Reports Q3 revenue $1.28B, consensus $1.31B. David Garofalo, chairman and CEO of Gold Royalty, commented, “We are excited to further expand our royalty position in Quebec, one of the best mining jurisdictions in the world, to now over 90 royalties by acquiring a highly prospective royalty portfolio from SOQUEM. The Portfolio covers over 65,000 hectares and is primarily focused on gold properties. Several of the properties are being advanced by leading mining companies such as Osisko Mining, IAMGOLD, and Probe Gold. Furthermore, we look forward to welcoming Investissement Quebec as a strategic shareholder and look forward to exploring further opportunities for growth in the province.”
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