Company: GROY-WT
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0000950170-25-042306
Chunk: 128

Company: Gold Royalty Corp.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 19
Chunk 128
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18
Balance at December 31, 2024 9,723,775 2.89
The weighted average share price at the date of exercise of options exercised during the year ended December 31, 2024 was $1.71(2023: $1.94).
During the year ended December 31, 2024, the Company granted2,094,450 share options at an exercise price of $1.24 per share to officers and employees. These share options are exercisable for a period of5 years from the date of grant and will vest as follows: (a) 25% on the grant date; and (b) 25% on each of the dates that are 6, 12 and 18 months thereafter.
During the year ended December 31, 2023, the Company granted5,000 share options at an exercise price of $2.33 per share to an employee. These share options are exercisable for a period of5 years from the date of grant and will vest as follows: (a) 25% on the grant date; and (b) 25% on each of the dates that are 6, 12 and 18 months thereafter.
During the three months ended December 31, 2022, the Company granted30,000 share options at an exercise price of $2.13 per share,5,000 share options at an exercise price of $2.49 per share and2,236,592 at an exercise price of $2.59 per share to directors, officers and employees. These share options are exercisable for a period of5 years from the date of grant and will vest as follows: (a) 25% on the grant date; and (b) 25% on each of the dates that are 6, 12 and 18 months thereafter.
During the year ended September 30, 2022, the Company granted404,517 share options at an exercise price of $4.93 per share,5,000 share options at an exercise price of $4.62 per share,100,000 share options at an exercise price of $4.14 per share,17,514 share options at an exercise price of $3.06 per share,25,000 share options at an exercise price of $2.73 per share and25,000 share options at an exercise price of $2.16 per share to directors, officers and employees. These share options are exercisable