Company: GROY-WT
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0000950170-25-042306
Chunk: 136

Company: Gold Royalty Corp.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 19
Chunk 136
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 whose Chief Executive Officer is also a director of the Company, subscribed for $30,000 principal amount of the Debentures in the Company's convertible debenture financing completed in December 2023. During the year ended December 31, 2024, the Company incurred finance costs of$4,476(2023: $176), under such Debentures held by QRC.
Related party transactions are based on the amounts agreed to by the parties. During the year ended December 31, 2024, the Company did not enter into any contracts or undertake any commitment with any related parties other than as described herein.
16.2 Transactions with Key Management Personnel
Key management personnel are individuals responsible for planning, directing, and controlling the activities of an entity. Total management salaries and directors' fees incurred for the y ears endedDecember 31, 2024, and 2023, three months ended December 31, 2022, and year ended September 30, 2022, are as follows:
For the year ended For the year ended For the three For the year ended
December 31, 2024 December 31, 2023 months ended September 30, 2022
December 31, 2022
(transition period)
($) ($) ($) ($)
─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
Management salaries 2,288 1,332 275 1,453
Directors' fees 209 332 102 442
Share-based compensation 1,713 1,701 788 1,628
4,210 3,365 1,165 3,523

17. Operating segments
The Company conducts its business as a single operating segment, being the investment in royalty and mineral streaming interests.
Revenue by geographical region
Revenue by geographical region, including revenues derived from the royalties, streaming and other mineral interests, are determined by the location of the mining operations giving rise to the royalties, streaming and other mineral interests. For the years endedDecember 31, 2024, and 2023, the three months ended December 31, 2022, and the year ended September 30, 2022, revenue were earned from the following jurisdictions:
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, 202