Company: GROY-WT
Filing Date: 2025-12-08
Form Type: 424B5
Source: 0001493152-25-026487
Chunk: 48

Company: Gold Royalty Corp.
Filing Date: 2025-12-08
Form: 424B5
Chunk 48
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 time, in one or more offerings, in any manner described under the section in this prospectus entitled “ Plan of Distribution.”

This prospectus provides you with a general description of the securities we may offer. Each time we sell securities we will provide a prospectus supplement that will contain specific information about the terms of that offering. The prospectus supplement may also add, update or change information contained in this prospectus, and may also contain information about any material federal income tax considerations relating to the securities covered by the prospectus supplement. You should read both this prospectus and any applicable prospectus supplement together with additional information under the headings “ Where You Can Find More Information” and “ Incorporation of Certain Documents by Reference.”

This summary may not contain all of the information that may be important to you. You should read this entire prospectus, including the financial statements and related notes and other financial data incorporated by reference in this prospectus, before making an investment decision. This summary contains forward-looking statements that involve risks and uncertainties. Our actual results may differ significantly from the results discussed in the forward-looking statements. Factors that might cause or contribute to such differences include those discussed in “ Risk Factors” and “ Cautionary Note Regarding Forward-Looking Statements.”

Unless otherwise indicated, references in this registration statement to “Gold Royalty”, the “Company”, “we”, “us” and “our” refer to Gold Royalty Corp., a company incorporated under the laws of Canada, together with its subsidiaries unless the context requires otherwise. We express all amounts in this registration statement in U.S. dollars, except where otherwise indicated.

Unless the context otherwise requires, all references to:

| ● | “dollar”,                                                                         
 “$” and “US$” are to U.S. dollars and references to “C$” are to Canadian dollars; |

| ● | the                                                                
 “Securities Act” refers to the Securities Act of 1933, as amended; |

| ● | the                                                                           
 “Exchange Act” refers to the Securities Exchange Act of 1934, as amended; and |

| ● | the                                                                   
 “SEC” refers to the United States Securities and Exchange Commission. |

<div align='center'>PRESENTATION OF FINANCIAL INFORMATION</div>

We report under IFRS Accounting Standards as issued by the International Accounting Standards Board. None of the financial statements incorporated by reference in this prospectus were prepared in accordance with generally accepted accounting principles in the United States. We present our financial statements in U.S. dollars.

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