Company: GROY-WT
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0000950170-25-042306
Chunk: 130

Company: Gold Royalty Corp.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 19
Chunk 130
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 Weighted Average Remaining Contractual Life Number of Options exercisable Weighted Average Exercise Price Weighted Average Remaining Contractual Life
1.00 to 1.99 3,986,398 1.30 3.36 2,415,561 1.34 2.33
2.00 to 2.99 2,337,860 2.58 2.87 2,337,860 2.58 2.87
3.00 to 3.99 17,514 3.06 2.39 17,514 3.06 2.39
4.00 to 4.99 877,003 4.86 1.73 877,003 4.86 1.73
5.00 and above 2,505,000 5.00 1.19 2,505,000 5.00 1.19
9,723,775 2.89 2.53 8,152,938 3.20 2.07
During the years ended December 31, 2024, and 2023, three months ended December 31, 2022, and year ended September 30, 2022, the Company recognized share-based compensation expense of$434,$1,405,$845 and $1,551, respectively, related to the share options.

12. Revenue
For the year ended For the year ended For the three For the year ended
December 31, 2024 December 31, 2023 months ended September 30, 2022
December 31, 2022
(transition period)
($) ($) ($) ($)
──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
Borden 636 520 63 954
Canadian Malartic 1,855 709 195 1,132
Côté Gold 1,145 - - - 
Cozamin 1,159 438 - - 
Vareš 893 - - - 
Borborema 2,459 74 - - 
Jerritt Canyon 11 201 148 808
Others 1,945 1,106 176 1,050
10,103 3,048 582 3,944

F-21

Gold Royalty Corp.

Notes to Consolidated Financial Statements

(Expressed in thousands of