GOLD ROYALTY REPORTS RECORD THREE AND NINE-MONTH RESULTS WITH CONTINUED STRONG CASH FLOW AND EARNINGS GROWTH

(NYSE:GROY) Gold Royalty Corp. announced its operating and financial results for the three and nine months ended September 30, 2026. The company reported record revenue of $10.2 million for the third quarter, an increase of approximately 147% over the same period in 2025, and total revenue, land agreement proceeds and interest of $11.5 million, up approximately 151%. Gold Equivalent Ounces (GEOs) increased by approximately 103% to 2,689 GEOs in the third quarter of 2026 compared to the third quarter of 2025. Adjusted EBITDA was $9.0 million, with net income of $3.8 million, representing an increase of approximately 256% over the prior year period. As of September 30, 2026, the company had approximately $21.0 million in cash and cash equivalents, no debt, and a fully undrawn $125 million revolving credit facility, with an accordion feature for up to an additional $25 million. In the third quarter, Gold Royalty acquired NSR royalties on the Sterling project and a portion of the Granite Creek mine for $0.8 million, both located in Nevada, USA. For the three months ended September 30, 2026, revenue was $10,246,000, net income was $3,838,000, and cash provided by operating activities was $7,499,000. For the nine months ended September 30, 2026, revenue was $24,156,000, net income was $7,392,000, and cash provided by operating activities was $15,696,000. Non-IFRS total revenue, land agreement proceeds and interest for the three and nine months were $11,473,000 and $28,768,000, respectively. Adjusted EBITDA for the three and nine months was $8,957,000 and $21,555,000, respectively. Adjusted net income for the three and nine months was $3,891,000 and $8,954,000, respectively. GEOs for the three and nine months were 2,689 and 6,366, respectively. Total assets as of September 30, 2026 were $857,794,000, and total non-current liabilities were $122,311,000. The company remains on track to achieve its previously announced annual guidance of 7,500 to 9,300 GEOs in 2026, having achieved 76% of the midpoint of its full-year guidance by September 30, 2026. The company’s portfolio update includes: Borborema Mine, where Aura Minerals announced a transition to in-house fleet operation and record quarterly production of 22,842 GEOs in Q3 2026; Canadian Malartic/Odyssey Mine, where Agnico Eagle completed the first phase of shaft sinking to 1,586 metres and expects first production through Shaft #1 in Q2 2027, with a second phase of shaft sinking expected to commence in 2029 and complete in 2031, and a decree modification application expected in Q1 2027; Cozamin Mine, where Capstone Copper announced the sale of Cozamin to Luca Mining Corp. for up to $385 million, with the transaction expected to close in Q4 2026; Granite Creek Project, where i-80 Gold Corp. reported production ramp-up and expects 30,000 to 40,000 ounces of gold in 2026; Jerritt Canyon Project, where First Majestic Silver Corp. reported underground rehabilitation of 5,965 metres year-to-date and 16,284 metres of drilling in Q3 2026, with production on track to resume in the second half of 2027; REN Project, where Barrick Mining Corporation reported 605 metres of development at the West Barrel declines and expects average annual gold production of approximately 140,000 contained ounces once full production is reached in 2027; South Railroad Project, where Equinox Gold Corp. received a positive Record of Decision from the United States Bureau of Land Management, commenced early works and civil construction, and plans first gold production in 2028; and Vareš Mine, where DPM Metals reported that the Constitutional Court of Bosnia and Herzegovina published its decision on a constitutional dispute, with operations continuing as normal. The company’s royalty generator model has generated 60 royalties since 2021, with 39 properties subject to land agreements and six properties under lease generating land agreement proceeds. The company’s 2026 outlook maintains guidance of 7,500 to 9,300 GEOs, based on an assumed gold price of $5,150 per ounce and copper price of $5.75 per pound. A conference call to discuss the results will be held at 11:00 a.m. ET on November 5, 2026.

GOLD ROYALTY REPORTS RECORD SIX-MONTH RESULTS WITH CONTINUED STRONG CASH FLOW AND EARNINGS GROWTH

(NYSE: GROY) Gold Royalty Corp. announced the filing of its operating and financial results for the three and six months ended June 30, 2026. Revenue for the second quarter of 2026 was $6.7 million, with Total Revenue, Land Agreement Proceeds and Interest increasing by approximately 80% to $7.9 million and GEOs increasing by approximately 31% to 1,757 GEOs compared to the second quarter of 2025. Adjusted EBITDA was $5.6 million (net income of $1.8 million), approximately 137% higher than the same period in 2025, and the company ended the quarter with over $11.3 million of cash, no debt, and a fully undrawn $150 million credit facility. Gold Royalty acquired an additional 0.875% NSR royalty interest over the Ren project for $6.25 million and, subsequent to quarter-end, acquired NSR royalties on the Sterling project and a portion of the Granite Creek mine for $0.8 million, all located in Nevada, USA. The company remains on track to achieve its previously announced annual guidance of 7,500 - 9,300 GEOs in 2026, based on an assumed gold price of $5,150 per ounce and copper price of $5.75 per pound. Portfolio updates include 14,251 GEOs produced at Borborema during Q2 2026, first phase of shaft sinking completed at Odyssey at a depth of 1,586 metres, and Vareš producing approximately 35,000 GEOs in Q2 2026 including 1.3 million pounds copper. The company projects continued volume and cash flow growth and progress at key projects including first production from Ren, construction start at South Railroad, and full production at Vareš.

Gold Royalty Announces Acquisition of Additional Interest in REN Royalty, Release of 2026 Integrated Report and Reminds Shareholders of Capital Markets Day

(NYSE: GROY) Gold Royalty Corp. announced the acquisition of an additional indirect 0.1875% net smelter return ("NSR") royalty interest over the REN project for total cash consideration of US$6.25 million. This increases the Company's net interests over the REN project to a 1.6875% indirect NSR and a 3.5% Net Profit Interest. The REN project is located in Nevada, USA, and is owned by Nevada Gold Mines, a joint venture between Barrick Mining Corp. (61.5%) and Newmont Corp. (38.5%), and operated by Barrick Mining Corp. Barrick has announced that it expects to achieve first production at Ren in 2026 and ramp up to full production by year-end 2027, with an annual forecasted average gold production of 140,000 ounces. Gold Royalty also released its 2026 Integrated Report, including the Asset Handbook and Sustainability Report, and announced its Capital Markets Day to be held on June 18, 2026, in Toronto, Canada. The Asset Handbook highlights the recently-acquired royalty on Pedra Branca and the royalty on the Jerritt Canyon mine, which is expected by its operator to restart within the next five years.

GOLD ROYALTY REPORTS RECORD REVENUE AND CASH FLOW IN THE FIRST QUARTER 2026

Gold Royalty Corp. announced its operating and financial results for the three months ended March 31, 2026, reporting record revenue of $7.2 million and record Adjusted EBITDA of $7.0 million, approximately 318% higher than the same period in 2025. The company exited the quarter with over $13.6 million of cash, no debt, and a fully undrawn $150 million credit facility. Gold Royalty remains on track to achieve its outlook of 7,500 - 9,300 GEOs in 2026. Several portfolio updates and management appointments were also disclosed. These results highlight the company's strengthened balance sheet and ongoing growth initiatives.

Gold Royalty Announces Record First Quarter 2026 Preliminary Results

Gold Royalty Corp. announced its preliminary results for the first quarter of 2026, achieving record Total Revenue, Land Agreement Proceeds and Interest of $9.4 million and record revenue of $7.2 million. The company reported 1,920 gold equivalent ounces (GEOs) for the quarter, representing a 162% increase compared to the same period last year and an increase of almost 80% from the previous quarter. Gold Royalty maintains its 2026 full-year production guidance of 7,500 - 9,300 GEOs, with production expected to be more heavily weighted to the second half of the year. The company highlighted significant contributions from recently acquired royalties on the Pedra Branca and Borborema mines. Gold Royalty will release its full first quarter results on May 6, 2026, and host a capital markets day on June 18, 2026.