Company: GROY-WT
Filing Date: 2025-12-08
Form Type: 424B5
Source: 0001493152-25-026680
Chunk: 50

Company: Gold Royalty Corp.
Filing Date: 2025-12-08
Form: 424B5
Chunk 50
---
 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.

<div align='center'>CAUTIONARY NOTE REGARDING MINERAL RESERVES AND MINERAL RESOURCES</div>

We are subject to the reporting requirements of the applicable Canadian and United States securities laws. The disclosure of scientific and technical information regarding the properties underlying our royalty and other interests contained in our Annual Report on Form 20-F for the most recent year incorporated by reference herein, is presented in accordance with subpart 1300 of Regulation S-K (“ SK1300”), which differs from the disclosure requirements set forth under Canadian Securities Administrators’ National Instrument 43-101 – Standards of Disclosure for Mineral Projects(“