Immediate Release: Gold Royalty (GROY.NYSE) Report

This kind of news gets my alligator sense going… This kind of news gets my alligator sense going… And my attention and action go full throttle. David Garofalo (CEO) and the team at GROY have pulled off one of the best royalty acquisitions I’ve seen in years in the space. I must say this team reminds me a lot of the pace Ross Beaty moves at during his formative years. In fact, GROY is moving a lot quicker than even I expected and things could heat up very soon. Let me explain… On September 7, GROY announced a 3-way merger with Golden Valley and Abitibi Royalties. The largest players in the gold markets (Eric Sprott, Rob McEwen, Jimmy Lee) have signed lock-ups to acquire GROY shares at US$4.80 per share. What does the share price know that Eric Sprott, Rob McEwen, and Jimmy Lee don’t know? Nothing. - That’s the point of this alert. This is a mispriced arbitrage opportunity that I personally plan on taking advantage of. This transaction when closed and completed makes Gold Royalty Corp (GROY.NYSE) a top 10 precious metal and royalty company. Catalysts: After this transaction, the new co-market cap of the company will be over $500 million. - With that, index funds will be required to purchase more shares as per their rebalancing index rules. In addition, other funds that are required to hold royalty companies will realize that Gold Royalty Corp (GROY.NYSE) is a vastly superior royalty and streaming company than peers with a similar market cap but nowhere near the royalties on quality assets. - The flow of funds will come into Gold Royalty Corp (GROY.NYSE) and I believe this newly merged entity will rerate post-close. - The risk is the transaction doesn’t close—that being a larger company is willing to pay more. - That is possible and in that case, Gold Royalty Corp (GROY.NYSE) walks away with $15 million in break-up fees for their efforts. There has only been one financing with this company and that was almost exclusively taken down by KRO subscribers. I am very impressed with David Garofalo and his team thus far. And I fully understand why the smart shareholders of Golden Valley and Abitibi like Jimmy Lee and Rob McEwen signed hard lock-ups with Gold Royalty (GROY.NYSE) because they see the re-rate potential in the share price. [Click Here to download your full report on Gold Royalty Corp (GROY.NYSE)]( Regards, Marin Katusa Founder, Katusa Research Katusa Research, Marin Katusa and its directors, employees, and members of their households directly own shares of the following Companies which are described in this publication – Gold Royalty Corp (GROY.NYSE). Therefore, Katusa Research is extremely biased. All publications of Katusa Research represent only the opinion of the respective authors and not of the company. Gold Royalty Corp did not review this report or articles. The information in the publications of Katusa Research do not replace and are not to be taken as individual needs geared professional investment advice and is for informational purposes only. This report and information are neither explicitly nor implicitly to be understood as a guarantee of a particular price development of the mentioned financial instruments or as a trading invitation. Every investment in securities mentioned in publications of Katusa Research involves risks which could lead to a total loss of the invested capital and—depending on the investment—to further obligations for example additional payment liabilities. Katusa Research does not guarantee that any of the companies mentioned in this newsletter will perform as we expect, and any comparisons we have made to other companies may not be valid or come into effect. All information published in publications from Katusa Research is based on public filings and news releases. Copyright © 2021 Katusa Research, All rights reserved. [Katusa Research Privacy Policy]( If you wish to stop receiving our emails or change your subscription options, please [Manage Your Subscription]( Katusa Research, Suite 530 - 800 West Pender St, Vancouver, BC V6C2V6, Canada