resource Statement goldroyalty.com / NYSE: GROY 9
Slide 10: CoreX Holdings and CoreX Metals & Mining
CoreX Holdings and CoreX Metals & Mining Corex Holdings • CoreX Holding is a global well-diversified holding company operating across 10 industries, with a primary focus on metals and mining, ports and terminals, chemicals, green energy, shipping, trading and sustainable financial solutions. • The c
Slide 11: Improved Financial Position & Strategic Backing
Improved Financial Position & Strategic Backing Enhanced Balance Sheet and Strong Strategic Support from Access to Capital Investors Net Cash Position $14.0M 10% 10% 38% ($60.0M) 30-Sep-25 10-Dec-25 8% Credit Availability 3% $75.0M 2% 30% $5.0M Strategic Individuals / Insiders Institutional Public a
Slide 12: Pedra Branca Royalty Transaction Highlights
Pedra Branca Royalty Transaction Highlights • Gold Royalty to acquire a royalty over the Pedra Branca mine in Brazil for $70 million in cash from Acquisition Overview BlackRock World Mining Trust plc. • The Royalty terms include a 25% NSR on gold and a 2% NSR on copper. Attractive Royalty • The Roya
Slide 13: Contact Info
Contact Info Email: info@goldroyalty.com Telephone: +1 (833) 396-3066 Address: 1188 West Georgia Street, Suite 1830, Vancouver, British Columbia, V6E 4A2 Canada