Company: GROY-WT
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0000950170-25-042306
Chunk: 101

Company: Gold Royalty Corp.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 19
Chunk 101
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1,439)                                 ( 4,032)  
  Repurchase of call options                                                                    —                 —      ( 8)                                            —  
  Cash provided by (used in) financing activities                                          42,349            35,960      ( 1,669)                                    5,825  
  Effect of exchange rate changes on cash                                                       —                 —      ( 2)                                            1  
  Net increase (decrease) in cash                                                             824          ( 4,404)      ( 1,201)                                 ( 2,857)  
  Cash and cash equivalents                                                                                                                                                 
  Beginning of year/period                                                                  1,443             5,847      7,048                                       9,905  
  End of year/period                                                                        2,267             1,443      5,847                                       7,048  

The accompanying notes are an integral part of these consolidated financial statements

F-5

Gold Royalty Corp.

Notes to Consolidated Financial Statements

(Expressed in thousands of United States dollars unless otherwise stated)

1. Corporate information
Gold Royalty Corp. ("GRC" or the "Company") is a company incorporated in Canada on June 23, 2020 and domiciled in Canada. GRC is principally engaged in acquiring gold-focused royalty and mineral streaming interests. The registered office of the Company is located at 1000 Cathedral Place, 925 West Georgia Street, Vancouver, British Columbia, V6C 3L2, Canada. The principal address of the Company is located at 1830 - 1188 West Georgia Street Vancouver, BC, V6E 4A2, Canada
The Company's common shares (the "GRC Shares") and common share purchase warrants (" Warrants") are listed on the NYSE American under the symbols "GROY" and "GROY-WT", respectively.

2. Basis of preparation and Material accounting policies
2.1 Statement of compliance
The Company's consolidated financial statements have been prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board ("IFRS"). These consolidated financial statements were authorized for issue by the Company's board of directors on March 20, 2025.
2.2 Basis of presentation
The Company's consolidated financial statements have been prepared in accordance with IFRS on a historical cost basis except for financial instruments that have been measured at fair value. The Company's consolidated financial statements are presented in United States dollars (" U.